In this era of hyper-competition and result-oriented nature of businesses, it is difficult to run huge empires on ethical grounds and standards. Ethics refers to the study and process of human conduct, as a part of the society or an institution, in the light of moral principles.
The Ethisphere Institute released on March 25, 2010, its fourth annual list of the World’s Most Ethical Companies for 2010. Through in-depth research and analysis as many as 3000 companies from 100 countries were nominated for considering inclusion into the list of winners for the coveted award of the World’s Most Ethical Companies.
The institute recognizes companies that truly goes beyond making statements about doing business ‘ethically’ and translate those words into action. Of these companies, 26 are new to the list in 2010, while there are 24 companies which have been dropped off from the 2009 list due to ethical violations.
Here is a Bummer, not a Single India company features in this list of most Ethical companies in the world. do you think Satyam’s fiasco has anything to do with this :)
Solae, LLC, a world leader in soy-based ingredients within the food and nutritional industry, has been recognized as one of the world’s most ethical companies for implementing upright business practices and initiatives in harmony with company and social objectives.
Some of the other companies from the food industry which bagged this recognizable award are PepsiCo, Campbell Soup Company and General Mills.
The Ethisphere Institute has reviewed nominations for companies ranging over 36 different industries from Apparel, Banking and Chemicals to Construction and Engineering, Consumer Products, Healthcare and Real Estate.
Here is the list of Most Ethical Companies in the world !
Aerospace
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Apparel
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Auctions
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Automotive
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Banking
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Business Services
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Chemicals
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Computer Hardware
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Computer Software
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Construction and Engineering
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Consumer Electronics
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Consumer Products
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Diversified Industries
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Electronics and Semiconductors
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Energy and Utilities
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Environmental Services
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Financial Services
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Food and Beverage
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| Food Service
ARAMARK Sodexo |
Food Stores
Trader Joe’s Wegmans Whole Foods Market |
Forestry, Paper and Packaging
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Healthcare
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Hotels, Travel & Hospitality
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Industrial Manufacturing
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Insurance
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Internet
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| Media, Publishing and Entertainment
Thomson Reuters Time Warner |
Medical Devices
Becton, Dickinson and Company Royal Philips |
| Pharmaceuticals
AstraZeneca Novo Nordisk |
Real Estate
Jones Lang LaSalle |
Restaurants and Cafes
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Specialty Retail
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Telecom Hardware
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Telecom Services
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Transportation and Logistics
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Aha, nice to see “Do no Evil” Google in the list of most ethical companies !
From India perspective there is nothing to cheer about except the fact that among the list of companies featuring in world’s most ethical companies, PepsiCo and Adobe Systems are headed by Indra Nooyi and Shantanu Narayen respectively, both of which are from Indian origin as their chief executives.
According to you which Indian company do you think deserves to be on this list?