Deere and Cummins named among world’s most ethical companies
Two construction equipment manufacturers were recently named to the Ethisphere Institute’s “World’s Most Ethical Companies” list: Deere & Company and Cummins Inc.
The research-based Ethisphere Institute is dedicated to the creation, advancement and sharing of best practices in business ethics, corporate social responsibility, anti-corruption and sustainability.
This was the seventh time Deere was named to the list. Cummins Inc. was named to the Ethisphere Institute’s list of the World’s Most Ethical Companies for the sixth consecutive year.
The Ethisphere Institute reported that honorees promote ethical business standards and practices internally that exceed legal compliance minimums and shape future industry standards. The list was made final after Ethisphere reviewed and analyzed nominations from companies in more than 100 countries and 36 industries. Assessment of company data that was then verified by careful independent research resulted in an Ethics Quotient for each company. Those with the highest EQ scores in each industry were named to the final list.
Alex Brigham, executive director of Ethisphere, said, “More companies applied for the World’s Most Ethical Companies recognition this year than any year in the past, which demonstrates that ethical activity is an important part of many of these companies’ business models. We are also seeing more companies be proactive and create new initiatives that expand ethics programs and cultures across entire industries.”