NEW YORK, US — ADM and Ingredion, Inc. were among the 135 companies recognized recently by the Ethisphere Institute for their commitment to business integrity. In total, seven food and beverage companies made the list (C.P. Group, Grupo Bimbo SAB de CV, illy, Kellogg Co. and PepsiCo).
Ethisphere, a global leader in defining and advancing the standards of ethical business practices, over the past 15 years has recognized companies that have demonstrated a commitment to ethical business practices through programs that positively impact employees, communities, and broader stakeholders, and contribute to sustainable and profitable long-term business performance.
“We continue to be inspired by the actions and initiatives of the World’s Most Ethical Companies honorees,” said Timothy Erblich, chief executive officer of Ethisphere. “Leadership by this group of companies is a reason that business — above all other institutions — was most trusted during the challenging times of 2020. Honorees integrate ethics and values with corporate strategy. They speak up, are transparent, take action, and look for innovative ways to make a difference. We congratulate their efforts.”
Based on Ethisphere’s proprietary Ethics Quotient, the World’s Most Ethical Companies assessment process includes more than 200 data points on culture, environmental and social practices, ethics and compliance activities, governance, diversity and initiatives to support a strong value chain. The process serves as an operating framework to capture and codify the leading practices of organizations across industries and around the globe.
Ethisphere said it streamlined its process this year and expanded its question set to better gauge how applicants adapted and responded to the global health pandemic, environmental, social, and governance factors, safety, equity, and inclusion and social justice.
Westchester, Illinois, US-based Ingredion, Inc. was recognized for the eighth consecutive year.
“As a company guided, united and inspired by our purpose of bringing the potential of people, nature and technology together, we’re honored to be recognized as one of the world’s most ethical companies for the eighth consecutive year,” said James P. Zallie, president and CEO. “In the face of 2020’s unprecedented challenges, our employees globally embraced our purpose and values to maintain Ingredion’s longstanding reputation as a trusted supplier, good neighbor and employer of choice. Upholding the highest standards of ethics, safety, quality and sustainability is core to our purpose-led, people-centric culture and how we fulfill our commitment to make life better — for our employees, customers, suppliers, and all stakeholders.”
ADM, Chicago, Illinois, US, made the list for the second consecutive year.
“Each day, our global team of 38,000 unlocks the power of nature to enrich the quality of life, while following the highest standards of honesty and integrity,” said Juan Luciano, chairman and CEO. “We are deeply proud of being named one of the World’s Most Ethical Companies again this year, and for the recognition of our deep commitment to ethical business practices, transparency and corporate citizenship.”