automotive

Ford Only Automaker On Ethical Companies List

Ford Motor Company is the only automaker that was named a 2016 World’s Most Ethical Company.

This marks the seventh consecutive year that Ethisphere Institute has named Ford a World’s Most Ethical Company.

Other U.S.-based companies that made the list this year include 3M Company, Aflac, Allstate Insurance, Cisco, Colgate-Palmolive Co., Cummins, Dell, GE, Holland America Line, Kellogg Co., Levi Strauss, Marriott International, Pepsi Co., Petco, Prudential Financial, Royal Caribbean, Starbucks,  Target and Xerox Corp.

The program honors companies that excel in three areas -- promoting ethical business standards and practices internally, enabling managers and employees to make good choices, and shaping future industry standards by introducing tomorrow’s best practices today. Honorees have historically outperformed others financially, demonstrating the connection between good ethical practices and performance that is valued in the marketplace.

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Ethisphere Institute honors companies with top ratings in five categories -- ethics and compliance, corporate citizenship and responsibilities, culture of ethics, governance and leadership and reputation.

In 2016, 131 honorees were named spanning 21 countries and five continents and representing over 45 industries. In its 10th year, the list includes 14 ten-time honorees and 13 first-time honorees.

The automaker says it has long recognized the importance of strong corporate citizenship and how that ties to success and building the company’s reputation.

More than half of respondents to the 2016 Harris Poll Reputation Quotient said they learn more about a company before deciding to do business with it. More than one-third decided not to do business with a company if they perceive the business has a negative reputation.

“Ford understands that trust is the cornerstone of everything it does, and their commitment to being an active part of a global community helps explain why they are the only automaker Ethisphere has recognized every year since 2010,” said Timothy Erblich, Ethisphere’s chief executive officer, in a release.

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