Thursday, March 17, 2011

Microsoft Listed in World Most “Most Ethical” Companies [2011]

Ethisphere Institute in New York.has put together a list of several Ethical companies. In which Microsoft has also been Placed. A total of 110 Companies are in this List and there are 35 New Comers in it.This selection has been made with any Industry around the Globe. They make this list of the companies which are leading in Ethics and Compliance.

According to Ethisphere:
There is no set number of companies that make the list each year. Rather, the World’s Most Ethical Company designation is awarded to those companies that have leading ethics and compliance programs, particularly as compared to their industry peers. This year, there are 110 World’s Most Ethical Companies. Of these companies, 36 are new to the list in 2011 and 26 companies dropped off from the 2010 list. These “drop offs” generally occurred because of litigation and ethics violations, as well as increased competition from within their industry.
Almost 3000 Companies has been nominated for this Award, and only 110 Organization got this Achievement. According to the Chief Executive of Ethisphere Institute, Alex Brigham,
"Based on the information in that survey, Ethisphere verifies responses before a final score is provided,Some of the information is easily verified and publicly available, and other times we request that companies send us non-public information to validate responses. This could include training policies, whistle-blower programs, internal tone-from-the-top communications and so forth."
Some of the Other Major Companies that have made to this Achievement are Ebay, Adidas, StarBucks, Microsoft, Colgate- Palmolive etc. And almost 31 companies which were in the last for the last year has disappeared, the reason of their disappearing might be litigation or ethics violations.And also the increase in competition is also another reason.

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[Via Forbes]


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