NEW YORK: March 07, 2016. BDP International and United Parcel Service (UPS) are the lone logistics companies on the Ethisphere Institute's (EI) 2016 list of what it considers to be the world's most ethical companies.
The annual list features companies that EI says excel in 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.
Mohammad Azam, UPS chief compliance officer commented: "At UPS, operating as an ethical company means doing what we say we will do in business conduct, in our impact on the environment, and in how we touch the lives of people in the communities where we live and work."
According to the Institute, for the past 10 years its honorees - 131 this year - have demonstrated the connection between good ethical practices and results by financially out-performed other corporations.
"A common theme among the world's most ethical companies is a drive to improve corporate integrity in a way that impacts the world," explained Ethisphere's CEO Timothy Erblich. "UPS's 'Committed to More' motto is demonstrated not only through their CSR efforts, but by the recognition of their role in the global business community and the value this creates for their investors, customers and employees."
EI determines the ethics quotient of companies based on scores in five categories: an ethics and compliance program (35 percent), corporate citizenship and responsibility (20 percent), a culture of ethics (20 percent), governance (15 percent) and leadership, innovation and reputation (10 percent).
Richard Bolte, chairman and CEO of privately-held BDP International added: "Ethical practice is among the values that have guided BDP for nearly 50 years since our founding in 1966. In an increasingly connected global business community with emerging and frontier markets, leading by example and adhering to the high discipline of good governance across our enterprise are more than a matter of doing things right; they are the right thing to do."
Click on the link below to download the full list: