Xerox recognized as one of the world’s most ethical companies
Xerox has been recognised by the Ethisphere Institute as a 2017 World's Most Ethical Company.
Underscoring the company's commitment to ethical business standards and practices, this is now the 11th consecutive year that Xerox has achieved this feat, one of only 13 other companies to do so.
Ethisphere is one of the leaders of defining and advancing the standards of ethical business practices, and it affirms the World's Most Ethical Company assessment is based upon the Ethisphere Ethics Quotient (EQ) which offers a quantitative way to assess a company's performance in an objective, consistent and standardized way.
“Over the last eleven years we have seen the shift in societal expectations, constant redefinition of laws and regulations and the geo-political climate, says Ethisphere's Chief Executive Officer Timothy Erblich.
“We have also seen how companies honoured as the World's Most Ethical respond to these challenges. They invest in their local communities around the world, embrace strategies of diversity and inclusion, and focus on long term-ism as a sustainable business advantage.
The information collected provides a comprehensive sampling of definitive criteria of core competencies, rather than all aspects of corporate governance, risk,sustainability, compliance and ethics.
“At Xerox, we take great pride in our name being synonymous with innovation,quality and integrity,” said Jeff Jacobson, chief executive officer of Xerox. “We are committed to doing business the right way, with the highest degree of ethics and in compliance with laws worldwide.
Scores are generated in five key categories: ethics and compliance program (35%), corporate citizenship and responsibility (20%), culture of ethics (20%), governance (15%) and leadership, innovation and reputation (10%) and provided to all companies who participate in the process.
“Congratulations to everyone at Xerox for being recognized as a World's Most Ethical Company,” says Erblich.