Ford Motor Company is one of the World’s Most Ethical Companies for 2017. Ford joins Volvo as the only two automakers recognized. The distinction is awarded by the Ethisphere Institute to companies who demonstrate a combination of ethical practices and corporate success. 2017 was the eighth consecutive year in which Ford received the honor.
What Is Ethisphere?
According to Ethisphere, their “corporate ethics standards […] provide an independent, objective measurement tool critical to drive business decisions and stakeholder interaction.” In other words, clear and public ethics guidelines encourage a positive competition. Ethisphere measures data in five categories:
- Ethics and compliance
- Corporate citizenship and responsibility
- Culture of ethics
- Governance
- Leadership, innovation, and reputation
Why Ford?
Ford has a number of socially conscious initiatives you may not be aware of. And they have received plenty of recognition for them. In 2016 alone, Forbes named Ford America’s Best Employer and Newsweek named them Top Green Company. They also received 100 percent on the Human Rights Campaign’s Corporate Equality Index. Ford attributes its accolades to the development of “programs aimed at monitoring human rights and safe working conditions, sourcing conflict-free minerals, to programs such as the Partnership for a Cleaner Environment” (PACE).
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