Milliken & Company named a 2015 World’s Most Ethical Company by the Ethisphere Institute
Milliken & Company, a global innovation company, has been recognized as a 2015 World’s Most Ethical Company by the Ethisphere Institute, the global leader in defining and advancing the standards of ethical business practices.
The World’s Most Ethical Companies designation recognizes those organizations that have had a material impact on the way business is conducted by fostering a culture of ethics and transparency at every level of the company.
Being an honoree for nine consecutive years underscores Milliken & Company’s commitment to leading ethical business standards and practices, ensuring long-term value to key stakeholders including customers, employees, suppliers and communities. Milliken & Company is one of only 15 companies that can claim this consecutive distinction and one of only 16 private companies receiving this year’s award.
Says Joe Salley, president and CEO of Milliken & Company, “As a community of innovators, our associates understand the importance of conducting business in accordance with the highest ethical standards and are inspired by the idea of bringing innovations to the market that have a positive impact on the world.”
Says Ethisphere CEO Timothy Erblich, “The World’s Most Ethical Companies embrace the correlation between ethical business practice and improved company performance. These companies use ethics as a means to further define their industry leadership and understand that creating an ethical culture and earning the World’s Most Ethical Companies recognition involves more than just an outward facing message or a handful of senior executives saying the right thing. Earning this recognition involves the collective action of a global workforce from the top down. We congratulate everyone at Milliken for this extraordinary achievement.”
The World’s Most Ethical Company assessment is based upon the Ethisphere Institute’s Ethics Quotient (EQ) framework developed over years of research to provide a means to assess an organization’s performance in an objective, consistent and standardized way. 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. The EQ framework and methodology is determined, vetted and refined by the expert advice and insights gleaned from Ethisphere’s network of thought leaders and from the World’s Most Ethical Company Methodology Advisory Panel.
Scores are generated in five key categories: ethics and compliance program (35 per cent), corporate citizenship and responsibility (20 per cent), culture of ethics (20 per cent), governance (15 per cent) and leadership, innovation and reputation (10 per cent).
The full list of the 2015 World’s Most Ethical Companies can be found at http://ethisphere.com/worlds-most-ethical/wme-honorees/
ALL ABOUT MILLIKEN
Milliken is an innovation company that has been exploring, discovering and creating ways to enhance people’s lives since 1865. Our community of innovators has developed one of the largest collections of patents held by a private company. With expertise across a breadth of disciplines, including specialty chemical, floor covering and performance materials, Milliken works around the world every day to add true value to people’s lives, improve health and safety, and help make this world more sustainable.
For more information, visit www.milliken.com
ALL ABOUT THE ETHISPHERE INSTITUTE
The Ethisphere Institute is the global leader in defining and advancing the standards of ethical business practices that fuel corporate character, marketplace trust and business success. Ethisphere has deep expertise in measuring and defining core ethics standards using data-driven insights that help companies enhance corporate character. Ethisphere honors superior achievement through its World’s Most Ethical Companies® recognition program, provides a community of industry experts with the Business Ethics Leadership Alliance (BELA) and showcases trends and best practices in ethics with the publication of Ethisphere Magazine and The World’s Most Ethical Companies Executive Briefing. Ethisphere is also the leading provider of independent verification of corporate ethics and compliance programs.
For more information, visit http://ethisphere.com