Monday, May 26, 2014

SRI Comments on the World's Most Ethical Companies


As our readers are now familiar with, this website likes to comment on CSR lists, and oh, are there many. Such lists can be used as a grazing area for readers screening new SRI candidates.



This World's Most Ethical ("WME") list is brought to you by Ethisphere.com. This firm (this word is chosen over organization and you'll see why) has come out of nowhere to become among a few select lists cited by companies.  These are companies that are socially responsible and want that fact to be known to their customers, suppliers, investors, etc. Ethisphere started in 2007 as an online newsletter and later transformed to what is known today. Unlike other CSR lists, there are no rankings and no set number of chosen companies. Though, typically 100-130 companies are chosen.

However, as in politics, Ethisphere is not without its own ethical controversies.  According to Will Evans of Slate magazine, the organization has an inherent conflict of interest. In his article, Mr. Evans states, "Ethisphere's director, Alex Brigham, is also president and CEO of Corpedia, which helps corporations develop and review their ethics programs." In fact, Corpedia has several hundred clients, some of which are on the WME list. Specifically, Ethisphere charges companies to be part of its membership groups, buy ads in its magazine, and certify them with its "Ethics Inside" label, which they receive only if Ethisphere determines that "its compliance and ethics activities are demonstrably better than competitors." We'll leave it to others to sort out this issue, but Ethisphere has made changes to become more transparent and has changed its advisory panel. The history of these changes are on its website, unfortunately several links are not functioning properly so we could not attain the desired background information.


Despite the above, we like the WME list for a few reasons:
  • several of the companies on the list have been recognized by other organizations as being socially responsible.
  • the list has few Banks and other industries that have been scandal-ridden, providing additional comfort to us.
  • Ethisphere automatically excludes companies operating in "sin industries" such as alcohol, tobacco and firearms.
  • while it's true that the qualifying companies simply fill out a questionnaire, Ethisphere has a process to ween down the list including utilizing independent verification.
  • Any organization, public or private, large or small, for profit or not-for-profit can participate.  Other lists have become filled with large public companies (and we generally feel that small, and/or private companies are more socially responsible).
  • Any company that has had significant legal trouble over the past five years is excluded from the list.

2013's World's Most Ethical Companies list:
This year, a record 145 companies made it on the list, with 43 of those headquartered outside the U.S.  Since 2007, 23 companies have made it on the list every year.  Readers take note! They include:
  • American Express
  • Fluor
  • General Electric
  • Milliken & Company
  • Patagonia
  • Rabobank
  • Starbucks
We can vouch for several of the companies above as they are well-regarded in CSR circles.  Full List (by Industry) is below:

2013 World's Most Ethical Companies

Aerospace & Defense

Rockwell Collins USA
The Aerospace Corporation USA

Agriculture

Ethical Fruit Company Ltd UK

Apparel

Gap Inc USA
H & M Hennes & Mauritz AB Sweden

Automotive

Cummins Inc. USA
Delphi USA
Ford Motor Company USA
Johnson Controls, Inc. USA

Banking

National Australia Bank Australia
Old National Bank USA
Westpac Banking Corporation Australia

Business Services

Accenture Ireland
Capgemini France
Dun & Bradstreet USA
Paychex, Inc. USA
Salesforce.com USA
William E. Connor & Associates Ltd. Hong Kong

Chemicals

Ecolab USA
H.B. Fuller USA
The Mosaic Company USA
The Sherwin-Williams Company USA

Computer Hardware

Hitachi Data Systems USA
Intel Corporation USA

Computer Software

Adobe System Incorporated USA
Microsoft Corporation USA
Symantec Corporation USA
Teradata Corporation USA
Wipro Ltd India

Construction

CRH plc Ireland
Granite Construction Inc. USA

Consumer Electronics

Ricoh Japan
Texas Instruments USA
Xerox Corporation USA

Consumer Products

Colgate-Palmolive Company USA
Hasbro USA
Henkel AG Germany
Kao Corporation Japan
Kimberly-Clark Corporation USA
Mattel USA
SCA Sweden
illycaffe Italy

Diversified Industries

General Electric Company USA

E-commerce

eBay USA

Electronics

Applied Materials USA
Premier Farnell plc UK
Rockwell Automation USA
Schneider Electric France

Energy And Utilites: Natural Gas

Encana Corporation Canada
NiSource Inc USA
Sempra Energy USA
Spectra Energy Corp USA

Energy And Utilities: Electric

ABB Asea Brown Boveri Ltd Switzerland
EDP Energias de Portugal Portugal
ENMAX Corporation Canada
National Grid UK / USA
NextEra Energy USA

Energy And Utlities: Water

Northumbrian Water Group UK

Energy: Oil

Alyeska Pipeline Service Company USA

Engineering And Design

AECOM USA
CH2M Hill USA
Fluor Corporation USA
Parsons Corporation USA

Environmental Services

The Nature Conservancy USA
Waste Management USA

Financial Services

American Express USA
NYSE Euronext Netherlands / USA
TSYS USA
Thrivent Financial for Lutherans USA
Visa Inc. USA

Food And Beverage

All Good Organics New Zealand
Kellogg Company USA
PepsiCo USA

Food Service

ARAMARK USA

Forestry, Paper And Packaging

International Paper USA
Stora Enso Finland
Weyerhauser Company USA

Health And Beauty

L'OREAL France
Natura Cosmeticos Brazil
Shiseido Company, Limited Japan

Healthcare Services

Baptist Health South Florida USA
Cleveland Clinic USA
Hospital Corporation of America USA
Novation USA
Premier, Inc. USA
Sharp HealthCare USA

Industrial Manufacturing

Atlas Copco AB Sweden
Deere & Company USA
Eaton Corporation USA
Honeywell International Inc. USA
Kennametal Inc. USA
Milliken & Company USA
The Timken Company USA

Insurance: Brokerage

Arthur J. Gallagher & Co. USA

Insurance: Health

Aflac Inc. USA
Blue Cross Blue Shield of North Carolina USA
Blue Shield of California USA
CareFirst BlueCross BlueShield USA
Wisconsin Physicians Service Insurance Corporation USA

Insurance: Property And Casualty

CUNA Mutual Group USA
Sompo Japan Insurance Inc. Japan
The Progressive Group of Insurance Companies USA

Insurance: Reinsurance

Swiss Re Switzerland

Leisure And Hospitality

Holland America Line USA
Marriott International, Inc. USA
Seabourn USA
The Rezidor Hotel Group Germany

Media

Thomson Reuters UK / USA
Time Warner Inc USA

Medical Devices

Becton Dickinson USA
Coloplast A/S Denmark
Henry Schein USA

Metals And Mining

Alcoa USA
Tata Steel Ltd India

Professional, Scientific And Technical Services

Concurrent Technologies Corporation USA
Gemological Institute of America (GIA) USA
Noblis USA

Real Estate

Jones Lang LaSalle Inc USA
Realogy Corporation USA
Unibail-Rodamco France

Restaurants And Cafes

Starbucks Coffee Company USA

Retail: Food Stores

SONAE Portugal
Safeway Inc. USA
The Co-operative Group USA
Whole Foods Market, Inc. USA

Retail: General

Marks and Spencer USA
Target USA

Retail: Specialty

OfficeMax USA
Petco Animal Supplies USA
Ten Thousand Villages USA

Staffing Services

ManpowerGroup USA
Robert Half International USA

Telecommunications Equipment

Cisco Systems USA
Juniper Networks USA

Telecommunications Services

Portugal Telecom Portugal
SingTel Singapore
T-Mobile USA USA

Transportation And Logistics

Autoridad del Canal de Panama Panama
Nippon Yusen Kaisha Japan
UPS USA
- See more at: http://ethisphere.com/worlds-most-ethical/wme-honorees/#sthash.cIl5fcq2.dpuf

2013 World's Most Ethical Companies

Aerospace & Defense

Rockwell Collins USA
The Aerospace Corporation USA

Agriculture

Ethical Fruit Company Ltd UK

Apparel

Gap Inc USA
H & M Hennes & Mauritz AB Sweden

Automotive

Cummins Inc. USA
Delphi USA
Ford Motor Company USA
Johnson Controls, Inc. USA

Banking

National Australia Bank Australia
Old National Bank USA
Westpac Banking Corporation Australia

Business Services

Accenture Ireland
Capgemini France
Dun & Bradstreet USA
Paychex, Inc. USA
Salesforce.com USA
William E. Connor & Associates Ltd. Hong Kong

Chemicals

Ecolab USA
H.B. Fuller USA
The Mosaic Company USA
The Sherwin-Williams Company USA

Computer Hardware

Hitachi Data Systems USA
Intel Corporation USA

Computer Software

Adobe System Incorporated USA
Microsoft Corporation USA
Symantec Corporation USA
Teradata Corporation USA
Wipro Ltd India

Construction

CRH plc Ireland
Granite Construction Inc. USA

Consumer Electronics

Ricoh Japan
Texas Instruments USA
Xerox Corporation USA

Consumer Products

Colgate-Palmolive Company USA
Hasbro USA
Henkel AG Germany
Kao Corporation Japan
Kimberly-Clark Corporation USA
Mattel USA
SCA Sweden
illycaffe Italy

Diversified Industries

General Electric Company USA

E-commerce

eBay USA

Electronics

Applied Materials USA
Premier Farnell plc UK
Rockwell Automation USA
Schneider Electric France

Energy And Utilites: Natural Gas

Encana Corporation Canada
NiSource Inc USA
Sempra Energy USA
Spectra Energy Corp USA

Energy And Utilities: Electric

ABB Asea Brown Boveri Ltd Switzerland
EDP Energias de Portugal Portugal
ENMAX Corporation Canada
National Grid UK / USA
NextEra Energy USA

Energy And Utlities: Water

Northumbrian Water Group UK

Energy: Oil

Alyeska Pipeline Service Company USA

Engineering And Design

AECOM USA
CH2M Hill USA
Fluor Corporation USA
Parsons Corporation USA

Environmental Services

The Nature Conservancy USA
Waste Management USA

Financial Services

American Express USA
NYSE Euronext Netherlands / USA
TSYS USA
Thrivent Financial for Lutherans USA
Visa Inc. USA

Food And Beverage

All Good Organics New Zealand
Kellogg Company USA
PepsiCo USA

Food Service

ARAMARK USA

Forestry, Paper And Packaging

International Paper USA
Stora Enso Finland
Weyerhauser Company USA

Health And Beauty

L'OREAL France
Natura Cosmeticos Brazil
Shiseido Company, Limited Japan

Healthcare Services

Baptist Health South Florida USA
Cleveland Clinic USA
Hospital Corporation of America USA
Novation USA
Premier, Inc. USA
Sharp HealthCare USA

Industrial Manufacturing

Atlas Copco AB Sweden
Deere & Company USA
Eaton Corporation USA
Honeywell International Inc. USA
Kennametal Inc. USA
Milliken & Company USA
The Timken Company USA

Insurance: Brokerage

Arthur J. Gallagher & Co. USA

Insurance: Health

Aflac Inc. USA
Blue Cross Blue Shield of North Carolina USA
Blue Shield of California USA
CareFirst BlueCross BlueShield USA
Wisconsin Physicians Service Insurance Corporation USA

Insurance: Property And Casualty

CUNA Mutual Group USA
Sompo Japan Insurance Inc. Japan
The Progressive Group of Insurance Companies USA

Insurance: Reinsurance

Swiss Re Switzerland

Leisure And Hospitality

Holland America Line USA
Marriott International, Inc. USA
Seabourn USA
The Rezidor Hotel Group Germany

Media

Thomson Reuters UK / USA
Time Warner Inc USA

Medical Devices

Becton Dickinson USA
Coloplast A/S Denmark
Henry Schein USA

Metals And Mining

Alcoa USA
Tata Steel Ltd India

Professional, Scientific And Technical Services

Concurrent Technologies Corporation USA
Gemological Institute of America (GIA) USA
Noblis USA

Real Estate

Jones Lang LaSalle Inc USA
Realogy Corporation USA
Unibail-Rodamco France

Restaurants And Cafes

Starbucks Coffee Company USA

Retail: Food Stores

SONAE Portugal
Safeway Inc. USA
The Co-operative Group USA
Whole Foods Market, Inc. USA

Retail: General

Marks and Spencer USA
Target USA

Retail: Specialty

OfficeMax USA
Petco Animal Supplies USA
Ten Thousand Villages USA

Staffing Services

ManpowerGroup USA
Robert Half International USA

Telecommunications Equipment

Cisco Systems USA
Juniper Networks USA

Telecommunications Services

Portugal Telecom Portugal
SingTel Singapore
T-Mobile USA USA

Transportation And Logistics

Autoridad del Canal de Panama Panama
Nippon Yusen Kaisha Japan
UPS USA
- See more at: http://ethisphere.com/worlds-most-ethical/wme-honorees/#sthash.cIl5fcq2.dpuf
23 companies have made the list all six years including: Aflac, American Express, Fluor, General Electric, Milliken & Company, Patagonia, Rabobank and Starbucks, among others. - See more at: http://ethisphere.com/worlds-most-ethical/wme-honorees/#sthash.qkFP2mzV.dpuf
23 companies have made the list all six years including: Aflac, American Express, Fluor, General Electric, Milliken & Company, Patagonia, Rabobank and Starbucks, among others. - See more at: http://ethisphere.com/worlds-most-ethical/wme-honorees/#sthash.qkFP2mzV.dpuf

Aerospace & Defense
Rockwell Collins  USA The Aerospace Corporation  USA
Agriculture
Ethical Fruit Company Ltd  UK
Apparel
Gap Inc  USA H & M Hennes & Mauritz AB  Sweden
Automotive
Cummins Inc.  USA Delphi  USA Ford Motor Company  USA Johnson Controls, Inc.  USA
Banking
National Australia Bank  Australia Old National Bank  USA Westpac Banking Corporation  Australia
Business Services
Accenture  Ireland Capgemini  France Dun & Bradstreet  USA Paychex, Inc.  USA Salesforce.com  USA William E. Connor & Associates Ltd.  Hong Kong
Chemicals
Ecolab  USA H.B. Fuller  USA The Mosaic Company  USA The Sherwin-Williams Company  USA
Computer Hardware
Hitachi Data Systems  USA Intel Corporation  USA
Computer Software
Adobe System Incorporated  USA Microsoft Corporation  USA Symantec Corporation  USA Teradata Corporation  USA Wipro Ltd  India
Construction
CRH plc  Ireland Granite Construction Inc.  USA
Consumer Electronics
Ricoh  Japan Texas Instruments  USA Xerox Corporation  USA
Consumer Products
Colgate-Palmolive Company  USA Hasbro  USA Henkel AG  Germany Kao Corporation  Japan Kimberly-Clark Corporation  USA Mattel  USA SCA  Sweden illycaffe  Italy
Diversified Industries
General Electric Company  USA
E-commerce
eBay  USA
Electronics
Applied Materials  USA Premier Farnell plc  UK Rockwell Automation  USA Schneider Electric  France
Energy And Utilites: Natural Gas
Encana Corporation  Canada NiSource Inc  USA Sempra Energy  USA Spectra Energy Corp  USA
Energy And Utilities: Electric
ABB Asea Brown Boveri Ltd  Switzerland EDP Energias de Portugal  Portugal ENMAX Corporation  Canada National Grid   UK / USA NextEra Energy  USA
Energy And Utlities: Water
Northumbrian Water Group  UK
Energy: Oil
Alyeska Pipeline Service Company  USA
Engineering And Design
AECOM  USA CH2M Hill  USA Fluor Corporation  USA Parsons Corporation  USA
Environmental Services
The Nature Conservancy  USA Waste Management  USA
Financial Services
American Express  USA NYSE Euronext   Netherlands / USA TSYS  USA Thrivent Financial for Lutherans  USA Visa Inc.  USA
Food And Beverage
All Good Organics  New Zealand Kellogg Company  USA PepsiCo  USA
Food Service
ARAMARK  USA
Forestry, Paper And Packaging
International Paper  USA Stora Enso  Finland Weyerhauser Company  USA
Health And Beauty
L'OREAL  France Natura Cosmeticos  Brazil Shiseido Company, Limited  Japan
Healthcare Services
Baptist Health South Florida  USA Cleveland Clinic  USA Hospital Corporation of America  USA Novation  USA Premier, Inc.  USA Sharp HealthCare  USA
Industrial Manufacturing
Atlas Copco AB  Sweden Deere & Company  USA Eaton Corporation  USA Honeywell International Inc.  USA Kennametal Inc.  USA Milliken & Company  USA The Timken Company  USA
Insurance: Brokerage
Arthur J. Gallagher & Co.  USA
Insurance: Health
Aflac Inc.  USA Blue Cross Blue Shield of North Carolina  USA Blue Shield of California  USA CareFirst BlueCross BlueShield  USA Wisconsin Physicians Service Insurance Corporation  USA
Insurance: Property And Casualty
CUNA Mutual Group  USA Sompo Japan Insurance Inc.  Japan The Progressive Group of Insurance Companies  USA
Insurance: Reinsurance
Swiss Re  Switzerland
Leisure And Hospitality
Holland America Line  USA Marriott International, Inc.  USA Seabourn  USA The Rezidor Hotel Group  Germany
Media
Thomson Reuters   UK / USA Time Warner Inc  USA
Medical Devices
Becton Dickinson  USA Coloplast A/S  Denmark Henry Schein  USA
Metals And Mining
Alcoa  USA Tata Steel Ltd  India
Professional, Scientific And Technical Services
Concurrent Technologies Corporation  USA Gemological Institute of America (GIA)  USA Noblis  USA
Real Estate
Jones Lang LaSalle Inc  USA Realogy Corporation  USA Unibail-Rodamco  France
Restaurants And Cafes
Starbucks Coffee Company  USA
Retail: Food Stores
SONAE  Portugal Safeway Inc.  USA The Co-operative Group  USA Whole Foods Market, Inc.  USA
Retail: General
Marks and Spencer  USA Target  USA
Retail: Specialty
OfficeMax  USA Petco Animal Supplies  USA Ten Thousand Villages  USA
Staffing Services
ManpowerGroup  USA Robert Half International  USA
Telecommunications Equipment
Cisco Systems  USA Juniper Networks  USA
Telecommunications Services
Portugal Telecom  Portugal SingTel  Singapore T-Mobile USA  USA
Transportation And Logistics
Autoridad del Canal de Panama  Panama Nippon Yusen Kaisha  Japan UPS  USA -  
Ethisphere originally began in 2007 as an online industry e-newsletter published by corporate compliance and ethics training and consulting firm, Corpedia - See more at: http://ethisphere.com/about/history/#sthash.N5WGoylI.dpuf
Ethisphere originally began in 2007 as an online industry e-newsletter published by corporate compliance and ethics training and consulting firm, Corpedia - See more at: http://ethisphere.com/about/history/#sthash.N5WGoylI.dpuf
Ethisphere originally began in 2007 as an online industry e-newsletter published by corporate compliance and ethics training and consulting firm, Corpedia - See more at: http://ethisphere.com/about/history/#sthash.N5WGoylI.dpuf
Ethisphere originally began in 2007 as an online industry e-newsletter published by corporate compliance and ethics training and consulting firm, Corpedia - See more at: http://ethisphere.com/about/history/#sthash.N5WGoylI.dpuf
Ethisphere originally began in 2007 as an online industry e-newsletter published by corporate compliance and ethics training and consulting firm, Corpedia - See more at: http://ethisphere.com/about/history/#sthash.N5WGoylI.dpuf

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