Republic Services Inc., Phoenix, has announced that the it was named to the elite 2017 World's Most Ethical Companies List by the Ethisphere Institute, a global leader in defining and advancing the standards of ethical business practices.
"Republic is honored to be recognized as one of the World's Most Ethical Companies," says Don Slager, president and CEO. "We are committed to conducting our business according to the highest level of integrity, and fostering a strong ethical culture is not only the right thing to do, it's the Republic way."
The full list of 124 firms available here also includes environmental services firm Waste Management, Houston.
This is the 11th year that Ethisphere has acknowledged companies operating with the highest ethical standards. These honorees recognize their role in society to influence and drive positive change, consider the impact of their actions on their employees, investors, customers and other key stakeholders and use their values and culture as an underpinning to the decisions they make every day.
"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 Timothy Erblich, Ethisphere's CEO. "We have also seen how companies honored 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. Congratulations to everyone at Republic for being recognized as a World's Most Ethical Company."
The World's Most Ethical Company assessment is based upon the Ethisphere Institute's Ethics Quotient (EQ) framework which offers a quantitative way to assess a company'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.
Scores are generated in five key categories: ethics and compliance program; corporate citizenship and responsibility; culture of ethics; governance; and leadership, innovation and reputation.
Republic says it has been steadily building on its industry-leading sustainability platform, as demonstrated by its Climate A List rankings in the CDP 2016 Global Climate Change Report and the CDP Supplier Climate A List, as well as its inclusion on both the Dow Jones Sustainability – North America and World – Indices. Republic was also awarded the "Industry Mover" sustainability award in the Commercial Services and Supplies Industry by RobecoSAM in 2017.