Guide to Giving
MEDIA, JOBS & RESOURCES FOR THE COMMON GOOD
NEWS  | 

Westpac Makes Global Ethical Leadership List


Thursday, 19th June 2008 at 2:30 pm
Staff Reporter
Westpac Banking Group has emerged as the only Australian company to make it onto a global list of the World's Most Ethical Companies.

Thursday, 19th June 2008
at 2:30 pm
Staff Reporter


0 Comments


FREE SOCIAL
SECTOR NEWS

 Print
Westpac Makes Global Ethical Leadership List
Thursday, 19th June 2008 at 2:30 pm

Westpac Banking Group has emerged as the only Australian company to make it onto a global list of the World’s Most Ethical Companies.

The list is published by the Ethisphere Institute, a US think-tank set up to research and promote profitable best practices in governance, business ethics, compliance and corporate social responsibility.

Westpac appears on the second annual World’s Most Ethical Companies list.

Alex Brigham, executive director of Ethisphere Institute, says researchers and analysts reviewed several thousand companies throughout 2007.

He says there were numerous companies that were repeat winners from last year’s inaugural list, including Duke Energy, Deere & Co, General Electric, Google, and McDonald’s, while US companies General Mills, NYSE Euronext, Science Applications International Corporation (SAIC), and Premier, Inc. were among many newcomers.

He says the process was rigorous and the Institute is confident that the organisations included in the 2008 ranking are the standouts in their industries, forcing their competitors take a long, hard look at their own efforts-and shortcomings.

Brigham says these companies make a concerted effort to ensure ethical practices remain a top business priority.

The process included reviewing the companies’ codes of ethics, litigation and regulatory infraction histories; evaluating the investment in innovation and sustainable business practices; looking at activities designed to improve corporate citizenship; studying nominations from senior executives, industry peers, suppliers and customers; and working with consumer action groups for feedback.

Researchers further analyzed information provided by the companies themselves through questionnaires and conducted additional research for anything they might have missed.

The 2008 World’s Most Ethical Companies advisory panel included Ethisphere editors and researchers, as well as attorneys, government officials, professors and other leaders from their respective fields who care about ethical and honest business practices.

To see the complete list of the World’s Most Ethical Companies, visit www.ethisphere.com/WME2008

Alex Brigham says the World’s Most Ethical Companies use ethical leadership as a purposeful method to drive profits. Finally, each of these companies embodies the true spirit of Ethisphere’s credo: Good. Smart. Business. Profit.



AON

FEATURED SUPPLIERS


Yes we’re lawyers, but we do a lot more....

Moores

HLB Mann Judd is a specialist Accounting and Advisory firm t...

HLB Mann Judd

Brennan IT helps not-for-profit (NFP) organisations drive gr...

Brennan IT

NGO Recruitment is Australia’s not-for-profit sector recru...

NGO Recruitment

More Suppliers

Get more stories like this

FREE SOCIAL
SECTOR NEWS

YOU MAY ALSO LIKE

Youth Action Group Calls on Young Australians to Get Involved in Social Issues

Luke Michael

Monday, 25th September 2017 at 11:14 am

Raizing the Profile of Asthma

Wendy Williams

Monday, 25th September 2017 at 8:46 am

Susan Pascoe Appointed Head of Newly Formed Community Directors Council

Luke Michael

Friday, 22nd September 2017 at 5:21 pm

POPULAR

Moves to Stop Volunteering at Overseas Orphanages

Luke Michael

Wednesday, 13th September 2017 at 1:54 pm

Future Uncertain for Disability Organisations Following Funding Cuts

Wendy Williams

Tuesday, 19th September 2017 at 8:29 am

Majority of NFPs Are Not Believed to be Well-Run, According to New Survey

Luke Michael

Tuesday, 12th September 2017 at 4:14 pm

More Australians Are Giving Time Not Money

Wendy Williams

Monday, 11th September 2017 at 5:07 pm

Write a Reply or Comment

Your email address will not be published. Required fields are marked *


Guide to Giving
pba inverse logo
Subscribe Twitter Facebook

Get the social sector's most essential news coverage. Delivered free to your inbox every Tuesday and Thursday morning.

You have Successfully Subscribed!