In the fast-paced world of global business, it takes more than a written compliance policy to keep a company doing business the right way. That is why Ethisphere Institute, the global leader in defining and advancing the standards of ethical business practices, has named 3M as a 2015 World’s Most Ethical Company® for the second time. The designation recognises 3M’s impact on the way business is conducted through its efforts of fostering a culture of ethics and transparency at every level of the company.
“At 3M, living by our Code of Conduct is a team effort and a responsibility we uphold for our customers, for our shareholders and for each other,” said Jim Zappa, 3M’s chief compliance officer. “The commitment of our people to the highest ethical standard and to doing business the right way promotes trust with our customers and in the quality of our products. Furthermore, it gives us confidence to grow our business anywhere in the world.”
In particular, Ethisphere recognised 3M’s compliance and ethics program and how effectively it is applied throughout the entire multinational company, creating strong social responsibility and corporate citizenship.
“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,” said Ethisphere’s Chief Executive Officer Timothy Erblich. “Earning this recognition involves the collective action of a global workforce from the top down. We congratulate everyone at 3M for this extraordinary achievement.”
The full list of the 2015 World’s Most Ethical Companies can be found at http://ethisphere.com/worlds-most-ethical/wme-honorees
