Month: August 2021

JLL demonstrates a strong commitment to ethical business through its robust ethics and compliance program, and corporate citizenship

Scottsdale, AZ – August 24, 2021 – Ethisphere, a global leader in defining and advancing the standards of ethical business practices, announced today that JLL has earned Ethics Inside® Certification for 2021 and 2022. JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management.

“We are honored that JLL has once again received Ethics Inside Certification, which is testament to how our people live and breathe our ethical values and put them into practice every day. Our commitment to building a strong, ethical culture and doing business with integrity has always been a key priority at JLL. Our core values of teamwork, ethics and excellence underpin the way we conduct our business – and create real value for our stakeholders. We maintain our commitment to ethics through our Ethics Everywhere program, which establishes the operating framework to enhance our ethical culture and maintain compliance with our Code,” said Claire Handley, Chief Ethics & Compliance Officer. “Receiving Ethics Inside® Certification validates our program’s structure and effectiveness and demonstrates to our clients, employees and the global business community our commitment to good governance and ethics.”

“JLL impressed our team with its commitment to ongoing improvement of the company’s ethics and compliance program,” said Jodie Fredericksen, J.D., Senior Compliance Counsel of Ethisphere. “Their team continues to innovate with program elements including development of a mobile app offering guidance on common legal, ethical, and compliance-related issues; and expansion of their Ethics Liaison program to now include certification.”

The Ethics Inside Certification involves a comprehensive review and evaluation of existing corporate governance systems and practices; ethics and compliance program and practices; corporate citizenship and responsibility initiatives; and leadership, reputation, and legal history. As part of the process, the company pursuing certification is benchmarked against best practices, established standards and Ethisphere’s data set highlighting the programs and practices of the World’s Most Ethical Companies, including industry peer companies. Ethisphere analysts also review supporting documentation and conduct interviews with key leaders across the organization.

At the conclusion of the review, the team determines if the aggregate maturity of the company’s practices meets or exceeds a level at which ethical behavior becomes the core expectation, fundamental compliance systems are in place, tone from the top is clear and the company’s actions bear unmistakable signs of good corporate citizenship.

 

About Ethisphere 

Ethisphere^® 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 Ethisphere Magazine. Ethisphere also helps to advance business performance through data-driven assessments, benchmarking, and guidance. More information about Ethisphere can be found at https://ethisphere.com. Follow us on Twitter @Ethisphere

About JLL

JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management. JLL shapes the future of real estate for a better world by using the most advanced technology to create rewarding opportunities, amazing spaces and sustainable real estate solutions for our clients, our people, and our communities. JLL is a Fortune 500 company with annual revenue of $16.6 billion in 2020, operations in over 80 countries and a global workforce of more than 92,000 as of June 30, 2021. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.

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Media Contact
Anne Walker
[email protected]

Global Ethics and Compliance Community Grows to 340 Members Including Avery Dennison, Balfour Beatty US, Lenovo Group, Liberty Latin America, YETI Coolers and others

Phoenix, AZ, August 17, 2021 – Ethisphere, a global leader in defining and advancing standards of ethical business practices, announces today that top companies representing a range of industries—technology, insurance, pharmaceuticals, telecoms, engineering and consumer goods, among others—have joined the Business Ethics Leadership Alliance (BELA), a global community of governance, ethics and compliance leaders collaborating on best practices.

As BELA members, these organizations can tap resources including a newly launched working group research report: Data Privacy and Privacy Assessment Essentials Guide in partnership with the BELA Compliance and Privacy Working Group with contributors from ADM, Dell, Eaton, FedEx, Panasonic Corporation of North America, Royal Caribbean, and Teradata. Ethisphere has also released sessions from the recent virtual Environmental, Social and Governance (ESG) Forum which offered emerging insights on issues including board engagement, cross-functional strategy, due diligence and third-party evaluation, telling the ESG story, and more. This inaugural assembly featured BELA companies Parsons, KKR, 3M, Fifth Third Bank, Milliken, Linde, and others.

The significance of topics such as equity, ESG and ethical culture to corporate strategy has broadened the role and importance of ethics, compliance, and governance. BELA brings together leaders to collaborate and share best practices so that all can succeed in this increasingly complex business environment. Companies joining BELA include:

• Amica Insurance
• Avery Dennison
• Balfour Beatty US
• CDM Smith
• Glenmark Pharmaceuticals Limited
• Ingevity
• JELD-WEN, Inc.
• Lam Research
• Lenovo Group Limited
• Liberty Latin America
• Pioneer Natural Resources
• R1 RCM Inc.
• Scottish Power
• TriNet
• YETI Coolers

“Ethisphere has always been committed to ‘championing the champions’ of ethics and compliance. The BELA community brings together these leaders in a way that not only showcases their vital and impressive work, but also connects these thought leaders to one another so that all can benefit,” said Kevin McCormack, Senior Vice President, and Executive Director, BELA. “We are delighted to welcome these new members to the BELA community and look forward to their contributions to advancing business integrity.”

“The projects in our industry are remarkably complex, especially as we consider the array of multinational considerations which continually raise the bar for compliance leaders,” said Beth Colling, Senior Vice President and Chief Compliance Officer for CDM Smith. “The access to the resources, data, and shared expertise within the BELA community has real substance and purpose that can enable us all to be better business partners and innovators no matter the complexity of work. The representation within BELA, not just in engineering and construction but also companies that span numerous industries, tells us that we have just as much support as we have to contribute around compliance, risk management, and governance. We are excited to build our partnership with this community.”

“The last 18 months has taught us that the global business community has a responsibility to come together, with integrity and compassion, particularly during a crisis. As COVID-19 and its variants continue to take a toll on our communities, it is essential that we as business leaders endeavor to provide solutions that will get our world back on track in what will undoubtedly be a new environment,” said Suprio Dasgupta, President & Global Head – Legal, Compliance, IP and Corporate Affairs, Glenmark Pharmaceuticals. “We are pleased to join the ranks of the BELA community, which provides a conduit to share ideas and advance key initiatives that will have a lasting impact on our world moving forward. Glenmark Pharmaceuticals is proud to engage with this community and we look forward to making a difference, not only in the healthcare field, but throughout the overall business ecosystem.”

“As ethics and compliance leaders, we are forging a new path for issues where guidelines are still evolving, such as ESG. BELA provides expertise and examples of how organizations across industries are approaching these consequential topics. We look forward to collaborating with peer companies to define a successful way forward,” stated Bill Brierly, Vice President and Head of Compliance and Ethics at Liberty Latin America, a leading telecommunications company across Latin America and the Caribbean.

BELA member organizations, inclusive of academic institutions, represent more than 60 industries headquartered in 15 different countries. It has become a pivotal platform of connected leadership dedicated to progressing company standards and practices across global and regional business ecosystems.

Through an inherent global desire to advance integrity and improve business performance, in 2017 BELA expanded to South Asia. The South Asia Chapter includes a community of select Founding Member companies and “integrity partners” who have taken on a leadership role in inspiring best practices in ethics, integrity, and anti-corruption efforts across India and South Asia. Applying a similar model, BELA’s new chapter expansion has reached the Americas, Europe, and Asia Pacific.

BELA Member Benefits—Request Guest Access

BELA members receive enterprise-wide access to the BELA Member Hub—a premier repository of key resources featuring examples of work, presentations and research provided by BELA companies, exclusive data from Ethisphere’s unparalleled data set, and expert reports, event sessions and other insights. To enable executive decision-making and resource calibration, members also have the opportunity to measure their own programs through data-driven benchmarking as an independent evaluation of ethics and compliance programs and analysis of best practices relative to other leading companies’ programs. To request guest access to the BELA Member Hub, click here.

About BELA

Founded by Ethisphere, the Business Ethics Leadership Alliance (BELA) is a globally recognized organization of leading companies collaborating together to share best practices in governance, risk management, compliance, and ethics. BELA’s membership has since grown to a global community of companies that recognize the inherent value of promoting ethical leadership and a world-class compliance culture. Learn more about BELA by visiting http://bela.ethisphere.com.

 About Ethisphere 

Ethisphere® 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 Ethisphere Magazine. Ethisphere also helps to advance business performance through data-driven assessments, benchmarking, and guidance. More information about Ethisphere can be found at https://ethisphere.com

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Media Contact

​Anne Walker
​[email protected]
@Ethisphere​​

Companies can now enter this annual recognition to showcase their commitment to conducting business with integrity, and highlight positive impacts to communities and stakeholders

Phoenix, AZ – August 10, 2021 – Ethisphere, a global leader in defining and advancing the standards of ethical business practices, today announces a call for applications for the 2022 World’s Most Ethical Companies recognition. Companies can start the process by visiting WorldsMostEthicalCompanies.com.

In its 16^th year, this annual World’s Most Ethical Companies designation honors organizations with exceptional ethics, compliance and governance practices as determined through a rigorous evaluation, including a 200-point Ethics Quotient® (EQ) questionnaire, review of supporting documentation, and analysis of reputation, leadership and other factors.

“The best leaders understand that doing business with purpose, values, and a strong ethical foundation not only helps to attract top talent and win customers, it’s also good business. Our data confirms it—the World’s Most Ethical Companies continue to outperform financially over the long term,” said Ethisphere CEO Tim Erblich. “Expectations have never been higher for companies to demonstrate the impact they are making to stakeholders and broader society. The World’s Most Ethical Companies are leading the way with innovative programs and approaches to addressing top social, environmental, and governance issues.”

Companies considering participating in this year’s application process are invited to register for the upcoming instructive webcast “Guide to Applying: 2022 World’s Most Ethical Companies” on Thursday August 12th, from 12 to 1 p.m. EDT by visiting https://ethisphere.com/event/guide-to-applying-in-2022/

The evaluation methodology covers five weighted categories including governance, leadership and reputation, ethics and compliance program, ethical culture, trust, and environmental and social impact.

The EQ questionnaire is jointly developed, and annually updated, by Ethisphere’s multi-disciplinary team and a Methodology Advisory Panel bringing expertise of law, corporate reputation, business ethics, equity, inclusion and social impact, compliance, governance, and anti-corruption.

“Companies operating globally have the opportunity, and responsibility, to take a leadership role when it comes to governance, transparency and social impact,” stated Michael J. Hershman, President and CEO of The Fairfax Group, co-founder of Transparency International, and member of Ethisphere’s Methodology Advisory Panel. “Benchmarking against leading practices provides a path for companies to continue to raise the bar, become higher performing, and contribute toward making the world more just, fair, and prosperous for all.”

Every World’s Most Ethical Companies applicant receives a scorecard which outlines their evaluation scores as they compare to honorees, along with exclusive data insights and links to valuable resources to help improve programs.

Applicants who are not members of Ethisphere’s Business Ethics Leadership Alliance (BELA)­­—an organization of top companies collaborating on best practices for ethics, compliance, and governance—will receive a three-month associate-level membership, including access to the member hub featuring company-contributed materials, and exclusive research, masterclasses, reports and more.

BELA member applicants also receive a scorecard and more in-depth benchmarking that provides further insights and guidance. Applicants with exceptional program elements may also be selected to be featured in Ethisphere Magazine, the BELA member hub, and on other Ethisphere platforms.

The deadline to submit the completed assessment and supporting documentation is Friday, November 12, 2021, at 11:59 p.m. EST.

In 2021, 135 honorees were recognized, representing 22 countries and 47 industries. The full list of the 2021 World’s Most Ethical Companies honorees can be viewed at https://www.worldsmostethicalcompanies.com/honorees/

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About Ethisphere 

Ethisphere® 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 Ethisphere Magazine. Ethisphere also helps to advance business performance through data-driven assessments, benchmarking, and guidance. More information about Ethisphere can be found at https://ethisphere.com.

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Media Contact
​Anne Walker
​[email protected]
@Ethisphere​​

Research will explore the impact of a strong commitment to business integrity on small and medium-sized enterprise performance and resiliency through the pandemic.

Phoenix, AZ – August 3, 2021 – Ethisphere, a global leader in defining and advancing the standards of ethical business practices, today announced a new effort with APEC focused on measuring the positive impact of ethical business practices on small- and medium-sized enterprises (SMEs) in the Asia-Pacific region.

The research, which will focus on the region’s health-related industries, will analyze how integrity programs have contributed to business resiliency throughout the COVID-19 pandemic. The Royal Holloway University of London will also partner with Ethisphere on the project, providing insight into the research methodologies related to ethical business practices. The study is part of the Business Ethics for APEC SMEs Initiative, which is led by the U.S. Department of Commerce in the APEC SME Working Group. The results will be presented at this year’s APEC Business Ethics for SMEs Forum.

The research will begin in August 2021 with a survey and interviews to assess the maturity of ethics and compliance activities of SMEs across the health sector, including biopharmaceutical and medical technology enterprises. The research will include an analysis of how integrity programs impact the quality of care that patients receive, as well as the impact on a range of economic and business indicators, including financial performance, employee turnover, new client development, new market expansion, and other related themes.

The impact assessment is supported by APEC with a matching grant from the International Federation of Pharmaceutical Manufacturers and Associations (IFPMA) which serves as Industry Co-Chair of the Business Ethics for APEC SMEs Initiative. APEC is a regional economic forum of 21 member economies that aims to create greater prosperity for the people in the region by promoting balanced, sustainable, and inclusive growth and by accelerating regional economic integration. APEC helps SMEs build their capacity to engage in international trade and fosters the advancement of ethical business practices.

“Governments and industries that uphold high business standards are best positioned to foster innovation, attract investment, and help startups and small businesses build a competitive edge in the fast-growing Asia-Pacific region,” said Diane Farrell, Acting Under Secretary for International Trade at the U.S. Department of Commerce. “We anticipate this timely research will help companies better understand the value of ethical practices for patients and for profit margins.”

Rady Johnson, Executive Vice President, Chief Compliance, Quality & Risk Office at Pfizer, serves as the Chairperson of the Ethics and Business Integrity Committee of IFPMA. He said, “An important component of the IFPMA mission is to help enhance the ethical standards, expectations and practices of businesses that serve the pharmaceutical and health-related sectors around the globe. We are excited to support this important study. This analysis provides an opportunity to further reinforce with our value chain partners why doing business with integrity is both an expected practice and is also beneficial to the long-term health of their business.”

“Ethisphere has a long history of reporting on the correlation between strong ethics, compliance and integrity programs and long-term financial performance. We call it the Ethics Premium,” said Jonathan Whitacre, Executive Vice President at Ethisphere. “We are very excited about this APEC project as it is the first broad-based assessment focused on the integrity programs of small- and medium-sized businesses. The study will help these companies understand where to best focus their ethics and compliance program activities in order to drive their companies forward. The research will inform larger companies about how to minimize risk exposure with value chain partners and provide insights to better understand which integrity program actions will help their value chain partners most.”

To learn more about the project, visit https://ethisphere.com/apec-impact-assessment

About Ethisphere 

Ethisphere^® 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 Ethisphere Magazine. Ethisphere also helps to advance business performance through data-driven assessments, benchmarking, and guidance. More information about Ethisphere can be found at https://ethisphere.com.

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Media Contact:

Anne Walker

[email protected]