For eight years running, Ford Motor Company has been named to Ethisphere Institute’s list of the World’s Most Ethical Companies. This streak of recognition for corporate responsibility is the longest of any automotive manufacturer.
Ford demonstrates its commitment to ethics through programs aimed at monitoring human rights and safe working conditions, sourcing conflict-free minerals and encouraging sustainability through the company’s supply chain, like with the Partnership for a Cleaner Environment. Furthermore, the automaker also fosters long-term relationships with suppliers through active engagement by means of providing training and evaluations to ensure suppliers meet both legal requirements and Ford standards, as well as sharing best practices.
It is for this reason that Ford is continually revered as a value to society throughout its worldwide presence. For example, in addition to this award, Ford was named 2017 World’s Most Admired Company by Fortune, plus five third-party organizations bestowed honors upon the company last year for its focus on being a good corporate citizen.
“Strong ethics and corporate citizenship are the foundation of our business philosophy, which demonstrates to our customers what we stand for as a company,” said Ford Motor Company Executive Chairman, Bill Ford. “This honor is a reflection of Ford’s core values, and it shows that our employees are continuing to make the right decisions every day for all of our stakeholders.”
Each year since 2007, Ethisphere recognizes the world’s top companies for driving positive change by mandating ethical practices and promoting corporate citizenship as well as responsible governance and leadership. These companies also consider the impact of their actions on employees, investors, customers and other stakeholders, while ensuring their culture and values align with their everyday decisions. This year, there were 124 honorees spanning five continents, 19 countries and 52 industry sectors.
“Companies we’ve honored as World’s Most Ethical take a novel response to the shift in societal expectations, constant redefinition of laws and regulations and the geo-political climate,” said Ethisphere’s Chief Executive Officer, Timothy Erblich. “We’ve seen how Ford responds to these challenges, while still investing in communities where they reside and embracing ethical strategies across the globe, as a sustainable business advantage.”
For more information on Ethisphere Institute’s 2017 World’s Most Ethical Companies, visit .www.ethisphere.com/worlds-most-ethical/wme-honorees.
This article is presented by Olathe Ford Lincoln in Olathe, Kansas.