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Wipro, Tata Steel among 135 most ethical companies
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SME Times News Bureau | 13 Feb, 2018
IT services and outsourcing provider Wipro Limited and Tata Steel Ltd
are the two Indian firms that have been selected among 135 world's most
ethical companies for 2018 by the US-based think tank Ethisphere
Institute.
The 135 companies dedicated to "defining and advancing
the standards of ethical business practices" were selected from 23
countries across 57 industries, Ethisphere said in a statement late on
Monday.
Microsoft, Dell, Salesforce and Adobe are some of the global tech giants who figured in the 2018 list.
"Over
the last 12 years, we have repeatedly seen that those companies who
focus on transparency and authenticity are rewarded with the trust of
their employees, their customers and their investors," said Ethisphere
CEO Timothy Erblich.
"While negative headlines might grab
attention, the companies who support the rule of law and operate with
decency and fair play around the globe will always succeed in the long
term," Erblich added.
The listed ethical companies outperformed
the large cap sector over five years by 10.72 per cent and over three
years by 4.88 per cent.
"We are honoured to be listed among the
World's Most Ethical Companies for the fifth consecutive year," said
Michael Dell, Chairman and CEO of Dell Technologies.
"Ethics and
integrity matter at Dell. We work hard to earn our customers' trust,
improve our communities and inspire our team members through sound,
ethical decision-making," he added.
The institute will organise
an event in New York on March 13 to felicitate the companies where
PepsiCo Chairperson and CEO Indra Nooyi is expected to deliver the
keynote address.
"At Microsoft, trust and integrity are core to
our values and critical to our success. We're passionate about applying
the power of technology to improve our world, and that starts with doing
business in a way that builds and maintains trust with our customers,"
said Microsoft President Brad Smith.
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