“Novozymes has proven to be one of the world leaders in upholding high ethical standards, making it a true standout in its industry, especially as unethical business actions and decisions grab headlines each day,” says Alex Brigham, Executive Director of the Ethisphere Institute.
The extensive research process included reviewing over more than 10,000 of the world’s leading companies on six continents. Across 35 industries, 99 companies have demonstrated the sustained and real leadership necessary to earn this distinction. The companies are analyzed over a six-month period.
“We are much honored to be named on the World’s Most Ethical Companies list. In Novozymes, we take our social and environmental responsibilities very seriously, and we see a clear link between high ethical standards and financial success,” says Thomas Nagy, Executive Vice President for Stakeholder Relations in Novozymes.
Being ethical is good business practice
Ethisphere emphasizes that The World’s Most Ethical Companies are the businesses that respond not with a PR campaign, but with real action, such as complete transparency for the public and significant effort given to fixing the core problem, and work on reducing their carbon footprint.
“The competition for this year’s World’s Most Ethical Companies was very strong, and we applaud Novozymes for rising to the top. Novozymes recognizes that being ethical is not only the right thing to do, it is also good business practice and leads to more successful and profitable operations,” explains Alex Brigham.
The 2009 World’s Most Ethical Companies methodology committee, comprised of leading attorneys, government officials, professors, and organization leaders, reviewed codes of ethics, litigation and regulatory infraction histories; evaluated investment in innovation and sustainable business practices; looked at companies’ activities to improve corporate citizenship; and studied nominations from senior executives and industry peers
Among the most ethical companies on the list are also Dell, T-Mobile, American Express, and NIKE.
About Ethisphere Institute
The research-based Ethisphere Institute is a leading international think-tank dedicated to the creation, advancement and sharing of best practices in business ethics, corporate social responsibility, anti-corruption and sustainability. The Institute’s associated membership group, the Ethisphere Council, is a forum for business ethics that includes over 200 leading corporations, universities and institutions. The Ethisphere Council is dedicated to the development and advancement of individuals on its membership council through increased efficiency, innovation, tools, mentoring, advice, and unique career opportunities. Ethisphere Magazine, which publishes the globally recognized World’s Most Ethical Companies Ranking™, is the quarterly publication of the Institute.