Johnson Controls, announced today that it has been recognised by the Ethisphere Institute, an independent centre of research promoting best practices in corporate ethics and governance, as a 2014 World's Most Ethical Company.
This is the eighth time that Johnson Controls, a global multi-industrial company with established core businesses in the automotive, building, and energy storage industries, has been honoured with this award, which recognises organisations that continue to raise the bar on ethical leadership and corporate behaviour. World's Most Ethical Company honourees understand the correlation between ethics, reputation and daily interactions with their brand. Johnson Controls is one of only 17 companies to receive this award eight years consecutively.
"Johnson Controls is pleased to be named one of the world's most ethical companies. This recognition is a tribute to our 170,000 employees around the world, who embrace and demonstrate our values and high standards on integrity and ethics every day," says Jerry Okarma, vice president, secretary and general counsel for Johnson Controls.
"The entire community of World's Most Ethical Companies believe that customers, employees, investors and regulators place a high premium on trust and that ethics and good governance are key in earning it," says Ethisphere's Chief Executive Officer Timothy Erblich. "Johnson Controls joins an exclusive community committed to driving performance through leading business practices. We congratulate everyone at Johnson Controls for this extraordinary achievement."
The World's Most Ethical Company assessment is based upon the Ethisphere Institute's Ethics Quotient framework. The Ethics Quotient framework has been developed over years of effort to provide a means to assess an organisation's performance in an objective, consistent and standardised way. The information collected provides a comprehensive sampling of definitive criteria of core competencies, rather than all aspects of corporate governance, risk, sustainability, compliance and ethics. The Ethics Quotient framework and methodology was determined, vetted and refined by the expert advice and insights gleaned from Ethisphere's network of thought leaders and from the World's Most Ethical Company Methodology.