TMCnet News
Whirlpool Corporation Named One Of The 2018 World's Most Ethical Companies® By The Ethisphere InstituteBENTON HARBOR, Mich., Feb. 20, 2018 /PRNewswire/ -- Whirlpool Corporation, the world's leading major home appliance company, is recognized by the Ethisphere Institute, a global leader in defining and advancing the standards of ethical business practices, as one of the 2018 World's Most Ethical Companies. Whirlpool Corporation has been recognized twice and is the only honoree in the appliances industry, underscoring its commitment to leading with integrity and prioritizing ethical business practices. "We are proud of this recognition," said Marc Bitzer, Whirlpool Corporation CEO. "For over a century, Whirlpool Corporation has lived its values, honoring our mission to earn trust with all stakeholders. This acknowledgment of integrity reflects our commitment to doing business the right way, and we will continue that practice for decades to come." In 2018, 135 honorees were recognized, spanning 24 countries and 57 industries. The twelfth class of honorees had record levels of involvement with their stakeholders and their communities around the world. Measuring and improving culture, leading authentically and committing to transparency, diversity and inclusion were all priorities for honorees. "While the discourse around the world changed profoundly in 2017, a stronger voice emerged. Global corporations operating with a common rule of law are now society's strongest force to improve the human condition. This year we saw companies increasingly finding their voice. The World's Most Ethical Companies in particular continued to show exemplary leadership," explained Ethisphere CEO, Timothy Erblich. "I congratulate everyone at Whirlpool Corporation for being recognized as one of the World's Most Ethical Companies." Methodology & Scoring Scores are generated in five key categories: ethics and compliance program (35 percent), corporate citizenship and responsibility (20 percent), culture of ethics (20 percent), governance (15 percent) and leadership, innovation and reputation (10 percent). All companies that participate in the assessment process receive their scores, providing them with valuable insights into how they stack up against leading organizations. Ethics & Performance Honorees Best practices and insights from the 2018 honorees will be released in a report and webcast in March and April of this year. Sign up to receive the report. About Whirlpool Corporation About the Ethisphere Institute View original content with multimedia:http://www.prnewswire.com/news-releases/whirlpool-corporation-named-one-of-the-2018-worlds-most-ethical-companies-by-the-ethisphere-institute-300601266.html SOURCE Whirlpool Corporation |