Eaton listed as one of ‘World’s Most Ethical Companies’

For the second year in a row, Eaton has been listed as one of the ‘World’s Most Ethical Companies’ on the Ethisphere Institute’s annual list, revealed in June. The Ethisphere Institute is a research organisation dedicated to the research, creation, and sharing of best practices in ethics, compliance, and corporate governance.

The Ethisphere Institute’s researchers and analysts review several thousand companies every year to select the 100 finalists recognised on the list. In order to compile the list, several relevant ethical factors are reviewed, such as codes of ethics, evaluating investment in innovation and sustainable business practices, and company activities aimed at improving corporate citizenship; nominations from senior executives, industry peers, suppliers and customers are also taken into account.

“Eaton is among the companies honoured this year because they have developed impressive and meaningful ethical business practices, making them true standouts within their industries,” says Alexander Brigham, executive director of the Ethisphere Institute. “They go well beyond legal minimums, opting instead to bring about innovative ideas that contribute to the public well-being.”

Eaton has received widespread recognition for responsible business practices since its nomination on the World’s Most Ethical Companies list in autumn 2007. Eaton has been ranked first in its industry sector for “Best Corporate Citizens” by Corporate Responsibility Officer magazine. In addition, Eaton has received the “Most Committed Multi-National Award” from Foreign Investment in China magazine as well as being honoured by China WTO Tribute magazine for achievements in sustainable products.

Read more at: ethisphere.com/wme2008/.