The Ethisphere Institute has named Waste Management as a 2014 World’s Most Ethical Company for the seventh year in a row.
The institute promotes best practices in corporate ethics and governance, and the awards recognize organizations that continue to raise the bar on ethical leadership and corporate behavior.
World’s Most Ethical Company honorees understand the correlation between ethics, reputation and daily interactions with their brand and that the award belongs as much to their associates as it does to them. Waste Management is one of only two companies in the Environmental Services industry honored this year.
“This recognition reflects our most fundamental commitment to keeping the environment—and our people and our neighbors—safe,” said David Steiner, chief executive officer and president of Waste Management. “As an industry leader, we continue to develop strategies to extract value from waste stream to minimize our environmental impact, while at the same time demonstrating a culture where safety and ethics are core beliefs.”
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 organization’s performance in an objective, consistent and standardized 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 Advisory Panel.