Ethisphere Institute Recognises Xerox’s Commitment To Ethical Business Standards And Practices

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Xerox has been recognised by the Ethisphere Institute, a global leader in defining and advancing the standards of ethical business practices, as a 2016 World’s Most Ethical Company for the 10th Consecutive Year.
 
This year marks the 10th anniversary of Ethisphere and the World’s Most Ethical Companies designation, which recognises those companies who align principle with action, work tirelessly to make trust part of their corporate DNA, and in doing so, shape future industry standards by introducing tomorrow’s best practices today.
 
Xerox is one of only 14 ten-time honourees, underscoring the company’s commitment to leading ethical business standards and practices.
 
Don Liu, general counsel and secretary for Xerox said, ‘Since our earliest days, Xerox has been known for ethical behaviour and integrity. With integrity, we earn one of the greatest qualities a business can aspire to achieve: the trust of clients, investors, colleagues and the communities in which we work and live. This trust is earned through the actions of every Xerox employee around the globe.’
 
The World’s Most Ethical Company assessment is based upon the Ethisphere Institute’s Ethics Quotient™ (EQ) framework developed over years of research and vetted and refined by the expert advice from Ethisphere’s World’s Most Ethical Company Methodology Advisory Panel. The EQ offers a quantitative way to assess a company’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.
 
Scores are generated in five key categories: ethics and compliance programme (35%), corporate citizenship and responsibility (20%), culture of ethics (20%), governance (15%) and leadership, innovation and reputation (10%) and provided to all companies who participate in the process.
 
‘Companies rely on Ethisphere to continually raise and measure the standards of corporate behaviour. Those that demonstrate leadership in areas like citizenship, integrity and transparency create more value for their investors, communities, customers and employees, thus solidifying a sustainable business advantage,’ explained Ethisphere’s Chief Executive Officer, Timothy Erblich. ‘Congratulations to everyone at Xerox for being recognised as a World’s Most Ethical Company.’

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