posted March 19, 2011
El Segundo, Calif. (March 19, 2011) — The Aerospace Corporation has been recognized by the Ethisphere Institute as one of the 2011 World’s Most Ethical Companies. Out of a record number of nominations for the award, Aerospace secured a hard-earned spot on the list through outstanding business practices and initiatives that are instrumental to the company’s success, benefit the community, and raise the bar for ethical standards within the industry.
“The Aerospace Corporation is honored to once again be named one of the World’s Most Ethical Companies,” said Dr. Wanda Austin, president and CEO of The Aerospace Corporation. “We strive for every employee to understand how high ethical standards translate into good business practices, and how their actions help us achieve our promise to deliver 100 percent mission success.”
This is the fifth year Ethisphere, a think-tank dedicated to the creation, advancement, and sharing of best practices in business ethics, corporate social responsibility, anticorruption, and sustainability, has published the WME rankings, which appear in Ethisphere Magazine’s Q1 issue.
Ethisphere reviewed thousands of companies and evaluated a record number of applications utilizing its propriety methodology through in-depth research and multi-step analysis, naming 110 companies that surpassed their industry peers to this year’s World’s Most Ethical Companies list. The 2011 list features companies in 38 industries, including 43 companies headquartered outside the United States.
“As companies strive to maintain a competitive advantage, good ethics translate into better business, and better business means better bottom lines,” said Alex Brigham, executive director of the Ethisphere Institute. “The Aerospace Corporation recognizes the important role that principled practices play in brand reputation, which ultimately is the most valuable asset for a corporation. Each year, the competition gets more intense for the World’s Most Ethical Companies and this year was no exception with a record number of organizations vying for this distinguished honor. Ethisphere congratulates The Aerospace Corporation on being one of the World’s Most Ethical Companies for 2011.”
The methodology for the WME ranking includes reviewing codes of ethics, litigation, and regulatory infraction histories; evaluating the investment in innovation and sustainable business practices; looking at activities designed to improve corporate citizenship; and studying nominations from senior executives, industry peers, suppliers, and customers.
Read about the methodology and view the complete list of the 2011 World’s Most Ethical Companies at http://ethisphere.com/worlds-most-ethical-companies-rankings/.
For more information, contact: [email protected]