Aerospace Named as One of the 2012 World’s Most Ethical Companies
EL SEGUNDO, Calif. (March 16, 2012) — The Aerospace Corporation has been named as one of the Ethisphere Institute’s 2012 World’s Most Ethical (WME) Companies. The appointment recognizes Aerospace’s commitment to promoting the highest ethical standards in its business practices. This is the fifth year in a row that Aerospace has received the distinction.
“We are honored to be selected as one of the World’s Most Ethical Companies,” said Dr. Wanda Austin, president and CEO of The Aerospace Corporation. “We are proud of what we do and that is reflected in our corporate ethics and the integrity that informs all of our actions.”
Aerospace was one of a record number of companies nominated for the award this year. The corporation was selected because of its 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.
This is the sixth year Ethisphere has published the WME rankings. Ethisphere reviewed hundreds of companies and evaluated a record number of applications utilizing its propriety methodology, which uses in-depth research and multi-step analysis. The 2012 list features companies in more than three dozen industries, including 40 companies headquartered outside the United States.
“A strong ethical foundation is a competitive advantage, and The Aerospace Corporation recognizes the important role corporate responsibility plays in improving its bottom line,” said Alex Brigham, executive director of the Ethisphere Institute. “As more and more organizations strive for this honor each year, Aerospace’s inclusion as a World’s Most Ethical Company for 2012 demonstrates its industry-leading commitment to ethics and dedication to integrity.”
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.
The Aerospace Corporation, based in El Segundo, Calif., is a nonprofit company with almost 4,000 employees and operates a federally funded research and development center that provides technical guidance and advice on all aspects of space missions to military, civil and commercial customers to assure space mission success.
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