Schnitzer Steel named 2018 World's Most Ethical Companies
Schnitzer Steel Industries, Inc has been recognized by the Ethisphere Institute, a global leader in defining and advancing the standards of ethical business practices, as one of the 2018 World’s Most Ethical Companies. Recognition honors those who operate with purpose and incorporate integrity into their ecosystems.
Schnitzer has been recognized for a fourth consecutive year, highlighting the Company’s commitment to leading with integrity and prioritizing ethical business practices.
In 2018, Ethisphere recognized 135 honorees, spanning 23 countries and 57 industries.
Mr Tamara Lundgren, President and Chief Executive Officer said that “We are honored to be recognized once again as one of the World’s Most Ethical Companies. This award underscores our employees’ commitment to acting ethically, safely and sustainably every day, allowing us to better serve our customers, suppliers, shareholders and communities. I extend my congratulations and thanks to our employees.”
Callie Pappas, Vice President and Chief Compliance Officer said that “Integrity, one of our core values, is at the center of all that we do. Being honored as one of the World’s Most Ethical Companies for the fourth year highlights that our employees are living our values and are dedicated to doing the right thing.”
Ethisphere’s CEO, Timothy Erblich explained that “While the discourse around the world changed profoundly in 2017, a stronger voice emerged. Global corporations operating with a common rule of law are now society’s strongest force to improve the human condition. This year we saw companies increasingly finding their voice. The World’s Most Ethical Companies in particular continued to show exemplary leadership. I congratulate everyone at Schnitzer for being recognized as one of the World’s Most Ethical Companies.”
Once again, the 2018 World’s Most Ethical Companies have proven that operating with integrity leads to greater financial performance. Research has found that, when indexed, listed World’s Most Ethical Companies outperformed the U.S. Large Cap Index over five years by 10.72 percent and over three years by 4.88 percent. Ethisphere refers to this as the Ethics Premium.
Schnitzer has been recognized for a fourth consecutive year, highlighting the Company’s commitment to leading with integrity and prioritizing ethical business practices.
In 2018, Ethisphere recognized 135 honorees, spanning 23 countries and 57 industries.
Mr Tamara Lundgren, President and Chief Executive Officer said that “We are honored to be recognized once again as one of the World’s Most Ethical Companies. This award underscores our employees’ commitment to acting ethically, safely and sustainably every day, allowing us to better serve our customers, suppliers, shareholders and communities. I extend my congratulations and thanks to our employees.”
Callie Pappas, Vice President and Chief Compliance Officer said that “Integrity, one of our core values, is at the center of all that we do. Being honored as one of the World’s Most Ethical Companies for the fourth year highlights that our employees are living our values and are dedicated to doing the right thing.”
Ethisphere’s CEO, Timothy Erblich explained that “While the discourse around the world changed profoundly in 2017, a stronger voice emerged. Global corporations operating with a common rule of law are now society’s strongest force to improve the human condition. This year we saw companies increasingly finding their voice. The World’s Most Ethical Companies in particular continued to show exemplary leadership. I congratulate everyone at Schnitzer for being recognized as one of the World’s Most Ethical Companies.”
Once again, the 2018 World’s Most Ethical Companies have proven that operating with integrity leads to greater financial performance. Research has found that, when indexed, listed World’s Most Ethical Companies outperformed the U.S. Large Cap Index over five years by 10.72 percent and over three years by 4.88 percent. Ethisphere refers to this as the Ethics Premium.
Posted By : Ratan Singh on Wed, 14 Feb 2018