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Read more about Infosys didn't make the cut: Only 2 Indian firms in most ethical list on Business Standard. US-based think tank Ethisphere Institute selected the 135 companies on the list from 23 countries across 57 industries

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infosys didn t make the cut only 2 indian firms

Infosys didn't make the cut: Only 2 Indian

firms in most ethical list

IT services and outsourcing provider Wipro Limited and Tata Steel Ltd are the two

Indian firms that have been selected among 135 of the world's most ethical

companies for 2018 by the US-based think tank Ethisphere Institute.

The 135 companies dedicated to "defining and advancing the standards of ethical

business practices" were selected from 23 countries across 57 industries,

Ethisphere said in a statement late on Monday.

Microsoft, Dell, Salesforce, and Adobe are some of the global tech giants who

figured in the 2018 list.

"Over the last 12 years, we have repeatedly seen that those companies who focus

on transparency and authenticity are rewarded with the trust of their employees,

their customers, and their investors," said Ethisphere CEO Timothy Erblich.

while negative headlines might grab attention

"While negative headlines might grab attention, the companies who support the

rule of law and operate with decency and fair play around the globe will always

succeed in the long term," Erblich added.

The listed ethical companies outperformed the large-cap sector over five years by

10.72 per cent and over three years by 4.88 per cent.

"We are honoured to be listed among the World's Most Ethical Companies for the

fifth consecutive year," said Michael Dell, Chairman and CEO of Dell Technologies.

"Ethics and integrity matter at Dell.

We work hard to earn our customers' trust, improve our communities and inspire

our team members through sound, ethical decision-making," he added.

The institute will organise an event in New York on March 13 to felicitate the

companies where PepsiCo Chairperson and CEO Indra Nooyi is expected to deliver

the keynote address.

"At Microsoft, trust and integrity are core to our values and critical to our success.

We're passionate about applying the power of technology to improve our world,

and that starts with doing business in a way that builds and maintains trust with

our customers," said Microsoft President Brad Smith.

Article By - Business Standard