Read more about Wipro, Tata Steel among 135 most ethical companies on Business Standard. US-based think tank Ethisphere Institute selected the 135 companies on the list from 23 countries across 57 industries\n
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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, 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