Xerox has been recognized by the Ethisphere Institute, a leader in defining and advancing the standards of ethical business practices, as one of the 2018 World’s Most Ethical Companies.
The company has been recognized every year since 2006 and is one of only two honourees in the IT services industry.
In 2018, 135 honourees were recognized, spanning 23 countries and 57 industries. They all had record levels of involvement with their stakeholders and their communities around the world. Measuring and improving culture, leading authentically and committing to transparency, diversity and inclusion were all priorities.
“Every decision we make and every action we take should demonstrate our unwavering commitment to ethical business conduct,” says Xerox CEO Jeff Jacobson. “Our continued recognition by Ethisphere is a reflection of that promise.”
“Global corporations operating with a common rule of law are now society’s strongest voice 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,” explains Ethisphere CEO Timothy Erblich.
The World’s Most Ethical Companies assessment is based upon the Ethisphere Institute’s Ethics Quotient framework, which offers a quantitative way to assess a company’s performance in aspects of corporate governance, risk, sustainability, compliance and ethics.
Scores are generated in five key categories: ethics and compliance program (corporate citizenship and responsibility), culture of ethics, governance and leadership, innovation and reputation. All companies that participate in the assessment process receive their scores, providing them with valuable insights into how they stack up against leading organisations.