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Germany-based Henkel Co has, for the third year in a row, has been included in the list of the "World's Most Ethical Companies", selected by the US Ethisphere Institute, which recognizes companies from around the globe for their exemplary ethical approach to corporate governance and their commitment to sustainable development.
The ranking names a total of 100 corporations, with Henkel being the only Germany-based one. Among thousands of applicants from over 100 countries, Henkel was able to convince the expert jury, comprising US scientists, academics, lawyers and government representatives, of the merits of its candidacy. The multistage assessment process was based on business conduct as demonstrated in a range of categories including social engagement, management style and innovation strength.
"We are delighted to have received this international accolade. The ranking confirms that, in Henkel's case, corporate social responsibility and exemplary corporate governance are actually practiced virtues", said the company's CEO Kasper Rorsted.
"Our commitment to sustainable development also serves to motivate our employees, enhancing their identification with the company and – through this – further contributing to our commercial success."