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Ford named to Ethisphere Institute’s 2015 list of World’s Most Ethical
Companies® – the only automaker to earn the recognition
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Ethisphere honors companies for leading in ethics and compliance;
corporate citizenship and responsibility; culture of ethics,
governance and leadership; innovation; and reputation
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A company’s reputation for ethics and trust plays a role in customer
purchase decisions, research finds
Company Website:
http://corporate.ford.com/
DEARBORN, Mich. -- (Business Wire)
Ford Motor Company is being named today to Ethisphere Institute’s 2015
list of World’s Most Ethical Companies®.
The honor comes at a time in which the way a company conducts its
business is viewed as every bit as important as the products and
services it provides, new research shows.
“This award celebrates doing business the right way, and making the
right choices every day,” said Ford Motor Company Executive Chairman
Bill Ford. “Ethics and corporate citizenship are important factors that
affect a company’s reputation and success, and we are proud Ford is the
only automaker to have received this honor for six consecutive years.”
The World’s Most Ethical Company assessment is based on a framework
developed by the Ethisphere Institute to assess an organization’s
performance in an objective, consistent and standardized manner. The
honor is given based on top ratings in five categories – ethics and
compliance; corporate citizenship and responsibility; culture of ethics,
governance and leadership; innovation; and reputation.
“The World’s Most Ethical Companies embrace the correlation between
ethical business practice and improved company performance,” said
Timothy Erblich, Ethisphere chief executive officer. “Earning this
recognition involves the collective action of a global work force from
the top down. We congratulate everyone at Ford for this extraordinary
achievement.”
The honor correlates with research showing a reputation for ethics and
trust plays a role in consumers’ purchase decisions. Last year,
according to the 2015 Harris Poll Reputation Quotient, 53 percent of the
U.S. public learned more about a company before doing business with the
organization. More than one third of the respondents decided not to do
business with a company based on the perception of a negative reputation.
Ford sees this trend shaping consumers of all ages – especially younger
customers. Generation Z members born after 1993 are 54 percent more
likely than their millennial counterparts to say they want to have an
impact on the world, and these consumers do business with companies that
share their values, according to a study from research firm Sparks &
Honey.
For more information about the methodology and to view the complete list
of the 2015 World’s Most Ethical Companies, visit http://ethisphere.com/worlds-most-ethical/wme-honorees/.
About Ford Motor Company
Ford
Motor Company, a global automotive industry leader based in
Dearborn, Michigan, manufactures or distributes automobiles across six
continents. With about 187,000 employees and 62 plants worldwide, the
company’s automotive brands include Ford and Lincoln. The company
provides financial services through Ford Motor Credit Company. For more
information regarding Ford and its products worldwide, please visit http://corporate.ford.com.
About the Ethisphere Institute
The Ethisphere® Institute is the global
leader in defining and advancing the standards of ethical business
practices that fuel corporate character, marketplace trust and business
success. Ethisphere has deep expertise in measuring and defining core
ethics standards using data-driven insights that help companies enhance
corporate character. Ethisphere honors superior achievement through its
World’s Most Ethical Companies® recognition
program, provides a community of industry experts with the Business
Ethics Leadership Alliance (BELA) and showcases trends and best
practices in ethics with the publication of Ethisphere Magazine and The
World’s Most Ethical Companies Executive Briefing. Ethisphere is also
the leading provider of independent verification of corporate ethics and
compliance programs. More information about Ethisphere can be found at: http://ethisphere.com.
For news releases, related materials and high-resolution photos and
video, visit www.media.ford.com.
Contacts:
Ford Motor Company
Becky Sanch, 313.594.4410
bsanch@ford.com
or
Ethisphere
Institute
Clea Nabozny, 480.397.2658
clea.nabozny@ethisphere.com
Source: Ford Motor Company
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