Milliken Named to “World’s Most Ethical Companies”
Spartanburg, SC, June 1, 2007--Milliken & Company has been named one of the World’s Most Ethical Companies by Ethisphere Magazine, a national publication dedicated to illuminating the important correlation between ethics and profit.
“Milliken’s strong culture of business values and community values has evolved over 140 years of doing the right things the right way,” said Ashley Allen, Chief Executive Officer of Milliken & Company. “This is indeed an honor for every person in our company. Our long-standing philosophy of making money with people, not out of them continues to benefit our associates, our customers, and the communities in which we operate.”
Milliken was among companies such as American Express, Toyota, Marriott, Nike, JCI, and Patagonia, who were recognized for their strong leadership in ethics and compliance, advancement of industry discourse on social and ethical issues, and positive engagement in the communities in which they operate.
The editors analyzed several thousand organizations over a six-month period and chose only 92 companies. “This was a rigorous process that identified a select group of companies that were unequalled in their industries for their commitment to ethical leadership and corporate social responsibility,” said Alex Brigham, executive editor of Ethisphere Magazine. “These organizations go beyond making statements about doing business ethically; they translate those words into action.”
The process included reviewing companies’ codes of ethics, litigation and regulatory infraction histories; evaluating investment in innovation and sustainable business practices; looking at companies’ activities to improve corporate citizenship; studying nominations from senior executives, industry peers, suppliers and customers; and working with consumer action groups for feedback and rating. The article and complete list can be found at http://www.ethisphere.com/.
The Ethisphere Council was created in 2006 by Corpedia, a leader in risk assessment and eLearning for ethics and compliance, the Practising Law Institute, a non-profit organization committed to enhancing the professionalism of attorneys and others and LexisNexis, a leading provider of comprehensive information and business solutions; and Formed with support from such leading corporations as Deutsche Telekom, Time Warner, Dresser Industries, Avaya and Kraft, the council is dedicated to the research, creation, and sharing of best practices in ethics, compliance, and corporate governance among its membership companies. It also focuses on the development and advancement of its members through increased efficiency, innovation, tools, mentoring, advice, and unique career opportunities. More information on membership can be found at http://www.ethisphere.com/.
