World's Most Ethical Companies: The Halo Effect
The Ethisphere Institute has issued its annual list of the “World’s Most Ethical Companies” for 2017. “Ethical” is a term you’ll hear more in the UK and EU, as in Ethical Performance (our UK/EU web site) and the Institute for Business Ethics, a UK research and consultancy firm that reviews the journalistic case studies we publish in our Best Practice publication. Then there’s UK-based Ethical Corporation which sponsors global responsibility summits. Ethisphere’s criteria is straightforward: “to honor companies that promote ethical business standards and practices.” The bottom line news in this high-minded list is that the businesses recognized have historically outperformed others financially, linking ethical practices to outperformance. Now that’s a real “halo effect” for doing good.
John Howell. Editorial Director
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