Shanghai, China – Eaton, a global power management company, was once again named to the 2021 World's Most Ethical Companies list. The list is published by the Ethisphere Institute, a leading international research think tank, which is dedicated to defining and promoting ethical business practices on a global scale.
Craig Arnold, Chairman and Chief Executive Officer of Eaton Corporation, said, "We are honored to once again be recognized as one of the World's Most Ethical Companies. This recognition underscores our 92,000 employees' continued commitment to serving all stakeholders with integrity and in furtherance of our mission to improve quality of life and protect the environment. ”
This is the 10th time Eaton has been named to the list since the Ethisphere Institute began publishing its list of the World's Most Ethical Companies in 2007. Eaton was one of only eight companies on the list in the "Industrial Manufacturing" category. In the 2021 year, a total of 135 companies from 22 countries and 47 industries were included in the list.
"It is the responsibility of every Eaton employee to uphold a values-based ethical culture. Business ethics are critical to earning and maintaining the trust of shareholders, customers, employees and the communities in which we operate," said Joe Rodgers, senior vice president of Global Ethics and Compliance at Eaton Corporation. "In what we do every day, we are guided by our core values. The re-inclusion in the list also reflects Eaton's determination to act with integrity and operate properly. ”
Ethisphere's assessment includes five areas: corporate culture, environmental and social practices, ethics and compliance activities, and governance and diversity. Ethisphere uses this benchmarking framework to assess and demonstrate the performance of multiple companies in a variety of industries around the world.
Timothy Erblich, CEO of the Ethisphere Institute, said: "In 2020, we have seen companies lead by example to their peers as we tackle tough challenges together. They have persevered in the face of adversity and consistently demonstrated their commitment to ethics and integrity, earning the trust of their stakeholders. "The companies named to the World's Most Ethical Companies list continue to demonstrate their relentless commitment to the highest standards of values and the positive impact they have in the communities they serve," he added. Congratulations to Eaton for being recognized as one of the World's Most Ethical Companies! ”
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