A Letter from Ethisphere’s CEO
While “uncertainty” could be considered an overriding theme for doing business in 2018, we at Ethisphere believe that “inspiring” is more fitting. The stories you shared by the honoree community profoundly illustrate how companies continue to be the driving force for improving communities, building capable and empowered workforces, and fostering corporate cultures focused on ethics and a strong sense of purpose.
The momentum behind an integrity-based approach to business is undeniable. A recent Forbes Insight and Deloitte Global study found that 93% of respondents believe companies are more than mere employers – they are societal stewards. Edelman’s 2019 Trust Barometer reports employees have far more trust in their employers than the government or media. The study also shows these employees are more engaged, loyal and committed.
Ethisphere’s long-standing belief that financial performance and ethics go hand-in-hand continues to be validated by the “Ethics Premium”. Ethisphere’s annual practice of tracking how the stock prices of publicly traded honorees compare to the Large Cap Index found that listed 2019 World’s Most Ethical Companies outperformed the large cap sector over five years by 14.4 percent and over three years by 10.5 percent.
What we know for certain is that the exceptional leaders behind these programs are making a difference – in the global economy and in the lives of the employees, customers, and shareholders they impact.
Once again, congratulations to the 2019 World’s Most Ethical Companies.