28 Shawwal 1443 - 29 May 2022
    
  • Twitter Facebook Instagram Icon Linkedin Youtube Snapchat
Sign up for newsletter
Eye of Riyadh
Cars & Autos | Sunday 22 March, 2015 12:14 pm |
Share:

Ford Named a 2015 World’s Most Ethical Company by Ethisphere Institute; Only Automaker to Earn Designation

• Ford named to Ethisphere Institute’s 2015 list of World’s Most Ethical Companies® – the only automaker to earn the recognition

• Ethisphere honors companies for leading in ethics and compliance; corporate citizenship and responsibility; culture of ethics, governance and leadership; innovation; and reputation

• A company’s reputation for ethics and trust plays a role in customer purchase decisions, research finds


Ford Motor Company has been named 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
About Ford Motor Company
Ford Motor Company, a global automotive industry leader based in Dearborn, Mich., 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 about Ford and its products worldwide please visit www.corporate.ford.com.
Ford’s history in the Middle East goes back more than 60 years. The company’s local importer-dealers operate more than 155 facilities in the region and directly employ more than 7,000 people, the majority of whom are Arab Nationals. For more information on Ford Middle East, please visit www.me.ford.com

Ford Middle East is also a responsible corporate citizen with currently three CSR initiatives running in the region including the Ford Motor Company Conservation & Environmental Grants, Ford Warriors in Pink® breast cancer awareness campaign and Ford Driving Skills for Life safe driving awareness programme for young drivers and teens.

The Ford Grants is a grass-root level initiative that has offered US$1.4million in grants to 176 Middle Eastern environmental projects since 2000. Ford Warriors in Pink® is a breast cancer community-based awareness initiative recognising the strength and courage it takes to deal with the everyday challenges of battling breast cancer throughout the year. Ford Driving Skills for Life is a free programme designed to impart safe driving practices to students to help improve their road safety record.

Share:
Print
Post Your Comment
ADD TO EYE OF Riyadh
RELATED NEWS
MOST POPULAR