Ethisphere Magazine is recognizing 110 companies for their outstanding commitment to doing business the right way. In order to earn a mention on the magazine’s World’s Most Ethical Companies 2011 list, companies need to “have leading ethics and compliance programs, particularly as compared to their industry peers.” Source: Ethisphere Magazine
The list has been published annually for the past several years and unlike some other best of lists published, Ethisphere Magazine does not limit the number of companies that it is willing to recognize. This more open format leads to a lot of movement on the list from year to year. Of the 110 companies including this year, 36 are new to the list. Additionally, 26 companies featured last year were not including this year due to litigation, ethics violations and just an increase in competition in their industry.
Some of the world’s most well known companies appear on the Most Ethical Companies 2011 list including Walmart, General Electric, Johnson Controls, Ford Motor Company, eBay, Microsoft, Xerox, Aflac, General Mills and Marriott International.
Naturally some companies that have consistently been recognized for their dedication to corporate social responsibility made an appearance on the Ethisphere Magazine list including Patagonia
and Stonyfield Farm