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3.11.2008 - 11:59pm ET
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Ethisphere Institute Ranks Ethical Practices Of Top U.S. Government Contractors
Elite Ranking Recognizes ’Excellent’ Corporations, Notes ‘Below Standard’ Companies
(CSRwire) NEW YORK, NY - March 12, 2007 - The Ethisphere Institute, a think-tank
dedicated to the research and promotion of best practices in business
ethics and compliance, is releasing its highly-anticipated Government
Contractor Ethics Program Ratings in the Q1 issue of Ethisphere Magazine,
available nationally mid-March.
"During a time when corporate practices are continually evolving, it is
important to the government and to our country to be aware of the
companies that are maintaining ethical business practices and the ones who
are not," said Alex Brigham, executive director of the Ethisphere
Institute.
The ratings and ranking take into account new Federal Acquisition
Regulation (FAR) rules regarding U.S. government contractors' ethics
programs, key Federal Sentencing Guidelines (FSG) "hallmarks" for
effective compliance programs and industry best practices. The Institute
scored companies based on their ethics programs, which were reviewed
through an online questionnaire, along with information voluntarily
provided by the participants.
The Institute's rankings were based on an objective analysis of four
categories:
Code of ethics and business conduct
Leadership and tone from the top
Internal control systems
Ethics training and communication programs
Researchers from the Ethisphere Institute analyzed more than 1,000 federal
government contractors as part of the 2008 ratings. Rockwell Collins,
Fluor Corporation, General Electric, EDS, SAIC, Textron and CACI
International Inc. were among the seven elite companies that exhibited
excellence in the top 100 largest government contractors; these companies
received "excellent" program scores with a rating above 90%. The
Institute recognized companies with "below standard" scores as well,
ranking below 40%, while a handful of companies did not receive scores due
to incomplete information.
The results of the research will be published in the following categories:
1. Largest Government Contractor Ethics Program Ranking
2. Best Ethics Programs Overall
3. 10 Best Private Company Ethics Programs
4. 5 Best Small Company Ethics Programs
5. 5 Best Foreign Company Ethics Programs
6. 10 Best Codes of Ethics & Business Conduct
7. 10 Best Internal Control Systems
8. 10 Best Ethics Training & Communications Programs
"We were very pleased with the significant number of responses from
companies that were willing to share with us details of their ethical
policies and elevate the public discourse on such an important and timely
topic," said Brigham.
In addition to the Government Contractor Rankings, the Q1 of Ethisphere
Magazine will also feature "How Nike is Changing the World, One Factory at
a Time," which discusses how Nike learned to improve its bottom line while
assisting the developing countries in which it operates. In "Hey Bill,
What were you waiting for?" a group of academics from DePaul and Santa
Clara universities argue that Bill Gates' Davos, Switzerland speech on
creative capitalism was several years too late. And, in the regular
appearing section, Global Compliance, the editors discuss what
international companies can expect if they want to do business in South
Africa. Select articles can be viewed online at www.ethisphere.com.
About The Ethisphere Institute
The research-based Ethisphere Institute and associated membership group,
the Ethisphere Council, are supported by more than 100 institutions and
corporations, including LexisNexis, the Practising Law Institute, the
National Association of Corporate Directors, the Global Reporting
Initiative, Corpedia, Deutsche Telekom, Time Warner, Avaya and Kraft. The
Institute is dedicated to the research, creation, and sharing of best
practices in ethics, compliance, and corporate governance among its
membership companies. It also focuses on the development and advancement
of individuals on its membership council through increased efficiency,
innovation, tools, mentoring, advice, and unique career opportunities.
Ethisphere Magazine is the quarterly publication of the Institute. More
information on membership can be found at http://www.ethisphere.com.
The Ethisphere Institute publishes the globally-recognized annual World
Most Ethical Companies Ranking™ as well as the Government Contractor
Ethics Program Ranking™.
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