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Corporate Social Responsibility
News
5.24.2007 - 11:23am ET
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Marriott International Named to "World's Most Ethical Companies" List By Ethisphere Magazine
(CSRwire) WASHINGTON, D.C. – May 23, 2007 – Marriott International, Inc. (MAR:
NYSE) has been named one of the "World's Most Ethical Companies" by
Ethisphere Magazine, a national publication dedicated to
illuminating the important correlation between ethics and profit. The
elite list of companies was recognized for their strong leadership in
ethics and compliance, advancement of industry discourse on social and
ethical issues, and positive engagement in the communities in which they
operate.
"Our commitment to high ethical standards starts at the top and every day
we challenge our associates to uphold that commitment to each other, our
shareholders, our guests, our business partners and our surrounding
communities," said John Geller, chief audit executive for Marriott
International. "We are honored to be recognized as one of the best."
Ethisphere Magazine has a circulation of 65,000 global board
members, CEOs, general counsel, chief ethics and compliance officers and
institutional investors. It offers insights into gaining market share and
creating sustainable competitive advantage through ethical business
practices and corporate citizenship.
The editors of the magazine chose fewer than 100 companies from several
thousand organizations that they analyzed over a six-month period. "This
was a rigorous process that identified a select group of companies that
were unequalled in their industries for their commitment to ethical
leadership and corporate social responsibility. These organizations go
beyond making statements about doing business ethically; they translate
those words into action," said Alex Brigham, executive editor of
Ethisphere Magazine.
The process included reviewing companies’ codes of ethics, litigation
and regulatory infraction histories; evaluating investment in innovation
and sustainable business practices; looking at companies’ activities to
improve corporate citizenship; studying nominations from senior
executives, industry peers, suppliers and customers; and working with
consumer action groups for feedback and rating.
MARRIOTT INTERNATIONAL, INC. (NYSE: MAR) is a leading lodging
company with nearly 2,900 lodging properties in the United States and 67
other countries and territories across 18 lodging and vacation resort
ownership brands. The company is headquartered in Washington, D.C., and
had approximately 151,000 employees at 2006 year-end. It is ranked as the
lodging industry’s most admired company and one of the best places to
work for by FORTUNE. The company is also a 2006 U.S. Environmental
Protection Agency (EPA) ENERGY STAR Partner. In fiscal year 2006,
Marriott International reported sales from continuing operations of $12.2
billion. For more information or reservations, please visit our web site
at www.marriott.com.
About the Ethisphere Council
The Ethisphere Council was created in 2006 by Corpedia, a leader in risk assessment and
eLearning for ethics and compliance, the Practising Law Institute, a non-profit
organization committed to enhancing the professionalism of attorneys and
others and LexisNexis, a leading provider of
comprehensive information and business solutions; and Formed with support
from such leading corporations as Deutsche Telekom, Time Warner, Dresser
Industries, Avaya and Kraft, the council 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 its members through increased
efficiency, innovation, tools, mentoring, advice, and unique career
opportunities. More information on membership can be found at www.ethisphere.com.
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