“Today, business leaders face their greatest mandate yet to be ethical, accountable, and trusted to drive positive change,” said Ethisphere CEO, Timothy Erblich
Perfume and taste company Firmenich has been named one of the world’s ‘Most Ethical’ companies for 2022 by Ethisphere, an independent standards organisation. Firmenich is one of 136 companies awarded the distinction in 2022. Companies are reportedly evaluated on their leadership, compliance, and governance practices.
“Integrity and responsible business are at the core of what we do at Firmenich, and we are honoured to be recognised as one of the world’s most ethical companies,” said Firmenich CEO, Gilbert Ghostine. “Ethics is a critical component of our values and our leading environmental, social and governance (ESG) performance. We hold ourselves accountable to the highest standards of ethical behavior every day, within the company and in our business relationships.”
“This exceptional recognition is a tribute to all our colleagues, who strive to operate with honesty, fairness and integrity,” said Firmenich General Counsel, Jane Sinclair. “Our code of ethics and policies have been built up over decades, to allow our colleagues to take the right decisions and present clear expectations for our business partners. We are continuing this journey and constantly raising the bar on our actions.”
The company says it regularly engages all its colleagues and suppliers on its code of ethics, and on related policies including on anti-corruption, human rights and safety.
“Today, business leaders face their greatest mandate yet to be ethical, accountable, and trusted to drive positive change,” said Ethisphere CEO, Timothy Erblich. “We continue to be inspired by the world’s most ethical companies honorees and their dedication to integrity, sustainability, governance, and community. Congratulations to Firmenich for earning the world’s most ethical companies designation.”
Ethisphere’s assessment process includes more than 200 questions on culture, environmental and social practices, ethics and compliance activities, governance, diversity, and initiatives to support a strong value chain. The process is designed as an operating framework to codify the leading practices of organisations across industries and around the globe.