Honoured as the only water company in the world and the only UK-based utility company.
Northumbrian Water Group’s employee volunteering programme saw 55% of employees actively volunteering in their communities, spending more than 16,000 work hours helping charitable, community, educational or environmental projects.
March 20, 2014 – Northumbrian Water Group announced today that it has been recognised by the Ethisphere Institute, an independent center of research promoting best practices in corporate ethics and governance, as a 2014 World’s Most Ethical Company®.
This is the fourth time that Northumbrian Water Group has been honoured with this award, which recognises organisations that continue to raise the bar on ethical leadership and corporate behavior. World’s Most Ethical Company honourees understand the correlation between ethics, reputation and daily interactions with their brand and that the award belongs as much to their associates as it does to them. Northumbrian Water Group is the only water company world-wide honoured this year and the only UK-based utility company.
Heidi Mottram, Chief Executive Officer of Northumbrian Water Group, said: “I am delighted that we have been added to the Ethisphere Institute′s World’s Most Ethical Companies list for the fourth year running. We are the only water company in the world to be awarded this title and also the only UK-based utility company.
“Recognition such as this demonstrates that Northumbrian Water Group is leading the way in the water industry and founded on a strong belief to serve our communities and the environment in which they live.”
Ethisphere’s Chief Executive Officer, Timothy Erblich, said: “The entire community of World’s Most Ethical Companies believe that customers, employees, investors and regulators place a high premium on trust and that ethics and good governance are key in earning it. Northumbrian Water Group joins an exclusive community committed to driving performance through leading business practices. We congratulate everyone at Northumbrian Water Group for this extraordinary achievement.”
The World′s Most Ethical Company assessment is based upon the Ethisphere Institute’s Ethics Quotient™ framework. The Ethics Quotient framework has been developed over years of effort to provide a means to assess an organisation’s performance in an objective, consistent and standardised way. The information collected provides a comprehensive sampling of definitive criteria of core competencies, rather than all aspects of corporate governance, risk, sustainability, compliance and ethics. The Ethics Quotient framework and methodology was determined, vetted and refined by the expert advice and insights gleaned from Ethisphere’s network of thought leaders and from the World’s Most Ethical Company Methodology Advisory Panel.
Scores are generated in five key categories: ethics and compliance program (25%), reputation, leadership and innovation (20%), governance (10%), corporate citizenship and responsibility (25%) and culture of ethics (20%).
The full list of the 2014 World′s Most Ethical Companies can be found at http://ethisphere.com/worlds-most-ethical/wme-honorees/.
About Northumbrian Water Group
Northumbrian Water Group contains the following companies and divisions: Northumbrian Water Limited (NWL) provides water and sewerage services in the north east of England under the brand name Northumbrian Water and water services in the south east under the brand name Essex & Suffolk Water. It serves 2.6 million people in the north with water and sewerage services and 1.8 million people in the south with water services.
About the Ethisphere Institute
The Ethisphere® Institute is an independent center of research, best practices and thought leadership that promotes best practices in corporate ethics and governance and enables organizations to improve compliance, mitigate risk, and enhance relationships with employees, business partners, investors and the broad regulatory community. Ethisphere evaluates and benchmarks compliance and governance programs, honors superior achievement through its World’s Most Ethical Companies® recognition program and publishes Ethisphere Magazine. Ethisphere is also the leading provider of independent verification of corporate ethics and compliance programs that include: Ethics Inside® Certification, Compliance Leader Verification™ and Anti-Corruption Program Verification™. More information about Ethisphere can be found at: www.ethisphere.com.
Northumbrian Water Group Media Contact
Janine Scott - 0191 301 5538 - Janine.email@example.com