Northumbrian Water Group was added to the Ethisphere’s Institutes World’s most ethical companies list for the second year running in 2012.
Northumbrian Water Group was added to the Ethisphere’s Institutes World’s most ethical companies list in 2011.
The American think tank recognised the Group as one the 110 most ethical companies in the world and one of only five UK-based companies.
The World’s Most Ethical Companies designation acknowledges companies that truly go beyond making statements about doing business “ethically” and translate those words into action. World’s Most Ethical honourees demonstrate real and sustained ethical leadership within their industries.
Through in-depth research and a multi-step analysis, Ethisphere reviewed nominations from companies in more than 100 countries and 36 industries. The methodology for the World’s Most Ethical Companies includes reviewing codes of ethics, litigation and regulatory infraction histories; evaluating the investment in innovation and sustainable business practices; looking at activities designed to improve corporate citizenship; and studying nominations from senior executives, industry peers, suppliers and customers.
There is no set number of companies that make the list each year. Rather, the World’s Most Ethical Company designation is awarded to those companies that have leading ethics and compliance programs, particularly as compared to their industry peers.