Honeywell was selected as one of 2013 World’s Most Ethical Companies by the Ethisphere Institute, an international think-tank dedicated to advancement of best practices in business ethics, corporate social responsibility, and sustainability.
Ethisphere reviewed nominations from companies in more than 100 countries and 36 industries using its proprietary rating system, which is designed to capture a company’s performance in an objective and standardized way. The process includes reviewing codes of ethics and litigation and regulatory infraction histories; evaluating 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.
According to Ethisphere, thousands of companies were nominated, or nominated themselves, to be considered, making this their most competitive year in the history of the survey.
Honeywell also received the Most Ethical recognition in 2008, 2009, and 2012. For more information, read the article on Forbes.com.