Ethisphere lists the 100 most ethical companies which are rated and listed by Et

Question

Ethisphere lists the 100 most ethical companies which are rated and listed by Ethisphere ™ Institute - see http://ethisphere.com every year.  Please choose a company from the current list (do not select a company that another student has already posted information on) and research what that company is doing to merit their outstanding success in being named one of the most ethical companies.  Attach supporting documentation to your discussion. Please be sure and respond to other students' postings

Explanation / Answer

Ethisphere a global expert company that defines and measures the core competencies, corporate ethics, standards on ethical behavior and Corporate social responsibility regarding the companies in all over the world inorder to enhance corporate character, standard of transparency, integrity towards the stake holders

In 2018 Ethisphere has announced 135 global companies as Ethical Companies. The assessment of ethical companies are based on Ethisphere Institute’s Ethical Quotient.

The Ethical Quotient has 5 key factors:-

TATA is one of the global company which received World’s most ethical company award in 2018 for the 6th time.

Why the TATA is stood ethical and awarded by Ethisphere as “World’s most ethical company”

In each and every step of TATA, it follows the “ TATA Code of conduct ” which is designed by Ratan Tata in 1998. It is based on the value system of the TATA which was followed by the Group since it was founded in 1868.

Giving some thing to the society from our earnings is our responsibility. The same was the responsibility shown by TATA groups under Corporate Social Responsibility policy.

Under this, TATA group have established a CSR programe called Tata STRIVE. Tata STRIVE helps people in developing their skills, from which they can succeed in economy.

The 10 Core principles of CSR at TATA are

10) Opportunities for volunteering

At the same time the TATA is the leader in innovation. It established a TATA innovation forum to connect all their company branches all over the world which is managed by Total Quality Management of Services.

It has setup lot of platforms for inviting innovations, new technologies what not. They also conduct work shops world wide to their managers and also conduct seminars and presentations in order to encourage them in innovative thinking.

TATA Goverence has lot of policies like Safety and healthy policy, Environ mental policy, Quality policy, sustainability policy etc.

All the above issues are the reasons for their success and outstanding success in being named one of the most ethical companies

Ref:-

1) TATA official website,

        2) http://www.tata.com/article/inside/tata-power-named-worlds-most-ethical-company-for-third-year-in-succession

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