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In recognition of its commitment to ethical leadership, Symantec has been named to Ethisphere Magazines second-annual listing of the Worlds Most Ethical Companies. Ethisphere, a think-tank dedicated to the research and promotion of profitable best practices in global governance, business ethics, compliance, and corporate responsibility, revealed the award at the Ethisphere and Forbes joint-conference “Driving Profit through Ethical Leadership,” held on June 3.
Symantec was acknowledged in the computer software category, along with Oracle and Salesforce.com.
"We are delighted to receive this award as it recognizes Symantec's efforts with respect to its developing Corporate Responsibility program,” said Cecily Joseph, Director of Corporate Responsibility. “At Symantec, corporate responsibility is intertwined with the company's core purpose of securing and managing the world's information. We define corporate responsibility as the way in which we fulfill this purpose, with full attention and respect to ethical operation, the environment, and positive social impact.”
Researchers and analysts reviewed several thousand companies as part of a rigorous, multi-step evaluation process to determine the finalists. The 2008 World's Most Ethical Companies methodology committee is comprised of leading attorneys and government officials, professors, and leaders who care about ethical and honest business practices.
“Symantec is among the companies honored this year because they have developed impressive and meaningful ethical business practices, making them true standouts within their industries,” said Alexander Brigham, executive director of Ethisphere Institute. “They go well beyond legal minimums, opting instead to bring about innovative ideas that contribute to the public well being. By their actions, they are forcing their competitors to follow suit or fall behind, and truly embodying the notion that ethical business practices are more profitable in the long run.”
The extensive research process included reviewing more than 10,000 of the world's leading companies on six continents. Ethisphere analysts reviewed codes of ethics, litigation, and regulatory infraction histories; evaluated investment in innovation and sustainable business practices; looked at companies' activities to improve corporate citizenship; studied nominations from senior executives, industry peers, suppliers, and customers; and worked with consumer action groups for feedback and rating.
Symantec highlighted key initiatives aimed towards environmental protection and sustainability, workplace diversity, community service, innovation and other programs that have helped drive leadership in corporate ethics and compliance.
"Symantec continues to build and integrate ethical practices into its business through such compliance efforts as Symantec's code of conduct, our privacy policies, and other workplace practices,” said Harvey Jang, Sr. Corporate Counsel. “We see these efforts as an opportunity to minimize risk, instill company values, and build a global culture of ethical behavior."
A complete list of Worlds Most Ethical companies is currently featured in the Q2 issue of Ethisphere Magazine.
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