This year’s global trust survey, conducted by Edelman, the world’s largest independent public relations firm, showed that government is the least trusted institution (trust in goverment suffered its steepest decline in Edelman history), followed by trust in business, while trust in social media is up. For the fifth year in a row, NGOs are the … Continue reading
Ethisphere announced the 100 Most Influential People in Business Ethics on January 19, 2012. The list of 100 individuals represents those that had significant impact in the realm of business ethics over the course of the last year — from law changing hunger strikes to using recycled materials to create $10,000, energy efficient homes — … Continue reading
Here’s a list of annual publications that rank top companies who are trying to do the right thing: – America’s Most Trustworthy Companies www.trustacrossamerica.com – World’s Most Admired Companies – Fortune www.fortune.com (This ranking includes a list of the best & worst in social responsibility) – Green Rankings (environmental performance) – Newsweek www.newsweek.com – Global … Continue reading
I’m reading a 2004 book on trust, “Building Trust: leading CEOs speak out: how they create it, strengthen it, and sustain it,” a publication of the Arthur W. Page Society. The following template for building trust was developed in the 1930’s, “another time of dismay about corporate performance and economic uncertainty.” Arthur W. Page, the … Continue reading
Ethisphere will ring The Opening Bell at the New York Stock Exchange on Wednesday, 9/28/11, at 9:30a.m. EDT with leaders from select NYSE-listed World’s Most Ethical Companies in recognition of the financial success associated with doing business the right way. Companies who will join Ethisphere for the bell ringing include: AECOM, Aflac, Ford, General Electric, … Continue reading
In the 1/19/10 issue of Forbes.com, Don Kraus, CEO, Clorox, discussed how an organization can influence customers with the way it conducts its business. “Influence comes from integrity and trust,” says Mr. Kraus. “Integrity, to me, is the foundation of trust, and trust is the grease of commerce.” To build and maintain trust with customers: … Continue reading
According to HRZone, only 40% of employees say their business is ethical (article by Cath Everett, April 28, 2010). “While employers that adhere to corporate social responsibility and environmentally-friendly business practices show better rates of employee engagement and retention, only two out of five UK staff believe that the organisation they work for behaves ethically.” … Continue reading
A Wall Street Journal article (April 15, 2010) reports that many business schools are giving ethics more classroom time, in response to critics who have suggested that B-schools bear some responsibility for the “culture of excess risk-taking” that contributed to the financial crisis. Faculty are recognizing that … “a company has responsibilities beyond its shareholders’ … Continue reading
The Ethisphere Institute announced its fourth annual selection of the World’s Most Ethical Companies on March 22, 2010. The list shows a strong correlation between business ethics and performance. These companies go beyond making statements about doing business “ethically” and translate those words into action. Investing in ethics is beneficial for any company, even in … Continue reading
A 2/16/10 article in Ethisphere magazine, Cheating: You Have to Sweat the Small Stuff, reports that cheating is widespread in our culture. Rushworth Kidder, the founder of the Institute for Global Ethics and author of books including Moral Courage. found that people consistently tend to cite truth-telling or honesty as one of their five most … Continue reading