Electrolux amongst the World’s Most Ethical Companies 2011

Among the world’s top companies recognised for its ethical practices is Electrolux. The Ethisphere Institute reviewed thousands of companies and selected 110 from more than 30 different industries for 2011.

The title is for a three-fold success from implementing initiatives and business practices, including setting a higher ethical example in their industry, while benefiting the community and itself.

The Ethisphere Institute uses a multi-step analysis and thorough research, examining the company’s code of ethics and contrasting it with the company’s history for both regulatory infractions and litigation. They then compare these results with innovations from the company’s investment and sustainable business practices.

Lastly, Ethisphere looks at the ways the company has grown in its responsibility as a corporate citizen by interviewing industry peers, senior executives, customers and suppliers. VP Group Sustainability Affairs, Henrik Sundström said, “This award recognises our undying efforts as a leader in our industry to establish sustainability as a unifying business strategy at Electrolux.”

“As companies strive to maintain a competitive advantage, good ethics translate into better business, and better business means better bottom lines. Electrolux recognizes the important role that principled practices play in brand reputation, which ultimately is the most valuable asset for a corporation,” says Alex Brigham, Executive Director of the Ethisphere Institute. “Each year, the competition gets more intense for the World’s Most Ethical Companies and this year was no exception with a record number of organizations vying for this distinguished honor.”

Ethisphere Institute is a think-tank dedicated to the creation, advancement and sharing of best practices in business ethics, corporate social responsibility, anti-corruption and sustainability. This is the fifth year Ethisphere Institute publishes the World’s Most Ethical rankings. Read about the methodology and view the complete list at

http://ethisphere.com/worlds-most-ethical-companies-rankings/