Amritsar, NFA Post: Information technology major Wipro Ltd has announced that it has been recognised as one of the world’s most ethical companies for the 10th year in succession by Ethisphere Institute.
The Ethisphere Institute, engaged in defining and advancing the standards of ethical business practices, has announced the list of 135 companies representing 47 industries from across 22 countries who have earned their place in the coveted 2021 World’s Most Ethical Companies list, Wipro said in a statement.
Most Ethical Companies honour is reserved for those companies that prioritise ethical behaviour and understand the correlation between values-based leadership and overall business success, the company said.
“Integrity and ethical behavior are central to Wipro’s culture and embodied in the ‘Spirit of Wipro’. To be named as
one of the world’s most ethical companies for the 10th year in a row is a testament to our commitment to business sustainability practices, and transparent standards,” Wipro Chief Executive Officer and Managing Director Thierry Delaporte said.
The World’s Most Ethical Companies assessment is based upon the Ethisphere Institute’s Ethics Quotient framework that analyses over 200 data points on parameters such as
culture, environmental and social practices, ethics and compliance activities, governance, diversity and initiatives to support a strong value chain, Wipro said.
The process captures the best practices of the global organisations and presents each company with a comprehensive analytical scorecard, it added.
This year, the process was streamlined, and the question set expanded to gauge how applicants are adapting and responding to the global health pandemic, environmental, social, and governance factors, safety, equity, and inclusion, and social justice, the company said.
“While addressing the tough challenges of 2020, we
saw companies lead – above all other institutions – on earning the trust of stakeholders through resilience and a commitment to ethics and integrity,” Ethisphere Chief Executive Officer Timothy Erblich said.