For the past several years, ABB has been recognized worldwide and in its industry for ethical business practices by the research-based Ethisphere® Institute, a leading international think-tank dedicated to the creation, advancement and sharing of best practices in business ethics, corporate social responsibility, anti-corruption and sustainability. Ethisphere provides the only third-party verifications of compliance programs and ethical cultures that include Compliance Leader Verification™ and Anti-Bribery Management System Verification™. ABB has earned both of them. More information on the Ethisphere Institute, including ranking projects and membership, can be found at www.ethisphere.com.
“Ethisphere recognizes companies with best-in-industry compliance programs – those organizations that have made the decision to proactively invest in compliance, thereby sending a clear signal to key stakeholders that their company takes its commitment to compliance and ethics seriously. Verified Compliance Leaders are the companies that use ethical leadership as a profit driver. The compliance programs of Verified Compliance Leaders are demonstrable superior to industry requirements and standards, putting Ethisphere’s credo of ‘Good. Smart. Business. Profit.’ into real business practice.”
“Leveraging Ethisphere's proprietary methodology, the ISO37001 Verification program offers a data-driven, objective, independent verification of a company's anti-bribery management and systems, including a comprehensive review of policies, procedures, training, communication, controls, systems, and enforcement.”