TE Connectivity, a world leader in connectivity and sensors, has again been recognized by the Ethisphere Institute, a global leader in defining and advancing the standards of ethical business practices, as one of the 2019 World’s Most Ethical Companies. This is the fifth consecutive year TE has earned this recognition.
“As a company whose purpose is focused on creating a better tomorrow, we must set a high benchmark for how we do business,” said TE Connectivity CEO Terrence Curtin. “TE’s values are our foundation for how we work with our customers, partners and employees around the world so that we can achieve a safer, sustainable, productive and connected future together.”
In 2019, Ethisphere recognized 128 companies spanning 21 countries and 50 industries. The honorees profoundly illustrate how companies continue to be the driving force for improving communities, building capable and empowered workforces, and fostering corporate cultures focused on ethics and a strong sense of purpose.
“Today, employees, investors and stakeholders are putting their greatest trust in companies to take leadership on societal issues. Companies that take the long view with a purpose-based strategy are proven to not only outperform but last,” said Ethisphere’s Chief Executive Officer, Timothy Erblich. “I congratulate everyone at TE Connectivity for earning this recognition.”
Methodology & Scoring
The World’s Most Ethical Company assessment is based upon the Ethisphere Institute’s Ethics Quotient® (EQ) framework, which offers a quantitative way to assess a company’s performance in an objective, consistent and standardized way. The information collected provides a comprehensive sampling of definitive criteria of core competencies, rather than all aspects of corporate governance, risk, sustainability, compliance and ethics.
Scores are generated in five key categories: ethics and compliance program (35%), corporate citizenship and responsibility (20%), culture of ethics (20%), governance (15%) and leadership, innovation and reputation (10%) and provided to all companies who participate in the process.