Whirlpool Named to 'World's Most Ethical Companies' and 'Most Respected U.S. Companies' Lists
June 11, 2008
Whirlpool Corporation was recently named one of the World's Most Ethical
Companies by the Ethisphere Institute and one of the Top 25 Most Respected U.S.
Companies by the Reputation Institute.
"We are proud to be recognized by Ethisphere
Institute as one of the world's most ethical companies and by the Reputation
Institute as one of the most respected U.S. companies," said Jeff M. Fettig,
Whirlpool Corporation's chairman and CEO. "This type of recognition is possible
only because of the people at Whirlpool who are committed to providing consumers
with excellent, innovative products and services, and who have long conducted
business with integrity. I am proud of all of our people around the globe who
personify Whirlpool Corporation's values and make recognition like this
possible."
World's Most Ethical Companies
The Ethisphere Institute named Whirlpool to
Ethisphere's second-annual World's Most Ethical Companies list. Ethisphere, a
think-tank dedicated to the research and promotion of profitable best practices
in global governance, business ethics, compliance and corporate responsibility,
revealed the award at the Ethisphere and Forbes joint-conference, "Driving
Profit through Ethical Leadership," held on June 3 in New York, N.Y. The list of
World's Most Ethical companies also will be featured in the second quarter issue
of Ethisphere Magazine.
Researchers and analysts reviewed several thousand
companies in order to determine the finalists, which included a rigorous,
multi-step evaluation process. The extensive research process included reviews
of more than 10,000 of the world's leading companies on six continents.
Ethisphere analysts reviewed codes of ethics, litigation and regulatory
infraction histories; evaluated investment in innovation and sustainable
business practices; looked at companies' activities to improve corporate
citizenship; studied nominations from senior executives, industry peers,
suppliers and customers; and worked with consumer action groups for feedback and
rating.
America's Most Respected
Companies
In the third annual survey of U.S. consumers
conducted by Reputation Institute, Whirlpool earned a Pulse rating of 74.41,
placing it 22 on a list of the largest 150 companies in the U.S. and earning
Whirlpool a Top 25 ranking in reputation among measured U.S. companies.
Whirlpool also ranked 18 among the top 20 companies Americans say they would
recommend to others.
Reputation Institute conducts an annual online
Global Pulse Survey of the general public to measure the corporate reputation of
more than 1,000 of the world's largest companies within 27 countries. The
companies were evaluated on seven key dimensions including products and
services, governance, citizenship, workplace, innovation, leadership and
financial performance. In this survey of worldwide consumers, Reputation
Institute included 150 of the largest companies within the U.S.
|