Fluor Corporation announced July 2 that it was named to the World’s Most Ethical Companies list by the 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. The list recognizes companies that go beyond the minimums and introduce new and innovative ideas that demonstrate leadership in ethical business practices. As part of the third annual ranking, 99 companies across 35 industry categories were chosen for the Most Ethical Companies List. This year marks the third straight time that Fluor has been named to the list.
“The fact that awards such as Ethisphere’s World’s Most Ethical Companies list exist today versus five or seven years ago speaks volumes about how important this topic has become to global business,” said Wendy Hallgren, Fluor Corporation’s vice president of corporate compliance. “Since Fluor’s inception nearly a century ago, personal ethics and ethical business behavior have been hallmarks of our reputation. We are proud of the countless examples our employees set around the globe on a daily basis.”
“Operating as an ethical leader requires a significant commitment from companies that goes beyond lip service and demands real action and change,” said Alex Brigham, executive director of the Ethisphere Institute. “After a rigorous and competitive selection process, the companies on this year’s list have demonstrated an understanding that ethical practices are not only necessary, but can support a stronger and more solid business overall. We commend them for their admirable contributions to their respective industries and look forward to their continued leadership in the years to come.”
Researchers and analysts reviewed more than 10,000 companies’ codes of ethics, litigation and regulatory infraction histories; investment in innovation and sustainable business practices; activities designed to improve corporate citizenship; nominations from senior executives, industry peers, suppliers and customers; and feedback from consumer action groups. Information was both provided by the companies through questionnaires and collected during additional independent research.
The 2009 World’s Most Ethical Companies advisory panel included Ethisphere editors and researchers, as well as attorneys, government officials, professors and other leaders who play important roles in ethical and honest business practices.
Fluor Corporation designs, builds and maintains many of the world's most challenging and complex projects. Through its global network of offices on six continents, the company provides comprehensive capabilities and world-class expertise in the fields of engineering, procurement, construction, commissioning, operations, maintenance and project management. Headquartered in Irving, Texas, Fluor is a Fortune 200 company and had revenues of $22.3 billion in 2008.