Gap, Ebay, Costco among retailers on Most Ethical list
Gap Inc., Ebay, Safeway, Wegmans, Whole Foods, Costco, Target, Best Buy and OfficeMax were all named to Ethisphere Institute’s World’s Most Ethical Companies list.
The companies were chosen based on an evaluation of a questionnaire provided by Ethisphere to determine each company’s Ethics Quotient (EQ).
Companies were evaluated for their own ethics policies and enforcement of such policies, ethical track record and reputation in the market place, corporate governance, corporate responsibilities and culture of ethics.
“The work we do every day touches millions of people around the world. And how we do our work is as important as what we do. This is why our inclusion in Ethisphere’s list of the World’s Most Ethical Companies is so important to me and our company. Every day, we promise our employees and our customers that we will conduct ourselves and our business with the highest level of integrity, and this honor recognizes that commitment,” said John Donahoe, CEO and president, Ebay Inc.
The research-based Ethisphere Institute is an international think-tank dedicated to the creation, advancement and sharing of best practices in business ethics, corporate social responsibility, anti-corruption and sustainability.