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Daily CSR

Daily CSR

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National Grid Has Been Honoured As A ‘2017 World’s Most Ethical Company’



03/30/2017

National Grid’s work culture breathes inclusion as an essential element.


National Grid Has Been Honoured As A ‘2017 World’s Most Ethical Company’
Dailycsr.com – 29 March 2017 – Ethisphere Institute recognised National Grid as a “2017 World’s Most Ethical Company®”. The latter is defines and advances the “standards of ethical business practices” as a world leader. It is the seventh time that National Grid has been awarded the said recognition, while it is also one of the only six companies in the “Energy & Utilities industry” that underscores “its commitment” following “ethical business standards and practices”.
 
The National Grid U.S. president, Dean Seavers, said:
“At National Grid, we’ve established a workplace culture where inclusion is the air we breathe, intolerance in any form is unacceptable, and always doing the right thing is part of our DNA. We’re a hyper-local company – our employees are our customers, and our customers are our neighbors – so it’s a natural foundation for the way we run our business.”
 
Ethisphere has reached its eleventh year in the journey of honouring companies for recognising their social roles whereby influencing and driving positive changes in the society, besides considering “the impact of their actions” starting from their employees to their customers and investors as they use their culture and values to influence their decision making process on a daily basis. The C.E.O of Ethisphere, Timothy Erblich:
“Over the last 11 years, we have seen the shift in societal expectations, constant redefinition of laws and regulations and the geo-political climate. We have also seen how companies honored as the World’s Most Ethical respond to these challenges. They invest in their local communities around the world, embrace strategies of diversity and inclusion, and focus on ‘long term-ism’ as a sustainable business advantage. Congratulations to everyone at National Grid for being recognized as a World's Most Ethical Company."
 
Talking about the measures that makes a company the most ethical one in the world, Ethical Performance reports:
“The Ethisphere Institute uses its Ethics Quotient® (EQ) framework to measure each company’s performance in an objective, consistent and standardized way. Scores are generated based on core competencies 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%). Ethisphere then provides companies that participate in the process with their scores”.
 
 
 
 
References:
ethicalperformance.com