Wednesday 29 May 2024
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Hershey recognized as one of the World’s Most Ethical Companies

The connection between good ethical practices and financial performance, called the Ethics Premium, has been tracked for 16 years

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HERSHEY, Pa., USA – The Hershey Company has been recognized among the World’s Most Ethical Companies as rated by Ethisphere, a global leader in advancing the standards of ethical business practices that fuel corporate character, marketplace trust and business success.

This year, The Hershey Company joins a distinguished list of 135 companies, spanning 19 countries and 46 unique industries. The award is bestowed upon publicly-traded companies that demonstrate a connection between ethical practices and financial performance.

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“Among our most treasured aspects of Milton Hershey’s legacy is the concept of doing well by doing good,” said Lauren Lacey, DGC Assist Sec & Chief Compliance Officer. “Operating with a relentless focus on ethics and compliance, and a commitment to sustainability, inclusion, and integrity, helps ensure we are doing good while excelling financially.”

“At Hershey, we are committed to making more moments of goodness,” said Sonia Zeledon, AGC Privacy & Compliance. “Our ethics and integrity have guided how we do business for more than 125 years, and today we are more committed than ever to living our values.”

Gimoka

The World’s Most Ethical Companies historically outperform their peers and competitors financially, demonstrating a tangible return on investmentfor doing the right thing. This year’s honorees outperformed a comparable index of large-cap companies by 13.6 percentage points over a five-year period.

About Ethisphere

Ethisphere is the global leader in defining and advancing the standards of ethical business practices that fuel corporate character, marketplace trust, and business success. Ethisphere has deep expertise in measuring and defining core ethics standards using data-driven insights that help companies enhance corporate character. Ethisphere honors superior achievement through its World’s Most Ethical Companies recognition program, provides a community of industry experts with the Business Ethics Leadership Alliance (BELA). For more information, visit https://ethisphere.com.

Methodology & Scoring

Grounded in Ethisphere’s proprietary Ethics Quotient®, the World’s Most Ethical Companies assessment process includes more than 200 questions on culture, environmental and social practices, ethics and compliance activities, governance, diversity, and initiatives that support a strong value chain. The process serves as an operating framework to capture and codify the leading practices of organizations across industries and around the globe.

Honorees

To view the full list of this year’s honorees, please visit the World’s Most Ethical Companies website, at https://worldsmostethicalcompanies.com/honorees.

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