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For the eighth consecutive year, JLL (NYSE: JLL) has been named a 2015 "World's Most Ethical Company® by The Ethisphere Institute, the global leader in defining and advancing the standards of ethical business practices.
"Eight straight years as one of the 'World's Most Ethical Companies' confirms the value we place on ethical conduct at JLL," said Colin Dyer, President and Chief Executive Officer. "Integrity, a fundamental part of our culture, serves the interests of clients, shareholders and employees alike," Dyer added.
The "World's Most Ethical Companies" designation recognizes those organizations that have had a material impact on the way business is conducted by fostering a culture of ethics and transparency at every level of the company. Beyond the professional benefits of ethical business practices, a stock performance analysis by Ethisphere has also identified potential earning premium for investing in Most Ethical Companies. JLL is the only real estate company to have achieved this honor for eight years.
"Congratulations and thanks to all our employees — from our global team of Ethics Officers and Liaisons to all our colleagues around the world — for making ethical behavior a standard business practice at JLL." said Mark J. Ohringer, General Counsel and Chief Ethics Officer. "Having conducted business for more than 250 years, we know what it takes to maintain a successful organization for the long-term, and acting responsibly and transparently is at the core."
"The World's Most Ethical Companies embrace the correlation between ethical business practice and improved company performance. These companies use ethics as a means to further define their industry leadership and understand that creating an ethical culture and earning the World's Most Ethical Companies recognition involves more than just an outward facing message or a handful of senior executives saying the right thing," said Ethisphere's Chief Executive Officer, Timothy Erblich. "Earning this recognition involves the collective action of a global workforce from the top down. We congratulate everyone at JLL for this extraordinary achievement."
The World's Most Ethical Company assessment is based upon the Ethisphere Institute's Ethics Quotient™ (EQ) framework developed over years of research to provide a means to assess an organization's performance in an objective, consistent and standardized way. The information collected provides a comprehensive sampling of definitive criteria of core competencies, rather than all aspects of corporate governance, risk, sustainability, compliance and ethics. The EQ framework and methodology is determined, vetted and refined by the expert advice and insights gleaned from Ethisphere's network of thought leaders and from the World's Most Ethical Company Methodology Advisory Panel.
Scores are generated in five key categories: ethics and compliance program (35 percent), corporate citizenship and responsibility (20 percent), culture of ethics (20 percent), governance (15 percent) and leadership, innovation and reputation (10 percent).
The full list of the 2015 World's Most Ethical Companies can be found at http://ethisphere.com/worlds-most-ethical/wme-honorees/.
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