The Rezidor Hotel Group, one of the most dynamic hotel companies in the world and a member of the Carlson Rezidor Hotel Group, has been recognized by the Ethisphere Institute, the global leader in defining and advancing the standards of ethical business practices, as a 2016 World’s Most Ethical Company® for the 7th consecutive year. Additionally, since four years it is the only Belgium company who has achieved this status.
This year marks the tenth anniversary of Ethisphere and the World’s Most Ethical Companies designation, which recognizes those companies who align principle with action, work tirelessly to make trust part of their corporate DNA, and in doing so, they shape future industry standards by introducing tomorrow’s best practices today.
Being a seven consecutive year honoree underscores Rezidor’s commitment to leading ethical business standards and practices, ensuring long-term value to key stakeholders including customers, employees, suppliers, regulators and investors.
“The Ethisphere award is a great recognition of our efforts in creating and maintaining strong corporate compliance standards, governance procedures and an inspiring work environment for our people to thrive in. It salutes our robust responsible business program built around three key focus: Think Planet, Think People, Think Together. Receiving the World’s Most Ethical Hotel Company award for the 7th consecutive year is an honor for all 40,000 Rezidorians.”– said Wolfgang M. Neumann, President and CEO of The Rezidor Hotel Group.
"Companies rely on Ethisphere to continually raise and measure the standards of corporate behavior. Those that demonstrate leadership in areas like citizenship, integrity and transparency create more value for their investors, communities, customers and employees, thus solidifying a sustainable business advantage," explained Ethisphere’s Chief Executive Officer, Timothy Erblich. "Congratulations to everyone at The Rezidor Hotel Group for being recognized as a World's Most Ethical Company."
The World's Most Ethical Company assessment is based upon the Ethisphere Institute’s Ethics Quotient™ (EQ) framework developed over years of research and vetted and refined by the expert advice from Ethisphere’s World’s Most Ethical Company Methodology Advisory Panel. The EQ offers a quantitative way to assess a company’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 full list of the 2016 World's Most Ethical Companies can be found at http://ethisphere.com/worlds-most-ethical/wme-honorees/
Published Mar 10, 2016 11am EST / 8am PST / 4pm GMT / 5pm CET
Sustainable Brands Staff