KUALA LUMPUR, March 14 (Bernama) -- Milliken & Company has been recognised as one of the 2023 World’s Most Ethical Companies, for the 17th year in a row, by Ethisphere, a leader in defining and advancing the standards of ethical business practices.
Milliken, the global manufacturing leader is one of 135 honourees spanning 19 countries and 46 industries and one of only six honourees appearing on the World’s Most Ethical Companies list every year since the award was founded in 2007.
“At Milliken, we are guided by a commitment to do the right thing. We are honoured to be recognised once again, and we are proud of the strong sense of integrity that drives our global team,” said its president and chief executive officer, Halsey Cook in a statement.
Doing what is right encourages Milliken to take bold steps across its diverse portfolio. Guided by its five core values namely integrity, excellence, innovation, sustainability and people, Milliken works to be a leader in responsible and sustainable manufacturing.
Its 2025 Sustainability Goals define the company’s work with its products, its people and the planet in addition to Milliken recent announcement on its path toward a net-zero future by 2050 with Science Based Targets initiative (SBTi) approved short and long-term net-zero targets.
Ethisphere’s 2023 Ethics Index, the collection of publicly traded companies recognised as recipients of this year’s World’s Most Ethical Companies designation, outperformed a comparable index of large-cap companies by 13.6 percentage points over a five-year period.
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.
-- BERNAMA
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