With the focus being on becoming an altruistic corporate citizen or a company, Ford has once again been included in the list of the Most Ethical Companies in the world.
This is the eighth consecutive time that this has happened. It's also the longest consecutive period for which any car manufacturer has managed to stay on this list. This is also why Ford is one of the most valuable and loved automobile manufacturers in the world. And unlike Government Motors or GM, Ford never needed a bailout!
Commitment
https://commons.wikimedia.org/wiki/File:Ford_logo.svg
Ford is a part of the top 100 companies chosen from among thousands of companies in 36 industries in 100+ countries.
The commitment of Ford when it comes to ethics is quite evident from their programs which have been aimed at monitoring safe working conditions and human rights, sourcing minerals that are free from conflict, and programs like the cleaner environment partnership which helps encourage sustainability through the supply chain currently being used by Ford.
Ford even fosters a number of long-term relationships with a number of suppliers through their active engagement including sharing their best practices and providing evaluations and training in order to make sure that suppliers meet legal requirements as well as the standards set by Ford.
Business Philosophy
https://commons.wikimedia.org/wiki/File:Bill_Ford_2012-02-27_002.jpg
Bill Ford, the executive chairman at Ford right now, said that their corporate citizenship and strong ethics were the foundation of their business philosophy which shows their customers what they stand for as an automaker. He added that the honor was a direct reflection of the core values of Ford, and shows that the employees are going to continue making the right decisions each day for all of their stakeholders.
This is an honor which greatly underscores all the effort that is put in by the people at Ford who have consistently and diligently worked day in and day out. This shows everyone that Ford is not just about trying to make money but is also about doing the right thing. Ford makes choices that not only help out the company and its stock price but that are smart for humanity.
This is why people want to do business with Ford, because Ford is managed well and is making sound and very prudent decisions. On top of this, they make incredible products.
This list of the most ethical companies in the world by Ethisphere honors and acknowledges companies which recognize that they have a larger role to play in society when it comes to driving or influencing positive changes. Such companies consider employees, customers, investors, and key stakeholders whenever any action is being planned, while the culture and values align with decisions they are making on a daily basis.
Ethics
http://www.picserver.org/b/business-ethics.html
Some of the most ethical companies in the world have taken a very novel response as far as the shift in expectations of the society, the geo-political climate, and the continuous redefinition of regulations and laws are concerned. Ford has responded to all challenges while continuing to invest in communities where they are residing and embracing every ethical strategy around the world, as a sustainable advantage for their business.
The process that is followed by analysts and researchers when it comes to this selection includes:
A complete review of the code of ethics, regulation infractions, and litigation history.
A complete evaluation of the investment in sustainable business practices and innovation.
A look at the activities designed for improving corporate citizenship.
Input in the form of nominations from various senior executives, peers in the industry, customers, and suppliers.
All the information is provided to the institute using formal questionnaires as well as through additional research conducted by independent organizations.
This procedure helps Ford maintain its position in the coveted list and enables customers and investors to trust the system.