PRESS RELEASE – BW – Milliken & Company Garners 2023 World’s Most Ethical Companies Designation

For the seventeenth year in a row, diversified global manufacturer Milliken and Company has been recognized by Ethisphere, a leader in defining and advancing the standards of ethical business practices, as one of the 2023 World’s Most Ethical Companies. Milliken is one of 135 honorees spanning 19 countries and 46 industries and one of only six honorees appearing on the World’s Most Ethical Companies list every year since the award was founded in 2007.

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Milliken is a 17-time World’s Most Ethical Companies honor, one of only six companies included on the list each year since it was first published. (Graphic: Business Wire)

‘At Milliken, we are guided by a commitment to do the right thing,’ shared Halsey Cook, president and CEO of Milliken and Company. ‘We’re honored to be recognized once again, and we’re proud of the strong sense of integrity that drives our global team.’

Doing what is right encourages Milliken to take bold steps across its diverse portfolio. Guided by its five core values-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, Milliken recently announced its path toward a net-zero future by 2050 with Science Based Targets initiative (SBTi) approved short- and long-term net-zero targets.

‘Milliken has been a part of our World Most Ethical Companies honorees for the last 17 years-the only industrial manufacturer to meet the 17-time honoree milestone,’ said Ethisphere CEO, Erica Salmon Byrne. ‘We commend the entire team on their dedication to making real impact for their stakeholders and commitment to exemplary values-based leadership.’

Ethisphere’s 2023 Ethics Index, the collection of publicly traded companies recognized 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.

Methodology and 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, visit the World’s Most Ethical Companies website.

Source: Cyprus News Agency