Singtel Named as a 2014 World’s Most Ethical Company by The Ethisphere Institute for 4th Year
Only Singapore and Southeast Asian company included in list
Singapore, 21 March 2014 – Singtel has been recognised by the Ethisphere Institute, an independent centre of research promoting best practices in corporate ethics and governance, as a 2014 World’s Most Ethical Company®.
This is the fourth time that Singtel is being honoured with this award, which recognises organisations that continue to raise the bar on ethical leadership and corporate behaviour. Singtel is the only Singapore and Southeast Asian company honoured this year.
Ms Aileen Tan, Singtel Group Director Human Resources, said: “Environmental, social and governance issues and performance are integral to our corporate sustainability and responsibility strategy. At Singtel, we are committed to an on-going process to better understand our internal and external drivers as we strive to differentiate ourselves in this highly competitive market. This is a journey and we will continue to work harder.”
“The entire community of World’s Most Ethical Companies believe that customers, employees, investors and regulators place a high premium on trust and that ethics and good governance are key in earning it,” said Ethisphere’s Chief Executive Officer, Timothy Erblich. “Singtel joins an exclusive community committed to driving performance through leading business practices. We congratulate everyone at Singtel for this extraordinary achievement.”
The World's Most Ethical Company assessment is based upon the Ethisphere Institute’s Ethics Quotient™ framework. The Ethics Quotient framework has been developed over years of effort to provide a means to assess an organisation’s performance in an objective, consistent and standardised 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.
For more information, please visit the Methodology Advisory Panel.