10 Companies With Ethical Corporate Policies

8/18/2019 10 Companies With Ethical Corporate Policies

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10 Companies With Ethical Corporate Policies

It's not often that companies are celebrated for good behavior. Here arecorporations with policies we can support.

Between the cutthroat competition and questionable actions taken in order to extendprofit margins, it's pretty easy to paint the corporate world in a negative light. However,

there are plenty of companies out there that hold themselves to a higher standard and

show respect for the world around them. rom having the best employee benefits to the

championing of education and the environment, this list honors the companies with

stellar moral practices.

10. Salesforce.com

or years, Salesforce.com !"#$%&() * has been honored for its philanthropy and

good practices. +hrough its $alesforce.com oundation, the company has donatedmillions of dollars toward education grants and technology, and even discounts its

services to nonprofit organi-ations. +he company also encourages its employees to get

into the action by giving them six days off per year to do any type of charitable work

they choose. $aleforce.com frequently ranks highly on lists of companies offering the

best salaries and hourly rates for employees.

http://finance.minyanville.com/minyanville?Page=QUOTE&Ticker=CRMhttp://www.salesforce.com/company/foundation/http://www.salesforce.com/company/foundation/http://finance.minyanville.com/minyanville?Page=QUOTE&Ticker=CRM


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9. Starbucks

hile some may argue that Starbucks!"/$0/1&$B23 * has no place on this list due

to its competitioncrushing business practices, the company's bad press shouldn't

outshine what it does for society. hile it isn't perfect, the company is often quick to fix

its environmental problems, from greatly reducing the water it uses for its dipper well to

using recycled paper in its cups. +he company also encourages consumers to beenvironmentally conscious by offering a 45cent discount to those who bring their own

reusuable cups and giving free coffee grounds to consumers who want to use them for

compost. $tarbucks is also dedicated to its baristas, offering them full health insurance

benefits and stock awards. In addition, like another controversial company on this list,

the company is also a vocal advocate of samesex marriage.

http://finance.minyanville.com/minyanville?Page=QUOTE&Ticker=SBUXhttp://finance.minyanville.com/minyanville?Page=QUOTE&Ticker=SBUX


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8. Goldman Sachs

Goldman Sachs !"#$%&6$ * could easily be seen as the most controversial pick for

this list because of its business ethics. But its vocal support of marriage equality has

earned it some merit in terms of social ethics. In ebruary 7547, $achs %8 9loyd

Blankfein appeared in a human rights campaign ad advocating marriage equality, much

to the surprise of all $treet. +he move was not without consequence& It was reportedthat a highprofile client dropped its account with 6oldman $achs after the

announcement, but the company has maintained its position. +o those of you thinking

that 6oldman $ach's support of samesex marriage is a way of buying goodwill, keep in

mind that since at least 755:,the company has offered to completely fund its employee's

gender reassignment surgery pro bono.

http://finance.minyanville.com/minyanville?Page=QUOTE&Ticker=GShttp://www.youtube.com/watch?feature=player_embedded&v=cSv5bXC2ANghttp://www.youtube.com/watch?feature=player_embedded&v=cSv5bXC2ANghttp://www.huffingtonpost.com/2012/05/02/goldman-sachs-gay-marriage_n_1472367.htmlhttp://www.huffingtonpost.com/2012/05/02/goldman-sachs-gay-marriage_n_1472367.htmlhttp://www.huffingtonpost.com/2012/05/02/goldman-sachs-gay-marriage_n_1472367.htmlhttp://money.cnn.com/2008/02/08/news/companies/gender.fortune/index.htmhttp://money.cnn.com/2008/02/08/news/companies/gender.fortune/index.htmhttp://finance.minyanville.com/minyanville?Page=QUOTE&Ticker=GShttp://www.youtube.com/watch?feature=player_embedded&v=cSv5bXC2ANghttp://www.youtube.com/watch?feature=player_embedded&v=cSv5bXC2ANghttp://www.huffingtonpost.com/2012/05/02/goldman-sachs-gay-marriage_n_1472367.htmlhttp://www.huffingtonpost.com/2012/05/02/goldman-sachs-gay-marriage_n_1472367.htmlhttp://www.huffingtonpost.com/2012/05/02/goldman-sachs-gay-marriage_n_1472367.htmlhttp://money.cnn.com/2008/02/08/news/companies/gender.fortune/index.htmhttp://money.cnn.com/2008/02/08/news/companies/gender.fortune/index.htm


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7. ltimate Soft!are

/nother company that en;oys hero status for its treatment of its employees isltimate

Soft!are !"/$0/1&29+I *. %very year the company rises in the ranks as one of the

best companies to work for because of perks like the 455< free health care it offers its

employees, including complete coverage for all their dependents. +he company also

gives its employees an allexpenses paid vacation every two years. 2ltimate $oftware isen;oys a6(%/+ 0%/9 of diversity in its hiring practices at least =>< of its staff are

women, and ??< are minorities.

http://finance.minyanville.com/minyanville?Page=QUOTE&Ticker=ULTIhttp://www.minyanville.com/sectors/consumer/articles/Good-Business253A-Corporations-with-Great-Ethical/2/16/2013/id/48045#37649397http://finance.minyanville.com/minyanville?Page=QUOTE&Ticker=ULTIhttp://www.minyanville.com/sectors/consumer/articles/Good-Business253A-Corporations-with-Great-Ethical/2/16/2013/id/48045#37649397


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". #uStar Ener$%

It's not often that oil companies are thought of as ethical, but #uStar&s

Ener$%!"#$%&"$ * treatment of its employees regularly lands it on lists of the best

companies to work for. +he company pays 455< of its workers' health insurance

premium, and even matches =54!k* contributions up to >


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'. S(S )nstitute

$/$ Institute is another software company that is renowned for its employee benefits.

%mployees at $/$ receive subsidi-ed )ontessori child care, unlimited sick time, and

access to a free health center. +he company also fosters a strong sense of community@

its staff has intramural sports leagues, and the company has never had a layoff. $/$

also supports education philanthropy, particularly programs that are dedicated topromoting science, technology, engineering, and mathematics programs for children.

+he company also encourages its employees to volunteer at various charities and

even)/A%$ /$H contributions to nonprofit programs where the employees

volunteer.

http://www.sas.com/company/csr/education.html#s1=4http://www.sas.com/company/csr/education.html#s1=4http://www.minyanville.com/sectors/consumer/articles/Good-Business253A-Corporations-with-Great-Ethical/2/16/2013/id/48045#94140070http://www.sas.com/company/csr/education.html#s1=4http://www.sas.com/company/csr/education.html#s1=4http://www.minyanville.com/sectors/consumer/articles/Good-Business253A-Corporations-with-Great-Ethical/2/16/2013/id/48045#94140070


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*. Pata$onia

hile most winter and outdoor clothing companies advocate environmentalism to some

degree, atagonia is dedicated enough to the cause to let it seriously affect its bottom

line. In 4C:D, the company started the 4< for the lanet pledge and has consistently

asked other companies to ;oin it in donating 4< of its sales to help save the

environment. %ven more impressive is the fact that atagonia, aware of the impact itsbusiness has on the environment, has frequently asked its consumers to refrain from

buying its products if they don't really need them

http://www.onepercentfortheplanet.org/en/http://www.patagonia.com/email/11/112811.htmlhttp://www.patagonia.com/email/11/112811.htmlhttp://www.onepercentfortheplanet.org/en/http://www.patagonia.com/email/11/112811.htmlhttp://www.patagonia.com/email/11/112811.html


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+. )ntel

$ince 4C::, the computer chip manufacturer )ntel !"/$0/1&I"+ * has been trying to

bolster its reputation through its efforts to strengthen technological education. +hrough

the Intel oundation, the company hosts the Intel $cience +alent $earch and the

international $cience and %ngineering air to help encourage $+%) !science,

technology, engineering, and mathematics* education for young people. Intel is alsointerested in making these areas more diverse@ the company has many donation funds

and programs to encourage girls and underprivileged minorities to study in these fields.

%mployees of Intel also experience the company's dedication to education through a

very strange corporate perk the company promotes or reassigns them to different

fields and areas every 4> to 7= months, in the interest of making sure that workers

never become bored with their roles, and encouraging them to explore new fields.

/ccepted employees are often told, Eelcome to your next five ;obs.E

http://finance.minyanville.com/minyanville?Page=QUOTE&Ticker=INTChttp://www.intel.com/content/www/us/en/corporate-responsibility/intel-foundation.htmlhttp://www.intel.com/content/www/us/en/corporate-responsibility/intel-foundation.htmlhttp://money.cnn.com/magazines/fortune/best-companies/2012/snapshots/46.htmlhttp://money.cnn.com/magazines/fortune/best-companies/2012/snapshots/46.htmlhttp://finance.minyanville.com/minyanville?Page=QUOTE&Ticker=INTChttp://www.intel.com/content/www/us/en/corporate-responsibility/intel-foundation.htmlhttp://www.intel.com/content/www/us/en/corporate-responsibility/intel-foundation.htmlhttp://money.cnn.com/magazines/fortune/best-companies/2012/snapshots/46.htmlhttp://money.cnn.com/magazines/fortune/best-companies/2012/snapshots/46.html


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,. -icrosoft

6iven the fact that it was started by Bill 6ates, one of /merica's most generous

philanthropists, it follows that -icrosoft!"/$0/1&)$+ * would do well in following

his example. +he tech company and its employees donate over F4 billion yearly to

charities and nonprofit organi-ations. If that wasn't enough, )icrosoft's management

and employee's have also decided to tackle (merica&s ) professionals shorta$e

throu$h its E(/S pro$ram. +hrough the +%/9$ program, )icrosoft employees are

encouraged to volunteer at local schools to instruct students in computer science, in the

hopes that it will inspire them to enter the technology industry. It's only natural that

)icrosoft employees would be generous people@ in addition to being among the highest

paid employees in /merica, they also en;oy a plethora of perks, including 455<

coverage on their health care premiums.

http://finance.minyanville.com/minyanville?Page=QUOTE&Ticker=MSFThttp://www.triplepundit.com/2013/01/corporate-giving-programs-going-strong/http://www.minyanville.com/sectors/technology/articles/Microsoft-MSFT-Teals-Apple-AApl-Windows/10/2/2012/id/44573http://www.minyanville.com/sectors/technology/articles/Microsoft-MSFT-Teals-Apple-AApl-Windows/10/2/2012/id/44573http://finance.minyanville.com/minyanville?Page=QUOTE&Ticker=MSFThttp://www.triplepundit.com/2013/01/corporate-giving-programs-going-strong/http://www.minyanville.com/sectors/technology/articles/Microsoft-MSFT-Teals-Apple-AApl-Windows/10/2/2012/id/44573http://www.minyanville.com/sectors/technology/articles/Microsoft-MSFT-Teals-Apple-AApl-Windows/10/2/2012/id/44573


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1. Goo$le

/lthough some may critici-e the company,Goo$le !"/$0/1&6886 * regularly makes

good on its motto& E0on't be evil.E +hrough its 6oogle 6reen rogram, the company has

donated over F4 billion to renewable energy pro;ects, and has decreased its own

footprint by using energy efficient buildings and public transportation. +he company is

also a staunch advocate of free speech, which can be observed from its frequentconflicts with the hinese government. 6oogle is also an open supporter of gay rights.

#et all this pales in comparison to 6oogle's status as a paragon for employee benefits.

Gust to name a few, 6oogle employees have access to free health care and treatment

from onsite doctors, free legal advice with discounted legal services, a fully stock snack

pantry and onsite cafeteria !staffed by worldclass chefs, no less*, and a free onsite

nursery. ith such a stellar record of social awareness and positive employee relations,

6oogle is easily the best example of ethics in the corporate world today.

Two Indian companies among most ethical in the

world

http://finance.minyanville.com/minyanville?Page=QUOTE&Ticker=GOOGhttp://www.google.com/green/http://www.google.com/publicpolicy/issues/freedom-of-expression.htmlhttp://finance.minyanville.com/minyanville?Page=QUOTE&Ticker=GOOGhttp://www.google.com/green/http://www.google.com/publicpolicy/issues/freedom-of-expression.html


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There are many companies in the world, but not all do business ethically.

Ethisphere Institute, an American think-tank, has come out with a list that shows that

145 companies in countries like the !, "reat #ritain, $apan, %ortugal and India stood

out &or setting high standards o& employee beha'iour and conduct.

(et)s take a look at the companies, including two &rom India, that ha'e been rated most

ethical by the institute.

Tata Steel

Tata !teel (imited is a multinational steel company head*uartered in +umbai, and

subsidiary o& Tata "roup. It is the 1th-largest steel producing company in the world,

with an annual crude steel capacity o& .5 million tonnes, and the largest pri'ate-sector

steel company in India measured by domestic production.

Wipro

/ ipro (imited is an Indian global IT ser'ices and consulting company head*uarteredin #angalore, India. As o& 1, it is the second-largest IT ser'ices company by turno'er

in India, employing about 1, people worldwide as o& 0ecember 11.

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10 Companies With Ethical Corporate Policies