Applied Materials Honored as a 2014 World's Most Ethical Company by the Ethisphere Institute
March 20 2014 - 9:00AM
Third consecutive
year recognized for ethical business practices
SANTA CLARA, Calif., March 20, 2014 - Applied
Materials, Inc. today announced that it was named a 2014 World's
Most Ethical Company® by the
Ethisphere Institute, an independent center of research promoting
best practices in corporate ethics and governance.
"Ethical business practices are foundational to
Applied Materials' success," said Tom Larkins, senior vice
president, general counsel and corporate secretary at Applied
Materials. "We recognize that ethics are a shared
responsibility and would like to thank our employees for their
continued commitment."
This is the third consecutive year Applied
Materials has received the annual award, which recognizes
organizations that continue to demonstrate ethical leadership and
corporate behavior.
"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.
Now in its eighth year, the World's Most Ethical
Company List is derived from the Ethics Quotient(TM) framework
developed by the Ethisphere Institute, which provides a means to
assess an organization's performance in an objective, consistent
and standardized 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. The Ethics
Quotient framework and methodology was determined, vetted and
refined by the expert advice and insights gleaned from Ethisphere's
network of thought leaders and from the World's Most Ethical
Company Methodology Advisory Panel. Scores are generated in five
key categories: ethics and compliance program (25%), reputation,
leadership and innovation (20%), governance (10%), corporate
citizenship and responsibility (25%) and culture of ethics
(20%).
This year, Ethisphere's 2014 World's Most Ethical
Company list featured more than 144 companies spanning 41
industries, 22 countries and 5 continents. To view the complete
list, visit
www.ethisphere.com/worlds-most-ethical/wme-honorees/.
For additional information on Applied Materials'
ethical business conduct, visit
www.appliedmaterials.com/about/cr.
About Applied
Materials
Applied Materials, Inc. (Nasdaq:AMAT) is the global leader in
providing innovative equipment, services and software to enable the
manufacture of advanced semiconductor, flat panel display and solar
photovoltaic products. Our technologies help make innovations like
smartphones, flat screen TVs and solar panels more affordable and
accessible to consumers and businesses around the world. Learn more
at www.appliedmaterials.com.
About the Ethisphere
Institute
The Ethisphere® Institute is an independent center of research,
best practices and thought leadership that promotes best practices
in corporate ethics and governance and enables organizations to
improve compliance, mitigate risk, and enhance relationships with
employees, business partners, investors and the broad regulatory
community. Ethisphere evaluates and benchmarks compliance and
governance programs, honors superior achievement through its
World's Most Ethical Companies® recognition program and publishes
Ethisphere Magazine. Ethisphere is also the
leading provider of independent verification of corporate ethics
and compliance programs that include: Ethics Inside® Certification,
Compliance Leader Verification(TM) and Anti-Corruption Program
Verification(TM). More information about Ethisphere can be found
at: www.ethisphere.com.
# # #
CONTACT:
For Applied Materials
Kevin Winston (editorial/media) 408.235.4498
Michael Sullivan (financial community) 408.986.7977
For
Ethisphere
Clea Nabozny 408.397.2658
This
announcement is distributed by NASDAQ OMX Corporate Solutions on
behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: Applied Materials via Globenewswire
HUG#1770299
Applied Materials (NASDAQ:AMAT)
Historical Stock Chart
From Mar 2024 to Apr 2024
Applied Materials (NASDAQ:AMAT)
Historical Stock Chart
From Apr 2023 to Apr 2024