Applied Materials Honored as a 2015 World's Most Ethical Company by the Ethisphere Institute
March 09 2015 - 8:00AM
- Fourth consecutive year
recognized for ethical business practices
SANTA CLARA, Calif., March 9, 2015 - Applied
Materials, Inc. today announced it has been recognized as a 2015
World's Most Ethical Company® by the
Ethisphere Institute, the global leader in defining and advancing
the standards of ethical business practices.
"Applied Materials' reputation as a trusted
business partner is one of our most valuable assets," said Chad
Fentress, vice president, Global Ethics and Compliance at Applied
Materials. "I am proud of our employees for doing business the
right way, every day and I look forward to upholding our strong
tradition of ethical conduct in the future."
This is the fourth consecutive year Applied
Materials has received the annual award, which recognizes
organizations that foster a culture of ethics and transparency at
every level of the company.
"The World's Most Ethical Companies embrace the
correlation between ethical business practice and improved company
performance. These companies use ethics as a means to further
define their industry leadership and understand that creating an
ethical culture and earning the World's Most Ethical Companies
recognition involves more than just an outward facing message or a
handful of senior executives saying the right thing," said
Ethisphere's CEO, Timothy Erblich. "Earning this recognition
involves the collective action of a global workforce from the top
down. We congratulate everyone at Applied Materials for this
extraordinary achievement."
Now in its ninth year, the World's Most Ethical
Company assessment is based upon the Ethisphere Institute's
Ethics Quotient(TM) (EQ) framework developed over years of research
to provide 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 EQ
framework and methodology is 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 (35%), corporate citizenship and
responsibility (20%), culture of ethics (20%), governance (15%) and
leadership, innovation and reputation (10%).
This year, Ethisphere's 2015 World's Most Ethical
Company list featured more than 132 companies spanning 50
industries, 21 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
precision materials engineering solutions for the semiconductor,
flat panel display and solar photovoltaic industries. 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 the global leader in defining and
advancing the standards of ethical business practices that fuel
corporate character, marketplace trust and business success.
Ethisphere has deep expertise in measuring and defining core ethics
standards using data-driven insights that help companies enhance
corporate character. Ethisphere honors superior achievement through
its World's Most Ethical Companies® recognition
program, provides a community of industry experts with the Business
Ethics Leadership Alliance (BELA) and showcases trends and best
practices in ethics with the publication of Ethisphere Magazine and The World's
Most Ethical Companies Executive Briefing. Ethisphere is also
the leading provider of independent verification of corporate
ethics and compliance programs. More information about Ethisphere
can be found at: http://ethisphere.com.
# # #
Applied Materials
Contacts:
Kevin Winston (editorial/media) 408.235.4498
Michael Sullivan (financial community) 408.986.7977
Ethisphere Contact:
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#1899941
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