Applied Materials Honored as a 2016 World's Most Ethical Company
March 07 2016 - 4:05PM
- Recognized for five consecutive
years for ethical business practices by the Ethisphere
Institute
SANTA CLARA, Calif., March 7, 2016 - Applied
Materials, Inc. today announced it has been recognized as a 2016
World's Most Ethical Company® by the
Ethisphere Institute, a global leader in defining and advancing the
standards of ethical business practices.
"We strive to maintain a high ethical standard in
every interaction with employees, customers, suppliers, competitors
and the public," said Steve Adams, vice president, Ethics and
Compliance at Applied Materials. "It is an honor to be recognized
for fostering a culture of ethics and transparency throughout the
company for the fifth consecutive year."
Applied Materials is one of only six companies
recognized in the Electronic Components & Semiconductors
category, underscoring its commitment to leading ethical business
standards and practices.
"We commend Applied Materials for consistently
maintaining a strong ethics program that is engrained into the
company's culture," said Ethisphere's Chief Executive Officer,
Timothy Erblich. "Our data shows companies like Applied that
demonstrate leadership in areas including citizenship, integrity
and transparency create more value for their investors,
communities, customers and employees."
The World's Most Ethical Company assessment is
based upon the Ethisphere Institute's Ethics Quotient(TM) (EQ)
framework developed over years of research and vetted and refined
by the expert advice from Ethisphere's World's Most Ethical Company
Methodology Advisory Panel. The EQ offers a quantitative way to
assess a company's performance in an objective, consistent and
standardized way.
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%) and provided to all
companies who participate in the process.
To view the full list of the 2016 World's Most
Ethical Companies, visit
http://worldsmostethicalcompanies.ethisphere.com/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
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. 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 480.397.2658
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
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