Harris Corporation Named One of World's Most Ethical Companies by the Ethisphere Institute
April 21 2009 - 9:00AM
PR Newswire (US)
Award Recognizes Real and Sustained Ethical Leadership Within
Various Industries MELBOURNE, Fla., April 21 /PRNewswire-FirstCall/
-- Harris Corporation (NYSE:HRS), an international communications
and information technology company, has been named one of the 2009
World's Most Ethical Companies by the Ethisphere Institute. The
company is one of only 99 among 10,000 evaluated to make the
coveted list by exceeding legal minimums and demonstrating an
ongoing commitment to strong ethical leadership. Harris joins
recognized global leaders on the list, such as Honeywell, Oracle,
American Express and Cisco Systems. Ethisphere's researchers and
analysts use a rigorous, multi-step process to determine the
finalists. Nominated companies are evaluated in seven categories:
Corporate Citizenship and Responsibility; Corporate Governance;
Innovation that Contributes to the Public Well Being; Industry
leadership; Executive Leadership and Tone from the Top; Legal,
Regulatory and Reputation Track Record; and Internal Systems and
Ethics/Compliance Program. "Harris has proven to be one of the
world leaders in upholding high ethical standards, making it a true
standout in its industry, especially as unethical business actions
and decisions grab headlines each day," said Alex Brigham,
executive director of the Ethisphere Institute. "The competition
for this year's World's Most Ethical Companies was very strong and
we applaud Harris for rising to the top. Harris recognizes that
being ethical is not only the right thing to do, it is also good
business practice and leads to more successful and profitable
operations." "Harris is a trusted employer, supplier and partner in
the markets we serve," said Howard L. Lance, chairman, president
and chief executive officer of Harris. "That's the bottom line. The
company has long understood the importance of an ethics- and
values-based business model and has in place mature corporate
governance and business conduct programs, as well as strong
initiatives dedicated to the support of the environment, education
and social responsibility. This award validates our commitment to
promoting an ethics-based culture across our employee base, and we
are honored to be named to the list of the World's Most Ethical
Companies." This is the third year that Ethisphere, a think-tank
dedicated to the creation, advancement and sharing of best
practices in business ethics, corporate social responsibility,
anti-corruption and sustainability, has published the rankings,
which appear in Ethisphere Magazine's Q1 issue. The methodology for
the ranking includes reviewing codes of ethics, litigation and
regulatory infraction histories; evaluating the investment in
innovation and sustainable business practices; looking at
activities designed to improve corporate citizenship; studying
nominations from senior executives, industry peers, suppliers and
customers; and working with consumer action groups for feedback.
The 2009 World's Most Ethical Companies methodology committee,
comprised of leading attorneys, government officials, professors
and organization leaders, were consulted early on in the 2009 WME
process and had the opportunity to review and comment on the
methodology used to rate this year's nominees. Ethisphere
researchers further analyze information provided by the companies
through questionnaires. The complete list of companies can be found
at http://www.ethisphere.org/wme2009. About Ethisphere Institute
The research-based Ethisphere Institute is a leading international
think-tank dedicated to the creation, advancement and sharing of
best practices in business ethics, corporate social responsibility,
anti-corruption and sustainability. The Institute's associated
membership group, the Ethisphere Council, is a forum for business
ethics that includes more than 200 leading corporations,
universities and institutions. The Ethisphere Council is dedicated
to the development and advancement of individuals on its membership
council through increased efficiency, innovation, tools, mentoring,
advice, and unique career opportunities. Ethisphere Magazine, which
publishes the globally recognized World's Most Ethical Companies
Ranking(TM), is the quarterly publication of the Institute. More
information on the Ethisphere Institute, including ranking projects
and membership, can be found at http://www.ethisphere.org/. About
Harris Corporation Harris is an international communications and
information technology company serving government and commercial
markets in more than 150 countries. Headquartered in Melbourne,
Florida, the company has annual revenue of $5.4 billion and 16,000
employees -- including nearly 7,000 engineers and scientists.
Harris is dedicated to developing best-in-class assured
communications(R) products, systems, and services. Additional
information about Harris Corporation is available at
http://www.harris.com/. DATASOURCE: Harris Corporation CONTACT: Jim
Burke, Corporate Headquarters, of Harris Corporation,
+1-321-727-9131, Web Site: http://www.harris.com/
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