Ethisphere Announces Waste Management as One of the 2021 World's Most Ethical Companies for the 12th Time
February 23 2021 - 3:28PM
Business Wire
Recognition honors those companies who
understand the importance of leading, making hard but values-based
decisions, and their overall commitment to integrity.
Waste Management (NYSE:WM) was recognized today by Ethisphere, a
global leader in defining and advancing the standards of ethical
business practices, as one of the 2021 World’s Most Ethical
Companies.
WM has been recognized 12 times for the designation and is the
only honoree in the Environmental Services industry. In 2021, 135
honorees were recognized spanning 22 countries and 47
industries.
“We are proud of the World’s Most Ethical Companies designation,
and I’d like to thank our nearly 50,000 team members for their many
contributions that enable us to play a vital role in the
communities we serve,” said Waste Management President and CEO Jim
Fish. “Waste Management’s foundational commitments are people first
and success with integrity, and they are backed by our core values
which focus on our customers, our environment, our dedication to
safety and our continuous goal to create great places to work for
all.”
“While addressing the tough challenges of 2020, we saw companies
lead – above all other institutions – on earning the trust of
stakeholders through resilience and a commitment to ethics and
integrity,” said Ethisphere CEO, Timothy Erblich. “The
World’s Most Ethical Companies honorees continue to demonstrate an
unwavering commitment to the highest values and positively
impacting the communities they serve. Congratulations to everyone
at Waste Management for earning the World’s Most Ethical Companies
designation.”
Ethics & Performance
Ethisphere’s 2021 Ethics Index, the collection of
publicly-traded companies recognized as recipients of this year’s
World’s Most Ethical Companies designation, outperformed a
comparable index of large cap companies by 7.1 percentage points
over the past five calendar years.
Methodology & Scoring
Grounded in Ethisphere’s proprietary Ethics Quotient®, the
World’s Most Ethical Companies assessment process includes more
than 200 questions on culture, environmental and social practices,
ethics and compliance activities, governance, diversity and
initiatives to support a strong value chain. The process serves as
an operating framework to capture and codify the leading practices
of organizations across industries and around the globe.
This year, the process was streamlined and question set expanded
to gauge how applicants are adapting and responding to the global
health pandemic, environmental, social, and governance factors,
safety, equity, and inclusion and social justice.
Honorees
The full list of the 2021 World's Most Ethical Companies can be
found at https://worldsmostethicalcompanies.com/honorees.
Recognized as an environmental solutions leader, WM was recently
named to Barron’s 100 Most Sustainable Companies and Fortune
Magazine’s Most Admired Companies. In Q4 2020, the Company was also
named to CDP’s Climate Change A List for the fifth year in a row,
and listed as a World and North American Sector Leader of the Dow
Jones Sustainability Indices (DJSI) for the third year in a row. WM
achieved the best result in its industry, maintaining its DJSI
title as Sector Leader, Commercial Services & Supplies.
About Waste Management
Waste Management, based in Houston, Texas, is the leading
provider of comprehensive waste management environmental services
in North America, providing services throughout the United States
and Canada. Through its subsidiaries, the Company provides
collection, transfer, disposal services, and recycling and resource
recovery. It is also a leading developer, operator and owner of
landfill gas-to-energy facilities in the United States. The
Company’s customers include residential, commercial, industrial,
and municipal customers throughout North America. To learn more
information about Waste Management, visit www.wm.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 and measure and improve culture. Ethisphere
honors superior achievement through its World’s Most Ethical
Companies recognition program and provides a community of industry
experts with the Business Ethics Leadership Alliance (BELA). More
information about Ethisphere can be found at:
https://ethisphere.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20210223006054/en/
Waste Management Media Contact Janette Micelli jmicelli@wm.com
Ethisphere Media Contact Clea Nabozny
clea.nabozny@ethisphere.com
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