Christie Ippisch, Progreso Compliance Officer, assured that the recognition demonstrates the commitment to living the company’s values. “It is very important for us to continue growing, to continue being recognized as an ethical company, but above all, to maintain these internal standards and be an example in Guatemala, Central America and the entire world.”
Inclusion in the World’s Most Ethical Companies list is based on the Ethics Quotient (EQ) system, which offers a quantitative way to assess the performance of companies in an objective, consistent and standardized way. The information collected offers a comprehensive sample of decisive criteria on core competencies.
Assessment scores are generated in five key categories:ethics and compliance program, corporate citizenship and responsibility, ethical culture, management and leadership, innovation, and reputation.
This recognition means for companies standards and practices to conduct ethical business internally, in addition to incorporating the theory of «conscious capitalism» in all its fields of action, where each collaborator and each partner guarantee long-term sustainability and value for all its stakeholders, including customers, suppliers, regulators and investors.
Leading their industries in compliance, corporate governance and social responsibility, the World’s Most Ethical Companies effectively align ethical business practices with performance, modeling ethical business standards across industries.
The Ethisphere Institute is the world’s research center that promotes best practices in corporate ethics and compliance. Since 2007, it has made an official list of the World’s Most Ethical Companies.