Ecolab Named One of World’s Most Ethical Companies for Second Consecutive Year

ST. PAUL, Minn. — Ecolab has again been named one of the World’s Most Ethical Companies by Ethisphere Magazine. Fewer than 100 companies were chosen for the award.

“We’re extremely honored to receive the award again this year,” said Douglas M. Baker Jr., chairman, president and chief executive officer of Ecolab. “We believe it is vitally important to our long term success to create an environment where our leadership, our associates and our culture are all grounded in ethical business practices. This enables us to grow our business in a way that is not only more profitable, but also more sustainable, and demonstrates our conviction that ethical practices contribute to both a company’s profits and society.”

Ethisphere stated that this year’s methodology committee was composed of leading attorneys and government officials, professors and leaders who care about ethical and honest business practices.

The research process included reviewing more than 10,000 of the world’s leading companies on six continents. Ethisphere analysts reviewed codes of ethics, litigation and regulatory infraction histories; evaluated investment in innovation and sustainable business practices; looked at companies’ activities to improve corporate citizenship; studied nominations from senior executives, industry peers, suppliers and customers; and worked with consumer action groups for feedback and rating. For more details, visit www.ethisphere.com.