Ford Motor Co. has been named to the Ethisphere Institute’s list of the World’s Most Ethical Companies, mostly due to its focus on improving its environmental record. In the past few years, Ford has made a comeback in the industry and even as profits soared, it remained committed to improving the sustainability and fuel efficiency of its vehicles.
Ford is also applauded for its global electric vehicle strategy. Cristina Beltran, a spokesperson for the institute, said that what made Ford beat out the other companies is its focus on environmental sustainability. In this list of more than 110 companies worldwide, Ford is the only automaker.
David Leitch, Group V.P. and General Counsel at Ford, said that Ford is honored to be named to Ethisphere’s 2011 World’s Most Ethical Companies list. He said that at Ford, values are what “guide and dictate” the behavior of its employees who are committed to corporate social responsibility and all of its stakeholders.
The institute won’t reveal the companies that were nominated but didn’t make the list; however, he cited that “legal troubles” might be to blame (hinting at Toyota).
A total of 3,000 companies were nominated for the list from 100 countries in 38 different sectors. The other automotive industry companies that were part of the list include Johnson Controls, Cummins and Denso. [via AutoGuide]