Wipro World’s Most Ethical company : Ethisphere Institute

Wipro Limited today announced that it has been recognized by the Ethisphere Institute, a leading business ethics think-tank, as one of the 2013 World’s Most Ethical (WME) Companies, for the second year in a row.  This recognition is for  Wipro’s  strong  commitment to  ethical  leadership,  compliance  practices,  and  corporate citizenship .

The  Ethisphere  Institute  is  a  leading  international  organization  dedicated  to  the  creation, advancementand sharing of best practices in business ethics, governance, anti-corruption and sustainability. This is theseventh annual selection of the World’s Most Ethical ("WME") Companies, a recognition that highlightscompanies that outperform industry peers when it comes to  ethical behavior. The 2013 WME companiesare those that truly embrace ethical business  practice  and  demonstrate  industry leadership,  forcing peers to  follow suit  or  fall behind.

Speaking about this achievement, Anurag Behar, Chief Sustainability Officer, Wipro said, “At  Wipro, integrity and ethics have always been a core part of how we think and act. Our constant endeavor is tokeep raising the bar for ourselves and to do so collaboratively with our key stakeholders – employees,customers, suppliers, investors. We are happy at Ethisphere’s recognition for the second year in successionand see it as a reaffirmation of what we stand for.”

“Not only did more companies apply for the World's Most Ethical Companies recognition this year than anyyear in the past, which demonstrates that ethical activity is an important part of many of  these  companies' business models,  but  we  are  also  seeing more companies be proactive and  create new initiatives thatexpand ethics programs and cultures across entire industries, such as industry-based ethics associationsand other activities,” said Alex Brigham, Executive Director of  Ethisphere. “We are excited to see the2013 World's Most Ethical Companies  take  these  leadership  positions,  and  embrace  the  correlation between  ethical behavior and improved financial performance.”

Through in-depth research and a multi-step analysis, Ethisphere reviewed nominations from companies inmore than 100 countries and 36 industries. The methodology for the World’s Most Ethical  Companies  includes reviewing  codes  of  ethics,  litigation  and  regulatory  infraction histories; evaluating the investment ininnovation and sustainable business practices; looking at activities  designed to improve corporate  citizenship;  and  studying  nominations from  senior executives, industry peers, suppliers and customers.

The Ethisphere recognition follows a long list of recognitions for Wipro in the last one year, including  theDow Jones Sustainability Index for the 3rd  year in a row, part of the Carbon Disclosure  Leadership  Index and  ranked  No.2  in  Newsweek  magazine’s  Global  Green companies’ rankings.