Beginning in 2007, the Ethisphere Institute began recognizing companies that go beyond talking about operating ethically and actually “act” on those statements. This year a total of 110 companies made the list. Within the apparel and footwear industry, the following five brands were recognized: addidas, Comme il Faut, Gap, Patagonia, and Timberland. The last three companies are American corporations.
Doing Good Results in Higher Profits
This graph, from the Ethisphere Institute site, shows that companies who operate ethically are being rewarded financially. Given the widening gap between ethically run companies and others on the S&P 500, one might wonder why more corporations aren’t jumping on board.
Let me know what you think.
Until next time…..