Ethisphere Announces Waste Management as One of the 2021 World's Most Ethical Companies for the 12th Time
Recognition honors those companies who understand the importance of leading, making hard but values-based decisions, and their overall commitment to integrity.
WM has been recognized 12 times for the designation and is the only honoree in the Environmental Services industry. In 2021, 135 honorees were recognized spanning 22 countries and 47 industries.
“We are proud of the World’s Most Ethical Companies designation, and I’d like to thank our nearly 50,000 team members for their many contributions that enable us to play a vital role in the communities we serve,” said Waste Management President and CEO
“While addressing the tough challenges of 2020, we saw companies lead – above all other institutions – on earning the trust of stakeholders through resilience and a commitment to ethics and integrity,” said
Ethics & Performance
Ethisphere’s 2021 Ethics Index, the collection of publicly-traded companies recognized as recipients of this year’s World’s Most Ethical Companies designation, outperformed a comparable index of large cap companies by 7.1 percentage points over the past five calendar years.
Methodology & Scoring
Grounded in Ethisphere’s proprietary Ethics Quotient®, the World’s Most Ethical Companies assessment process includes more than 200 questions on culture, environmental and social practices, ethics and compliance activities, governance, diversity and initiatives to support a strong value chain. The process serves as an operating framework to capture and codify the leading practices of organizations across industries and around the globe.
This year, the process was streamlined and question set expanded to gauge how applicants are adapting and responding to the global health pandemic, environmental, social, and governance factors, safety, equity, and inclusion and social justice.
The full list of the 2021 World's Most Ethical Companies can be found at https://worldsmostethicalcompanies.com/honorees.
Recognized as an environmental solutions leader, WM was recently named to Barron’s 100 Most Sustainable Companies and Fortune Magazine’s Most Admired Companies. In Q4 2020, the Company was also named to CDP’s Climate Change A List for the fifth year in a row, and listed as a World and North American Sector Leader of the Dow Jones Sustainability Indices (DJSI) for the third year in a row. WM achieved the best result in its industry, maintaining its DJSI title as Sector Leader, Commercial Services & Supplies.
About Waste Management
Waste Management, based in
The Ethisphere® Institute is the global leader in defining and advancing the standards of ethical business practices that fuel corporate character, marketplace trust and business success.
Source: Waste Management