Brown-Forman has been recognised by Ethisphere, a global leader in defining and advancing the standards of ethical business practices, as one of 2023 World’s Most Ethical Companies. This is the second year that the company has received the recognition.
“We are proud to be recognized as a World's Most Ethical Companies Honoree for the second year in a row,” said Lawson Whiting, CEO, Brown-Forman Corporation. “The people of Brown-Forman, through their commitment to our values, have helped us to flourish since our founding in 1870. Our values are at the forefront of who we are and how we conduct business each and every day.
“Ethics matters. Organizations that commit to business integrity through robust programs and practices not only elevate standards and expectations for all, but also have better long-term performance,” said Ethisphere CEO, Erica Salmon Byrne. “We continue to be inspired by the World’s Most Ethical Companies honorees and their dedication to making real impact for their stakeholders and displaying exemplary values-based leadership. Congratulations to Brown-Forman for earning a place in the World’s Most Ethical Companies community.”
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.
In 2023, 135 organisations are recognized for their unwavering commitment to business integrity. The honorees span 19 countries and 46 industries.
