World's Most Ethical Company
For the eighth consecutive year, Rezidor has been named a World's Most Ethical Company by the think-tank Ethisphere.
Rezidor has been recognized by the Ethisphere Institute, a global leader in defining and advancing the standards of ethical business practices, as a 2017 World’s Most Ethical Company®.
Rezidor has been recognized since 2010 and is one of only three in the lodging and hospitality industry, underscoring the company’s commitment to leading ethical business standards and practices.“This award reaffirms our commitment to responsible business, as well as our industry-leading ethics and conduct policy, our corporate citizenship principles, our strong corporate governance and a desire to serve a strong corporate purpose,” said Wolfgang M. Neumann, President & CEO of The Rezidor Hotel Group. “It also is a testament to Rezidor being a force for good, caring for our guests, our people, our community and the planet. Winning the award for the 8th year is an honor for the entire team of 43,700 Rezidorians.”This is the 11th year that Ethisphere has honored companies that recognize their role in society to influence and drive positive change; consider the impact of their actions on their employees, investors, customers and other key stakeholders; and use their values and culture as an underpinning to the decisions they make every day.“Over the last 11 years, we have seen the shift in societal expectations, constant redefinition of laws and regulations and the geo-political climate. We have also seen how companies honored as the World’s Most Ethical respond to these challenges. They invest in their local communities around the world, embrace strategies of diversity and inclusion, and focus on long term-ism as a sustainable business advantage,” explained Ethisphere’s Chief Executive Officer, Timothy Erblich. Congratulations to everyone at Rezidor for being recognized as a World's Most Ethical Company."The World's Most Ethical Company assessment is based upon the Ethisphere Institute’s Ethics Quotient® (EQ) framework, which offers a quantitative way to assess a company’s performance in an objective, consistent and standardized way. The information collected provides a comprehensive sampling of definitive criteria of core competencies, rather than all aspects of corporate governance, risk, sustainability, compliance and ethics.Scores are generated in five key categories: ethics and compliance program (35%), corporate citizenship and responsibility (20%), culture of ethics (20%), governance (15%) and leadership, innovation and reputation (10%) and provided to all companies who participate in the process.The full list of the 2017 World's Most Ethical Companies can be found here.
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