Infosys didn't make the cut: Only 2 Indian firms in most ethical list

Wipro

US-based think tank Ethisphere Institute selected the 135 companies on the list from 23 countries across 57 industries


LATEST NEWS :     IT services and outsourcing provider Wipro Limited and Tata Steel Ltd are the two Indian firms that have been selected among 135 of the world's most ethical companies for 2018 by the US-based think tank Ethisphere Institute.

The 135 companies dedicated to "defining and advancing the standards of ethical business practices" were selected from 23 countries across 57 industries, Ethisphere said in a statement late on Monday.


Microsoft, Dell, Salesforce, and Adobe are some of the global tech giants who figured in the 2018 list.

"Over the last 12 years, we have repeatedly seen that those companies who focus on transparency and authenticity are rewarded with the trust of their employees, their customers, and their investors," said Ethisphere CEO Timothy Erblich.

"While negative headlines might grab attention, the companies who support the rule of law and operate with decency and fair play around the globe will always succeed in the long term," Erblich added.

The listed ethical companies outperformed the large-cap sector over five years by 10.72 per cent and over three years by 4.88 per cent.

"We are honoured to be listed among the World's Most Ethical Companies for the fifth consecutive year," said Michael Dell, Chairman and CEO of Dell Technologies.

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