MEMPHIS, TN / ACCESSWIRE / March 17, 2023 / FedEx Corp. (NYSE:FDX), one of the world’s largest express transportation companies, has been recognized by Ethisphere, a global leader in setting and advancing standards for ethical business practices, as one of the World’s Most Ethical Companies for 2023.
FedEx is being recognized for the first time and is the only honoree in the Transportation/Truck/Rail industry category in 2023. A total of 135 honorees across 19 countries and 46 industries were recognized this year.
“This is a great honor for FedEx, and we are pleased to be among this select group of companies with outstanding compliance programs and commitments to advancing business integrity,” said Justin Ross, Chief Compliance Officer, FedEx Corporation. “Our FedEx team members around the world have done an incredible job building and maintaining FedEx’s strong culture of compliance and ethics, and we truly appreciate this esteemed – and hard-earned – recognition.”
“Ethics matter. Organizations that commit to business integrity through robust programs and practices not only raise 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 commitment to making a real impact on their stakeholders and demonstrating exemplary values-based leadership. Congratulations to FedEx for earning a place in the community of the world’s most ethical companies.”
Ethics and efficiency
The 2023 Ethisphere Ethical Index, the collection of publicly traded companies recognized as recipients of this year’s World’s Most Ethical Companies title, outperformed a comparable large-cap index by 13.6 percentage points over a five-year period.
Methodology and scoring Based on Ethisphere’s proprietary Ethics Quotient®, the World’s Most Ethical Companies evaluation process includes more than 200 questions on culture, environmental and social practices, ethics and compliance activities, governance, diversity and initiatives that support a strong value chain . The process serves as an operational framework for capturing and codifying the leading practices of organizations across industries and around the world.
To view the full list of this year’s honorees, please visit the World’s Most Ethical Companies website at https://worldsmostethicalcompanies.com/honorees.
About FedEx Corp.
FedEx Corp. (NYSE: FDX) provides customers and businesses worldwide with a broad portfolio of transportation, e-commerce and business services. With annual revenue of $94 billion, the company offers integrated business solutions through operating companies that compete collectively, operate collaboratively and digitally innovate under the respected FedEx brand. Consistently ranked among the world’s most respected and trusted employers, FedEx inspires its more than 550,000 employees to remain focused on safety, the highest ethical and professional standards, and the needs of its customers and communities. FedEx is committed to connecting people and opportunities around the world responsibly and resourcefully, with the goal of achieving carbon neutral operations by 2040. To learn more, please visit fedex.com/about.
Ethisphere is a global leader in defining and advancing the standards for ethical business practices that nurture corporate character, market trust and business success. Ethisphere has deep expertise in measuring and defining core ethical standards using data-driven insights that help companies improve corporate character. Ethisphere recognizes excellence through its World’s Most Ethical Companies® recognition program, provides a community of industry experts with the Business Ethics Leadership Alliance (BELA), and showcases ethics trends and best practices with Ethisphere Magazine. Ethisphere also helps improve business performance through data-driven assessments, guidance and benchmarking with its unparalleled data: the Culture Quotient dataset, focused on ethical culture and featuring the responses of 2+ million employees worldwide; and the Ethics Quotient dataset, featuring 200+ data points highlighting the ethics, compliance, social and governance practices of the world’s most ethical companies. For more information, visit https://ethisphere.com.
FedEx Media Contact:
Ethisphere Media Contact
Vice President, Media and Communications
See additional media and more ESG stories from FedEx Corporation at 3blmedia.com.
Spokesperson: FedEx Corporation
Email: [email protected]
SOURCE: FedEx Corporation
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