William E. Connor & Associates (“Connor”), the Hong Kong-based global sourcing partner of some of the world’s most elite brands, announces that it has been recognized by the Ethisphere Institute, an independent center of research promoting best practices in corporate ethics and governance, as a 2014 World’s Most Ethical Company.
This is the third time that Connor has been honored with this award, which recognizes organizations that continue to raise the bar on ethical leadership and corporate behavior. It is the only company in Hong Kong to receive the award and remains the only sourcing company to be recognized.
Connor’s Chairman and CEO, William E. (Chip) Connor commented: “This business was built 65 years ago on a philosophy of industry-leading commitment to ethics, integrity and long-term relationships, all of which are still firmly rooted in Connor’s culture today. It is these principles that have contributed to the accomplishment of becoming a World’s Most Ethical Company honoree for the third year running.
We have certainly been experiencing increased interest from clients based on their desire to be ethically compliant, which makes me very proud of what we have achieved as a business.”
“The entire community of World’s Most Ethical Companies believe that customers, employees, investors and regulators place a high premium on trust and that ethics and good governance are key in earning it,” said Ethisphere’s Chief Executive Officer, Timothy Erblich. “Connor joins an exclusive community committed to driving performance through leading business practices. We congratulate everyone at Connor for this extraordinary achievement.”
The World's Most Ethical Company assessment is based upon the Ethisphere Institute’s Ethics Quotient™ framework. The Ethics Quotient framework has been developed over years of effort to provide a means to assess an organization’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. The Ethics Quotient framework and methodology was determined, vetted and refined by the expert advice and insights gleaned from Ethisphere’s network of thought leaders and from the World’s Most Ethical Company Methodology Advisory Panel.
Scores are generated in five key categories: ethics and compliance program (25%), reputation, leadership and innovation (20%), governance (10%), corporate citizenship and responsibility (25%) and culture of ethics (20%).