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Eastman among world's most ethical companies by Ethisphere
27 Feb '19
3 min read
Pic: World most ethical Companies
Eastman has been recognised by the Ethisphere Institute, a global leader in defining and advancing the standards of ethical business practices, as one of the world’s most ethical companies for the sixth consecutive year. Eastman is a global specialty materials company that produces a broad range of products found in items people use every day.
The prestigious honour underscores Eastman’s commitment to leading with the highest ethical business standards and focusing its efforts to a foster a zero-incident mind-set, including zero incidents of unethical behaviour, the company said in a media statement.
“We see it as our purpose and responsibility at Eastman to enhance the quality of life in a material way through our innovative technologies, products, and people. We can only be successful in fulfilling that purpose by building trust and confidence with all of our stakeholders, from employees and communities to customers and investors. This award is a testament to our team members and their commitment to operate and conduct business with the highest standards of ethics and integrity,” Eastman board chair and chief executive officer Mark Costa said.
Eastman has policies and initiatives in place that allow its team members to cultivate a culture of integrity and ethical standards. The company’s office of global business conduct, led by Eastman’s chief legal and sustainability officer, establishes the code of business conduct, which outlines the laws, principles, and guidelines all employees follow regarding honesty, integrity, and responsible corporate behaviour. Regular training on the code of business conduct, is required for all employees. Additionally, the business conduct helpline is a confidential, 24-hour-a-day phone service staffed by communications specialists employed by an independent, globally recognised service provider.
“Eastman’s commitment to ethical business practices and a zero-incident mind-set aligns closely to the company’s focus on continual improvement within the environmental, social and governance (ESG) framework. We recognise the correlation between ESG performance and a company’s financial performance. We’re not only focused on strong governance policies and practices, but on reducing our environmental footprint and collaborating across the value chain to drive social innovation,” Karen Guske, director of public policy and global business conduct said.
“The world is changing. As an innovation-driven materials company, Eastman sees its role in the value chain to deliver innovative solutions that address the complex challenges facing the world. Through an ESG lens, we are continuously assessing challenges and opportunities to drive our strategy, establish goals, and make a positive impact on society,” David Golden, Eastman’s senior vice president, chief legal and sustainability officer, and corporate secretary said. (GK)
The prestigious honour underscores Eastman’s commitment to leading with the highest ethical business standards and focusing its efforts to a foster a zero-incident mind-set, including zero incidents of unethical behaviour, the company said in a media statement.
“We see it as our purpose and responsibility at Eastman to enhance the quality of life in a material way through our innovative technologies, products, and people. We can only be successful in fulfilling that purpose by building trust and confidence with all of our stakeholders, from employees and communities to customers and investors. This award is a testament to our team members and their commitment to operate and conduct business with the highest standards of ethics and integrity,” Eastman board chair and chief executive officer Mark Costa said.
Eastman has policies and initiatives in place that allow its team members to cultivate a culture of integrity and ethical standards. The company’s office of global business conduct, led by Eastman’s chief legal and sustainability officer, establishes the code of business conduct, which outlines the laws, principles, and guidelines all employees follow regarding honesty, integrity, and responsible corporate behaviour. Regular training on the code of business conduct, is required for all employees. Additionally, the business conduct helpline is a confidential, 24-hour-a-day phone service staffed by communications specialists employed by an independent, globally recognised service provider.
“Eastman’s commitment to ethical business practices and a zero-incident mind-set aligns closely to the company’s focus on continual improvement within the environmental, social and governance (ESG) framework. We recognise the correlation between ESG performance and a company’s financial performance. We’re not only focused on strong governance policies and practices, but on reducing our environmental footprint and collaborating across the value chain to drive social innovation,” Karen Guske, director of public policy and global business conduct said.
“The world is changing. As an innovation-driven materials company, Eastman sees its role in the value chain to deliver innovative solutions that address the complex challenges facing the world. Through an ESG lens, we are continuously assessing challenges and opportunities to drive our strategy, establish goals, and make a positive impact on society,” David Golden, Eastman’s senior vice president, chief legal and sustainability officer, and corporate secretary said. (GK)
Fibre2Fashion News Desk – India
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