Milliken recognised as world's most ethical company

14 Mar '17

2 min read

Milliken, a global innovation company with textile, specialty chemical and manufacturing expertise, has been recognised by the Ethisphere Institute as 2017 world's most ethical company. It has been recognised as world's most ethical company for 11 years, every year since the award was first given in 2007– a consecutive distinction given to only 13 companies.

"How Milliken grows is equally important as how much we grow – this is an integral belief that each Milliken associate holds, and that directs their work daily. It is an honour to be annually recognised for this perspective on a successful, values-based business," said Milliken & company president, CEO and chairman, J Harold Chandler.

As environmental stewards, Milliken diverts waste from landfill, utilises renewable energy and maintains a 600-acre corporate arboretum, where it hosts numerous community events. Moreover, Milliken locations around the world each engage in their local communities through philanthropic activities and meaningful career opportunities for associates and their families.

Ethisphere Institute is the global leader in defining and advancing the standards of ethical business practices. This is the eleventh year that that Ethisphere has honoured those companies who recognise 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.

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 standardised way.

"Over the last eleven 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, such as Milliken, honoured as the world’s most ethical respond consistently 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 Milliken for being recognised as world's most ethical company for more than a decade." (RR)

Fibre2Fashion News Desk – India

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