Food maker ranks as one of 'World's Most Ethical Companies'
A food maker’s commitment to the triple bottom line has helped it join a select group of the “World’s Most Ethical Companies.”
Kellogg Company in Battle Creek is one of 132 honorees, spanning 21 countries and five continents, to be named the Ethisphere Institute's ranking.
The ranking represents more than 50 industries.
Kellogg has earned a spot on the annual ranking seven times since 2007.
Ford Motor Company in Dearborn is the other Michigan business to make the 2015 global ranking.
The Ethisphere Institute in New York is an independent research center promoting best practices in corporate ethics and governance.
The “World’s Most Ethical Companies” ranking recognizes companies that “truly go beyond making statements about doing business ‘ethically’ and translate those words into action,” according to Ethisphere.
Companies on the ranking promote ethical business standards and practices internally, and they exceed legal compliance minimums and shape industry standards by introducing best practices, Ethisphere said.
Among those best practices are reinforcing the right behaviors to safeguard the business and its consumers, customers, investors, employees and other stakeholders.
Ethics at Kellogg
In 2014, Kellogg announced new global sustainability goals in responsible sourcing and the conservation of natural resources.
The company also continued progress toward its hunger-relief pledge to donate one-billion servings of food through “Breakfasts for Better Days.”
Kellogg also introduced its refreshed Global Code of Ethics in 2013 and in 2014 worked to embed that code throughout the company’s culture.
The Global Code of Ethics incorporates all of Kellogg’s “K” values: integrity, respect, accountability, passion, humility, simplicity and driving results.
“We're especially proud that this year's Ethisphere honor re-affirms our commitment to social and environmental stewardship and our philanthropic efforts,” said Jim Sholl, VP of internal audit and compliance, Kellogg.
Sholl noted that a company’s reputation is fragile, and Kellogg earns its consumers' trust every day “one bite at a time.”
To determine its “World's Most Ethical Companies” ranking, Ethisphere scored hundreds of companies in five categories: ethics and compliance program (35 percent), corporate citizenship and responsibility (20 percent), culture of ethics (20 percent), governance (15 percent) and leadership, innovation and reputation (10 percent).
The ranking is in its ninth year and includes 15 nine-time honorees and 11 first-time honorees.
With 2014 sales of $14.6 billion and more than 1,600 foods, Kellogg is the world's leading cereal company and second-largest producer of cookies, crackers and savory snacks.