illycaffè SpA, the well known Italian coffee company, has been recognized by the Ethisphere Institute as its 2017 World’s Most Ethical Company. illycaffè has now been recognized for five consecutive years, underscoring the company’s commitment to leading ethical business standards and practices.
“Companies are the bricks and mortar of modern society and in order to make positive change happen throughout the world, ethics and sustainability must form the core of private enterprise,” said Andrea Illy, chairman of illycaffè (shown here). “The Ethisphere Institute’s work inspires companies to be and do their best, and we are honoured to have earned their recognition.”
“Over the last 11 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 honoured as the World’s Most Ethical respond 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.
The World’s Most Ethical Company assessment is based upon the Ethisphere Institute’s Ethics Quotient framework, which offers a quantitative way to assess a company’s performance in an objective, consistent and standardized way.
