ITALY
Global coffee industry leader illycaffè S.p.A has been named as one of the world’s most ethical companies, according to the Ethisphere Institute. This is the company’s seventh consecutive honor from the institute.
Ethisphere, which defines and advances standards for ethical business practices, selected 128 companies from 21 countries and 50 industries.
The institute assesses a company’s performance based on core competencies including ethics and compliance, a culture of ethics, corporate citizenship and responsibility, governance, and leadership and reputation.
“Ethics are essential to the long-term sustainability of any organization, which is not built overnight, but as a core value that is aligned with measurable commitments and actions,” said Andrea Illy, company chairman.