March 18, 2011
Granite Construction Inc. has been recognized by the Ethisphere Institute as one of the 2011 World’s Most Ethical Companies. Out of a record number of nominations for the award, Granite secured a hard-earned spot on the list by going the extra mile and implementing upright business practices and initiatives that are instrumental to the company’s success, benefit the community, and raise the bar for ethical standards within the industry.
“Granite places a strong value on corporate responsibility. Being named to Ethisphere’s 2011 World’s Most Ethical Companies list is a testament to the solid foundation we have in place,” said James H. Roberts, Granite president and CEO. “We are committed to sharing an unwavering dedication to the highest ethical standards from employees at every level of our organization.”
This is the fifth year Ethisphere; a think-tank dedicated to the creation, advancement, and sharing of best practices in business ethics, corporate social responsibility, anti-corruption, and sustainability, has published the WME rankings, which appear in Ethisphere Magazine’s Q1 issue.
“As companies strive to maintain a competitive advantage, good ethics translate into better business, and better business means better bottom lines. Granite recognizes the important role that principled practices play in brand reputation, which ultimately is the most valuable asset for a corporation,” said Alex Brigham, Executive Director of the Ethisphere Institute. “Each year, the competition gets more intense for the World’s Most Ethical Companies and this year was no exception with a record number of organizations vying for the distinguished honor. Ethisphere congratulates Granite on being one of the World’s Most Ethical Companies for 2011.”
The methodology for the WME ranking includes reviewing codes of ethics, litigation, and regulatory infraction histories; evaluating the investment in innovation and sustainable business practices; looking at activities designed to improve corporate citizenship; and studying nominations from senior executives, industry peers, suppliers, and customers.
Read about the methodology and view the complete list of the 2011 World’s Most Ethical Companies at http://ethisphere.com/2011-worlds-most-ethical-companies/.