Atlas Copco has been named one of the World’s Most Ethical Companies by the Ethisphere Institute for the second consecutive year.
Presented at the Global Ethics Summit in New York, this honor recognizes companies that demonstrate leadership in ethics, corporate responsibility, sustainability and governance.
“Atlas Copco emphasizes a value-based culture that prioritizes long-term, ethical and sustainable business development, not only because it is the right thing to do, but because it also makes good business sense,” said Jim Levitt, president, Atlas Copco North America LLC. “We are honored to be recognized by the Ethisphere Institute for our dedication to ethical practices.”
Ethical business practices are a key element in Atlas Copco’s operations. It starts with a culture of compliance to a clear policy governing business practices, including a zero-tolerance policy against corruption, a comprehensive education program for employees and an extensive evaluation of the company’s suppliers and their safety, health and environmental practices. Atlas Copco also provides an annual corruption awareness training program in which thousands of employees have participated, and employees and managers are expected to adhere to the company’s Business Code of Practice.
As part of the company’s dedication to business ethics and standards, Atlas Copco is a signatory to the UN Global Compact, a strategic policy initiative for businesses that are committed to aligning their operations and strategies with 10 universally accepted principles in the areas of human rights, labor, environment and anti-corruption.