Transparency and Integrity Distinguish Milliken & Company as One of the World’s Most Ethical Companies in 2018
Milliken has always taken seriously the responsibility to promote a culture of ethics through transparent business practices and meaningful discussions. As rapid advancements in technology and innovation change interactions in the market and in the workplace, integrity remains a core business practice at Milliken. That commitment has become crucial for global leadership and growth.
That’s why Milliken is proud to be included on the Ethisphere Institute’s list of World’s Most Ethical Companies for the twelfth consecutive year. This prestigious list assesses organizations like Milliken based on key categories including ethics and compliance programs, corporate citizenship and responsibility, culture of ethics, governance and leadership, and innovation and reputation.
Radical Transparency Sets Milliken Apart
Milliken is one of only twelve companies that have been included on Ethisphere’s list every year since its inception in 2007. In 2017, Milliken emphasized radical transparency as a way to promote integrity and spark discussion about critical industry issues. This commitment to ethical practice and community engagement resulted in several key initiatives including:
- Re-certification of a Continuing Education Unity (CEU) addressing ethical issues in architecture and design
- Implementation of a new LEEDv4 credit on materials transparency for floor covering
- Recognition in the America’s Safest Companies Hall of Fame, showcasing the value of protecting Milliken associates
- Launch of Milliken Gives, a three-pronged program fostering community engagement through impactful connection
“We consider a commitment to a disciplined and consistent culture of ethics and fair play to be a competitive advantage in the global marketplace,” said Milliken & Company President, CEO and Chairman J. Harold Chandler. “Our 7,000 associates are grateful for the recognition extended to our company.”
The Ethics Premium: Why Ethical Practices Are Good for Business
Milliken believes that ethical business practices create financial benefit, and that view has been supported over the years by a strong performance record. Research has demonstrated that organizations included on Ethisphere’s World’s Most Ethical Companies roster outperform the U.S. Large Cap Index over five years by 10.72% and over three years by 4.88%. Ethisphere refers to this advantage as the Ethics Premium, and it’s a reliable assessment of the financial advantage achieved through integrity.
Global innovation continues to improve the way people live, and corporations like Milliken are among those best positioned to create positive change. Through commitment to ethical culture, authentic leadership, and workplace transparency, diversity and inclusion, Milliken continues to redefine the possibilities for today’s global community.