Whirpool Corp. Honored For Corporate Ethics

Benton Harbor, MI — Whirlpool Corporation has been named one of the “World’s Most Ethical Companies” by the Ethisphere Institute and one of the “Top 25 Most Respected U.S. Companies” by the Reputation Institute.

The Ethisphere Institute named Whirlpool to Ethisphere’s second annual World’s Most Ethical Companies list. Ethisphere is a think-tank dedicated to the research and promotion of profitable best practices in global governance, business ethics, compliance and corporate responsibility.

Researchers and analysts reviewed several thousand companies in order to determine the finalists, which included a rigorous, multistep evaluation process, Whirlpool Corp. officials said, adding that Ethisphere analysts reviewed codes of ethics, litigation and regulatory infraction histories; evaluated investment in innovation and sustainable business practices; looked at companies’ activities to improve corporate citizenship; studied nominations from senior executives, industry peers, suppliers and customers; and worked with consumer action groups for feedback and rating.

In the third annual survey of U.S. consumers conducted by the Reputation Institute, Whirlpool earned a Pulse rating of 74.41, placing it 22 on a list of the largest 150 companies in the U.S. and earning Whirlpool a Top 25 ranking in reputation among measured U.S. companies. Whirlpool also ranked 18 among the top 20 companies Americans say they would recommend to others, the Benton Harbor, MI-based manufacturer said.

Reputation Institute conducts an annual online Global Pulse Survey of the general public to measure the corporate reputation of more than 1,000 of the world’s largest companies within 27 countries. The companies were evaluated on seven key dimensions including products and services, governance, citizenship, workplace, innovation, leadership and financial performance.

To share your thoughts about this article, click here. For more breaking news also visit the Live Events and Top Headlines sections and the Kitchen & Bath Confidential blog.