PepsiCo and Adobe Systems are headed by Chief Executives Indra Nooyi and Shantanu Narayen, respectively. Both companies have cornered a place in the list of 100 most ethical companies for 2010, as per the report by a research-based Ethisphere Institute. Besides, debt-ridden Hartford Financial Services have also made it to the list, which was earlier headed by India-origin chief Ramani Ayer. He left Hartford Financial Services in June last year after serving for 12 years.
The world’s most ethical company designation is awarded to those firms that have leading ethics and compliance programmes, compared to their industry peers.
Interestingly, the companies that have secured a berth on the list are from wide range of industries, right from banking to consumer goods to auto, retail and media. The list also includes Google, Standard Chartered Bank, Hewlett-Packard, L’Oreal, General Electric, Vodafone, Time Warner and Accenture. Those who have dropped include Toyota, HSBC, Dell, Oracle Corp and McDonald’s.
Press Trust of India