Ethisphere, the leading organization for corporate ethics and compliance has honored Nokia as one of the most ethical companies in 2018. The organization has been honoring the World’s Most Ethical Companies since 2007.
Companies are assessed based upon the Ethisphere Institute’s Ethics Quotient ® (EQ) framework, which offers a quantitative way to assess a company’s performance in an objective, consistent and standardized manner. Scores are generated in five key categories: ethics and compliance program (35 percent), corporate citizenship and responsibility (20 percent), culture of ethics (20 percent), governance (15 percent), and leadership, innovation and reputation (10 percent). Ethisphere’ s research indicates that stock of companies that receive this award typically trade at more than a 6% premium, referred to as an “ethics premium.”
In 2018, 135 companies are being honored from 23 countries and 57 industries. Nokia is one of the 135 companies and has been honored in the Telecom category. You can check the full list of companies and their categories by clicking here.
Nokia CEO Rajeev Suri expressed his happiness over this recognition ,
We are honored to be recognized as one of the World’s Most Ethical companies. Doing business the right way is the Nokia way – and has been for more than 150 years.