Realogy Corporation, a global leader in real estate and relocation services, has announced that it has been recognized by the Ethisphere® Institute, the leading international business ethics think-tank, as one of the 2012 World’s Most Ethical Companies.
Out of a record number of nominations for the award, Realogy earned the coveted recognition by implementing and maintaining upright business practices and initiatives that are instrumental to the company’s success, benefit the community and raise the bar for ethical standards within the industry.
“The enduring value of our commitment to ethics is reflected in how we operate our business, and we are honored to be recognized for our leadership in this regard and to be included among the World’s Most Ethical Companies,” said Richard A. Smith, chairman, chief executive officer and president of Realogy. “It is a source of great pride that we have an organization of great people who lead and conduct our business with integrity and ethics.”
“All corporations have a duty to act ethically in the marketplace, but good ethics extends well beyond a company’s individual compliance with laws and regulations,” said Elisabeth Gehringer, Realogy’s compliance and ethics officer. “We believe we can make a positive impact on the greater business landscape by striving to ensure that ethics and integrity are embedded in our business processes and throughout all levels of our organization.”
Ethisphere evaluated a record number of applications from approximately 5,000 global companies, utilizing its proprietary methodology through in-depth research and multi-step analysis, ultimately naming 145 companies that surpassed their industry peers to this year’s World’s Most Ethical Companies list. The 2012 list features companies in more than three dozen industries, including 40 companies headquartered outside the United States.
“A strong ethical foundation is a competitive advantage, and Realogy recognizes the important role corporate responsibility plays in improving its bottom line,” said Alex Brigham, executive director of the Ethisphere Institute. “As more and more organizations strive for this honor each year, Realogy’s inclusion as a World’s Most Ethical Company for 2012 demonstrates its industry-leading commitment to ethics and dedication to integrity.”
The methodology for the World’s Most Ethical Companies list includes reviewing companies’ Ethics and Compliance Program; Reputation, Leadership and Innovation; Governance; Corporate Citizenship and Responsibility; and Culture of Ethics.
Read about the methodology and view the complete list of the 2012 World’s Most Ethical Companies at www.ethisphere.com/wme.