Lincoln Electric Named for the Third Time as One of the 2020 World's Most Ethical Companies by Ethisphere
Recognition honors those companies who take the long view with a purpose-based strategy and strive to create positive change throughout their global communities.
“We are honored to receive this recognition as it reinforces our organization’s purpose of operating by a higher standard to build a better world,” said
“Congratulations to everyone at
Methodology & Scoring
Grounded in Ethisphere’s proprietary Ethics Quotient®, the World’s Most Ethical Companies assessment process includes more than 200 questions on culture, environmental and social practices, ethics and compliance activities, governance, diversity and initiatives to support a strong value chain. The process serves as an operating framework to capture and codify the leading practices of organizations across industries and around the globe. Best practices and insights from the 2020 honorees will be released in a report and webcast in March and April of this year.
All companies that participate in the assessment process receive an Analytical Scorecard providing them a holistic assessment of where their programs stand against the demanding standards of leading companies.
The Ethisphere® Institute is the global leader in defining and advancing the standards of ethical business practices that fuel corporate character, marketplace trust and business success. Ethisphere has deep expertise in measuring and defining core ethics standards using data-driven insights that help companies enhance corporate character and measure and improve culture. Ethisphere honors superior achievement through its World’s Most Ethical Companies recognition program and provides a community of industry experts with the
Vice President, Investor Relations
Source: Lincoln Electric Holdings, Inc.