John Deere has been lauded as one of the world’s most ethical companies following the release of Ethisphere’s latest data.
Ethisphere marked 2024 by releasing its 18th annual Most Ethical Companies list which features 136 companies, including John Deere, spanning 20 countries and 44 industries.
“We’re absolutely thrilled to be recognised as one of the world’s most ethical companies once again. It’s a reflection of our deep-rooted commitment to operating with integrity, which drives everything we do globally,” John Deere chief people Felecia Pryor said.
“This recognition really speaks to our strong ethical culture as propelled forward by our employees and stakeholders.”
John Deere employs a series of strategies across its business to underline its commitment to ethical business practices. These include John Deere’s Leap Ambitions which focus on delivering economic value and sustainability for customers and stakeholders.
Ethisphere began the World’s Most Ethical Companies initiative in 2007, and John Deere has been named on the list 17 times since then.
Ethisphere assesses companies based on a complex questionnaire that covers five categories and 243 multiple-choice and text questions.
The method, which Ethisphere calls the Ethics Quotient, assesses companies against areas of governance, ethics culture, third-party management, ethics and compliance, and environmental and social impact.
Ethisphere says the framework enables them to calculate the assessment in an objective and consistent way.
The companies that demonstrate the strongest application across all of the methodologies are awarded a designation on the World’s Most Ethical Companies list.
“Every day, businesses must earn and keep the trust of stakeholders, from employees and investors, to regulators, and others,” Ethisphere chief strategy officer and executive chair Erica Salmon Byrne said.
“By leading with business integrity—and investing in strong governance, an ethical culture, corporate citizenship, and compliance—organisations not only build trust, but also outperform.”
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