Oshkosh Corporation, a leading manufacturer of specialty vehicles and vehicle bodies, and the parent company of JLG Industries, Inc., was recently honored by the Ethisphere Institute as one of the 2019 World’s Most Ethical Companies. Oshkosh Corporation is one of only four honorees in the automotive category.
This is the fourth consecutive year Oshkosh Corporation has been listed as a World’s Most Ethical Company, highlighting its strong ethical culture. Oshkosh is one of only 128 companies, spanning 21 countries and 50 industries named to this esteemed list.
“We are honored, once again, to be recognized for this award,” says Wilson R. Jones, President and Chief Executive Officer, Oshkosh Corporation. “It is a testament to our 15,000 team members who demonstrate everyday our values of citizenship, honesty, accountability, integrity and respect.”
Frank Nerenhausen, President of JLG Industries, concurs. “We thoroughly embrace the core values of our parent company and are proud to uphold its corporate vision of ethics and integrity at every level.”
The 13th class of honorees illustrate how companies continue to be the driving force for improving communities, building capable and empowered workforces and fostering corporate cultures focused on ethics and a strong sense of purpose.
“Today, employees, investors and stakeholders are putting their greatest trust in companies to take leadership on societal issues,” says Timothy Erblich, Chief Executive Officer, Ethisphere Institute. “Companies that take the long view with a purpose-based strategy are proven to not only outperform, but last. I congratulate everyone at Oshkosh Corporation for earning this recognition.”
The World's Most Ethical Companies assessment is 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. The information collected provides a comprehensive sampling of definitive criteria of core competencies rather than all aspects of corporate governance, risk, sustainability, compliance, and ethics.
Scores are generated in five key categories: ethics and compliance program (35%), culture of ethics (20%), corporate citizenship and responsibility (20%), governance (15%) and leadership and reputation (10%). All companies that participate in the assessment process receive their scores, providing them with valuable insights into how they stack up against leading organizations.