Atlas Copco was named one of the World’s Most Ethical Companies by the Ethisphere Institute. The prestigious ethical ranking, presented at the Global Ethics Summit in New York, recognizes companies that introduce best practices into corporate ethics.
“We are honored to have our business practices recognized by global organizations like the Ethisphere Institute,” says Jim Levitt, President, Atlas Copco North America LLC. “In our value-based culture, we train our employees to work and think ethically and to prioritize long-term results and sustainable, profitable development.”
Ethical business practices are a key element in Atlas Copco’s operations. It starts with a culture of compliance to a clear policy governing its business practices, including a comprehensive education program for employees and web-based ethics classes for the company’s suppliers. Atlas Copco also provides an annual corruption-awareness training program that thousands of employees participated in last year, and all company management is committed to compliance with the company’s Business Code of Practice.
As part of the company’s dedication to business ethics and standards, Atlas Copco is a signatory to the UN Global Compact, a strategic policy initiative for businesses that are committed to aligning their operations and strategies with 10 universally accepted principles in the areas of human rights, labor, environment and anti-corruption. And earlier this year, in its report on the 20 largest Swedish companies, Transparency International awarded Atlas Copco a score of 100% for its anti-corruption efforts.
