Waste Management Named One of the World’s Most Ethical Companies

The Ethisphere Institute has named Waste Management to its 2011 World’s Most Ethical Companies list. Waste Management was included on the list for the fourth year in a row.

A total of 110 companies made the list. Other companies on the list include Adidas, American Express, eBay, Ford Motor Co., PepsiCo and Xerox.

“As companies strive to maintain a competitive advantage, good ethics translate into better business, and better business means better bottom lines,” said Alex Brigham, executive director of the Ethisphere Institute, in a statement. “Waste Management recognizes the important role that principled practices play in brand reputation, which ultimately is the most valuable asset for a corporation.”

According to a Waste Management press release, the Ethisphere Institute is “a think-tank dedicated to the creation, advancement and sharing of best practices in business ethics, corporate social responsibility, anti-corruption and sustainability.” The organization compiles the list in part by reviewing a company’s code of ethics, examining litigation and regulatory violation histories, and studying a company’s investment in sustainable business practices.