March 16, 2023: Clarios announced on March 13 it had been recognized as one of the world’s most ethical companies by Ethisphere.
The honour is bestowed on companies that demonstrate business integrity through best-in-class ethics, compliance, and governance practices.
This is the first time the world’s largest manufacturer of automotive batteries has been recognized and the company is one of only eight such honoured names for 2023 in the automotive industry.
A total of 135 honourees were recognized overall spanning 19 countries and 46 industries.
Clarios president and CEO Mark Wallace said: “Our ability to be honoured for the first time as one of the world’s most ethical companies is a direct result of the commitment of nearly 16,000 Clarios team members around the world.”
Etisphere uses its proprietary Ethics Quotient to assess companies. Firms are required to answer more than 200 questions on culture, environmental and social practices, ethics and compliance activities, governance, diversity and initiatives that 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.