Henry Schein Recognized By Ethisphere As One Of The World's Most Ethical Companies For Second Year In A Row
MELVILLE, N.Y., March 7, 2013 /PRNewswire/ -- Henry Schein, Inc. (NASDAQ: HSIC), the world's largest provider of health care products and services to office-based dental, medical and animal health practitioners, announced today that it was again named to Ethisphere® Institute's 2013 World's Most Ethical Companies Ranking™ for exemplary ethical leadership, worldwide business standards and commitment to corporate social responsibility.
Honored by Ethisphere in 2012 and 2013, Henry Schein continues to be recognized for being a health care industry leader in upholding the highest ethical standards and business practices. This year, Henry Schein was among 138 companies recognized by Ethisphere, a leading international think tank dedicated to the creation, advancement and sharing of best practices in business ethics, corporate social responsibility, anti-corruption and sustainability. This is the seventh year that Ethisphere Institute has published the World's Most Ethical Companies Ranking.
"Since our founding eighty years ago, a deep commitment to the highest ethical standards has always been a central part of the character of Henry Schein, and this commitment forms the very foundation of our business model," said Stanley M. Bergman, Chairman of the Board and Chief Executive Officer of Henry Schein, Inc. "We are very proud to again be honored by Ethisphere Institute in recognition of our success in implementing exceptional worldwide business standards as well as our enduring dedication to enhancing access to health care for the underserved through our global corporate social responsibility program, Henry Schein Cares."
Henry Schein Cares stands on four pillars: engaging Team Schein Members to reach their potential, ensuring accountability by extending ethical business practices to all levels within Henry Schein, promoting environmental sustainability, and expanding access to health care for underserved and at-risk communities around the world.
The evaluation criteria for the World's Most Ethical Companies Ranking includes an in-depth assessment of Corporate Citizenship and Responsibility; Ethics and Compliance Program; Culture of Ethics; Corporate Governance; and Reputation, Leadership and Innovation. Based on the "Ethics Quotient" score derived from this evaluation, the top percentile performers in each industry are further evaluated through a stringent due diligence process.
Selected from thousands of nominated companies, Henry Schein was honored this week at Ethisphere's Dinner Awards Ceremony at the Grand Hyatt Hotel in New York City during the 5th annual Global Ethics Summit. For more information on Ethisphere's World's Most Ethical Companies rankings, please visit http://ethisphere.com/worlds-most-ethical-companies-rankings.
About Ethisphere® Institute
The research-based Ethisphere® Institute is a leading international think-tank dedicated to the creation, advancement and sharing of best practices in business ethics, corporate social responsibility, anti-corruption and sustainability. Ethisphere Magazine, which publishes the globally recognized World's Most Ethical Companies Ranking™, is the quarterly publication of the Institute. Ethisphere provides the only third-party verifications of compliance programs and ethical cultures that include: Ethics Inside® Certification, Compliance Leader Verification™ and Anti-Corruption Program Verification™. More information on the Ethisphere Institute, including ranking projects and membership, can be found at http://www.ethisphere.com.
About Henry Schein, Inc.
Henry Schein, Inc. is the world's largest provider of health care products and services to office-based dental, medical and animal health practitioners. The Company also serves dental laboratories, government and institutional health care clinics, and other alternate care sites. A Fortune 500® Company and a member of the NASDAQ 100® Index, Henry Schein employs more than 15,000 Team Schein Members and serves more than 775,000 customers.
The Company offers a comprehensive selection of products and services, including value-added solutions for operating efficient practices and delivering high-quality care. Henry Schein operates through a centralized and automated distribution network, with a selection of more than 96,000 branded products and Henry Schein private-brand products in stock, as well as more than 110,000 additional products available as special-order items. The Company also offers its customers exclusive, innovative technology solutions, including practice management software and e-commerce solutions, as well as a broad range of financial services.
Headquartered in Melville, N.Y., Henry Schein has operations or affiliates in 25 countries. The Company's sales reached a record $8.9 billion in 2012, and have grown at a compound annual rate of 17 percent since Henry Schein became a public company in 1995. For more information, visit the Henry Schein Web site at www.henryschein.com.
SOURCE Henry Schein, Inc.