Texas Instruments among 2011 'World's Most Ethical Companies'
DALLAS, March 16, 2011 /PRNewswire/ -- Texas Instruments (TI) Incorporated has again been named one of the world's most ethical companies by the Ethisphere Institute. This is the fifth consecutive year TI has secured a spot on the list.
"It is a tremendous honor to once again be recognized for the strong emphasis we place on operating with integrity and transparency," said David Reid, TI Vice President and Director of Ethics. "TI is steadfast in meeting the highest standards of corporate citizenship, and this commitment is carried forward by our employees who have long conducted business with integrity. I am proud of all our employees around the world who exemplify TI's values and make recognition like this possible."
The "World's Most Ethical Companies" (WME) list is developed annually by Ethisphere Institute, a think tank dedicated to the creation, advancement and sharing of best practices in business ethics, corporate social responsibility, anti-corruption and sustainability. Through in-depth research and a multi-step analysis, Ethisphere reviewed thousands of companies and evaluated a record number of applications, naming 110 companies that surpassed their industry peers to this year's list. The WME rankings will appear in Ethisphere Magazine's first-quarter issue.
TI provides a detailed annual report of its ethics and citizenship activities on the company's website at www.ti.com/csr. TI's 2010 report is due to be made public in late May. The comprehensive report is used by a variety of stakeholders to understand TI's social and environmental performance, as well as associated risks and opportunities.
The methodology for the WME ranking includes reviewing codes of ethics, litigation and regulatory infraction histories; evaluating the investment in innovation and sustainable business practices; assessing activities designed to improve corporate citizenship; and studying nominations from senior executives, industry peers, suppliers and customers.
Read more about the methodology and view the complete list of the 2011 "World's Most Ethical Companies" http://ethisphere.com/worlds-most-ethical-companies-rankings/.
About Texas Instruments
Texas Instruments semiconductor innovations help 80,000 customers unlock the possibilities of the world as it could be – smarter, safer, greener, healthier and more fun. Our commitment to building a better future is ingrained in everything we do – from the responsible manufacturing of our semiconductors, to caring for our employees, to giving back inside our communities. This is just the beginning of our story. Learn more at www.ti.com.
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. The Institute's associated membership groups, the Ethisphere Council and Business Ethics Leadership Alliance, are forums for business ethics that includes over 200 leading corporations, universities and institutions. These groups are dedicated to the development and advancement of members through increased efficiency, innovation, tools, mentoring, advice, and unique career opportunities. 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, Ethics Inside Certification®, Anti-Corruption Leader Verification and Compliance Program Verification. More information on the Ethisphere Institute, including ranking projects and membership, can be found at http://www.ethisphere.com.
SOURCE Texas Instruments Incorporated