Asia’s Most Ethical Companies: 2020 List

July 29, 20202:02 pm293 views
Asia’s Most Ethical Companies: 2020 List
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Ethisphere has released the 2020 World’s Most Ethical Companies, choosing companies that have met rigorous criteria across five categories covering the quality of each company’s ethics and compliance program, organisational culture, corporate citizenship and responsibility, governance, and leadership and reputation. 

In this year’s list, Ethisphere recognised 131 companies for setting the global standards of business integrity and corporate citizenship in three main areas, namely remotely managing a global program effectively, third-party risk management, and training and communications. The honorees span 21 countries and 50 industries, including 14 first-time honorees and seven companies that have been named to the list every year since its inception. 

See also: Report reveals Employees in Singapore Most Honest with Their Employer

Here’s the 2020 most ethical companies honoree list across Asia. 

Australia 

  • Teachers Mutual Bank Limited – banking industry with around 530 employees 

Teachers Mutual Bank is dedicated to helping Australian education sector employees and families secure financial futures. Teachers Mutual Bank is a market leader in advocacy of the Australian banking sector, and committed to strong standards of corporate responsibility through community investment and ethical business. 

Hong Kong 

  • Connor – sourcing services company with around 1,000 employees

Connor is a world-wide merchandise-sourcing organisation, managing supply chain for leading retailers and brands. The company’s social compliance and supply chain security protocols are industry-leading. Connor also has a rigorous program of ongoing audits, ensuring total compliance with the most stringent social, labour, human rights and environmental standards. 

India 

  • Tata Steel – metals, minerals, and mining company with around 33,000 employees

Tata Steel group is built with a tradition of trust and transparency. Ethical behaviour is intrinsic to its business and has been part of legacy since inception, as envisioned by its founder. Each year, Tata Steel group has its monthly observation for its Ethics Month across the organisation to reinforce the ethical culture. 

  • Wipro – information technology services with around 180,000 employees 

Wipro Limited is a leading global information technology, consulting and business process services company. The company is recognised globally for its comprehensive portfolio of services, strong commitment to sustainability and good corporate citizenship. 

Japan 

  • Kao – health and beauty company with around 33,664 employees

Kao’s mission is to strive for the wholehearted satisfaction and enrichment of the lives of people globally and to contribute to the sustainability of society. Up to this date, Kao has committed to creating innovation at every stage of the product life cycle, from procuring raw materials to manufacturing, using, and disposing of the final products. 

  • Sony – conglomerate with around 114,400 employees

Sony has a purpose to fill the world with emotion, through the power of creativity and technology. The company values dreams and curiosity, diversity, integrity and sincerity, and sustainability. In their contribution to society and the environment, Sony has done quite a lot, including providing funding for COVID-19, launching $100 Million Global Social Justice Fund, using sustainable new triporouse to its apparel, and always revisiting its diversity and inclusion both to society and its employees. 

Thailand

  • DTGO  – real estate company with around 840 employees 

DTGO Corporation Limited is a business-social organisation that dedicates itself since 1993 to the generation of well-being for society through a better understanding of human behaviour and holistic living eco-systems. It has property brands, including Magnolias and Whizdom, which are designed based on research-driven principles to ensure customer well being and quality living. The company also contributes to society, environment, and health through its leadership, community, and technological programs. 

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