Micron Named One of the World’s Most Ethical Companies by Ethisphere
March 15, 2022 | Globe NewswireEstimated reading time: 1 minute
Micron Technology, Inc, has been recognized by Ethisphere, a global leader in defining and advancing the standards of ethical business practices, as one of the 2022 World’s Most Ethical Companies.
“It is an honor for Micron to be named as one of Ethisphere Institute’s Most Ethical Companies,” said Micron President and Chief Executive Officer Sanjay Mehrotra. “This recognition reflects the dedication of our more than 44,000 team members in 17 countries to hold ourselves to the highest standards of ethics and environmental and social responsibility. Micron believes that a culture of inclusion, unyielding integrity and accountability is the foundation for our continued success, and we will continue to pursue these ideals with passion.”
In 2022, 136 awardees were named, spanning 22 countries and 45 industries. Micron is one of only four listed companies from the semiconductor industry.
“From governance to compliance, our commitment to integrity is infused in all of our business practices,” said Rob Beard, senior vice president, general counsel, corporate secretary and chief compliance officer at Micron. “This discipline is what earns us the trust of Micron’s shareholders, regulators, customers, partners and suppliers, and we will continue with a razor-like focus on operating according to the strongest code of ethics.”
“Today, business leaders face their greatest mandate yet to be ethical, accountable, and trusted to drive positive change,” said Ethisphere CEO, Timothy Erblich. “We continue to be inspired by the World’s Most Ethical Companies honorees and their dedication to integrity, sustainability, governance, and community. Congratulations to Micron for earning the World’s Most Ethical Companies designation.”
Ethics & Performance
Ethisphere’s 2022 Ethics Index, the collection of publicly traded companies recognized as recipients of this year’s World’s Most Ethical Companies designation, outperformed a comparable index of large cap companies by 24.6 percentage points over the past five calendar years. The outperformance, which Ethisphere refers to as the “Ethics Premium,” has remained consistent since Ethisphere began tracking the performance of honoree companies.
Suggested Items
Global Sourcing Spotlight: The Importance of Cooperative Partnerships
09/18/2024 | Bob Duke -- Column: Global Sourcing SpotlightIn today's interconnected world, global sourcing has evolved from a mere transaction to a complex web of relationships. The days when finding the cheapest supplier was the goal are long gone. Instead, the focus has shifted to building cooperative partnerships that ensure not only cost efficiency but also reliability, quality, and sustainability. The success of any global sourcing strategy hinges on the ability to foster these partnerships, which are based on mutual trust, shared goals, and a deep understanding of each other's strengths and limitations.
GlobalFoundries, Silicon Catalyst Partner to Accelerate Differentiated Technology Solutions for Semiconductor Startups
09/17/2024 | GlobalFoundriesGlobalFoundries (GF) and Silicon Catalyst, the world’s only incubator+accelerator focused exclusively on semiconductor solutions, today announced that GF has joined the incubator’s semiconductor startup ecosystem as a Strategic Partner and an In-Kind Partner (IKP).
Home Energy Management Systems Booming in Europe and North America
09/16/2024 | Berg InsightBerg Insight, the world’s leading IoT market research provider, today released a new market report covering the Home Energy Management Systems (HEMS) market. In this study, a HEMS is defined as a system that at minimum consists of a solar PV system, battery storage system and a web-based management portal or smartphone app that allows for remote monitoring and control of the system.
Jabil to Expand Operations in India
09/10/2024 | JabilJabil Inc. announced it has signed a Memorandum of Understanding (MoU) with the Tamil Nadu state government as part of the company’s planned expansion in Tiruchirappalli, Tamil Nadu, India.
Standard of Excellence: The Advantages of Working With Small PCB Businesses
09/10/2024 | Anaya Vardya -- Column: Standard of ExcellenceFor several large companies, especially those in the mil-aero industries, there are distinct and critical advantages to buying from officially designated small businesses. The official definition of a small business is one with fewer than 750 employees. For unclear reasons, some companies have been less focused on these advantages than they used to be, so I thought it would be helpful to remind people of the advantages of working with these small businesses.