QS/1’s Parent Company Among World’s Most Ethical Companies
Spartanburg, SC – March 24, 2010 – QS/1’s parent company, the J M Smith Corporation, is named to the 2010 list of World’s Most Ethical Companies. The survey is researched and compiled by the Ethisphere Institute, an organization that started compiling the list four years ago.
“The competition for the World’s Most Ethical Companies was the strongest it has ever been, with a record number of organizations vying for this distinguished honor,” said Alex Brigham, Executive Director of the Ethisphere Institute.
The J M Smith Corporation joins more than two dozen first time recipients, including Ford Motor Company, Adobe Systems, and Campbell Soup Company.
“We have always taken pride in doing the right thing,” said Bill Cobb, J M Smith CEO and president of the QS/1 division. “It is certainly an honor to be recognized for a philosophy that has driven our company for decades.”
The Ethisphere Institute looked at companies in more than 100 countries and 36 industries. The methodology for the World’s Most Ethical Companies includes reviewing codes of ethics, litigation and regulatory infraction histories; evaluating the investment in innovation and sustainable business practices; looking at activities designed to improve corporate citizenship; and studying nominations from senior executives, industry peers, suppliers and customers.
The Ethisphere Institute looked at QS/1 as part of its study of the J M Smith Corporation. All of the corporations divisions played a role in the overall ranking to make the 2010 World’s Most Ethical Companies list.
“We are pleased to join the ranks of other South Carolina companies who made the list, including Milliken and Company and Fluor,” Cobb added.
The J M Smith Corporation made the ranking under the Healthcare category.
Read about the methodology and view the complete list of the 2010 World’s Most Ethical Companies at www.ethisphere.com/wme-2010. The World’s Most Ethical Companies will also be featured in the Q1 issue of the quarterly magazine Ethisphere, which will be released March 29.