Ethisphere announces illycaffè as one of the 2022 World's Most Ethical Companies, the company’s 10th consecutive honor
Recognition honors companies demonstrating exceptional leadership and a commitment to business integrity through best-in-class ethics, compliance, and governance practices
NEW YORK and TRIESTE, ITALY – March 15, 2022 – illycaffè, a global leader in sustainable high-quality coffee, 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.
illycaffè has been recognized for ten consecutive years and is the only Italian company being honored this year, among a total of 136 honorees recognized spanning 22 countries and 45 industries.
“Our commitment to ethical business practices is part of the company’s heritage from its beginnings, and we continue on a path of leadership for the entire coffee industry, which places ethics as an essential component of our sustainable business model,” said Andrea Illy, President and Chairman of illycaffè s.p.a. “The milestone of reaching our tenth year of being recognized among the World’s Most Ethical Companies following our recent certification as a B-Corp, are significant accomplishment for illy, but it is imperative that we propel forward and set our sights on accomplishing even more like carbon neutrality and being a catalyst for positive action to mitigate the impacts of climate change.”
“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 illycaffè for earning the World’s Most Ethical Companies designation for a tenth consecutive year.”
Methodology & Scoring
Grounded in Ethisphere’s proprietary Ethics Quotient®, the World’s Most Ethical Companies assessment process includes more than 200 questions on culture, environmental and social practices, ethics and compliance activities, governance, diversity, and initiatives to support a strong value chain. The process serves as an operating framework to capture and codify the leading practices of organizations across industries and around the globe.
The full list of the 2022 World's Most Ethical Companies can be found at https://worldsmostethicalcompanies.com/honorees.