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Canon USA honoured for ethical business practices

February 27, 2019

Canon U.S.A., Inc. has received recognition as one of the 2019 World’s Most Ethical Companies.

For the second year in a row, the Ethisphere Institute has bestowed the honour upon Canon as a company that makes it a mission to affect positive change in business communities across the nation.

“Today, employees, investors, and stakeholders are putting their greatest trust in companies to take leadership on societal issues,” said Timothy Erblich, Chief Executive Officer, Ethisphere. “Companies that take the long view with a purpose-based strategy are proven to not only outperform, but last. I congratulate everyone at Canon for earning this recognition.”

The World’s Most Ethical Companies assessment is based upon the Ethisphere Institute’s Ethics Quotient (EQ) framework, which offers a quantitative way to assess a company’s performance in an objective, consistent, and standardised manner. The information collected provides a comprehensive sampling of definitive criteria of core competencies rather than all aspects of corporate governance, risk, sustainability, compliance and ethics.

“For the Ethisphere to honour Canon with this renowned title is a true reflection of the values, culture, and leadership that drive our organisation,” said Kenneth Sharpe, Vice President, corporate audit, ethics and business consultation, Canon U.S.A., Inc. “This distinction directly speaks to our versatility and dedication to helping serve our communities through our advanced solutions and initiatives.”

In 2019, 128 honourees were recognised, spanning 21 countries and 50 industries. The thirteenth class of honourees profoundly illustrate how companies continue to be the driving force for improving communities, building capable and empowered workforces, and fostering corporate cultures focused on ethics and a strong sense of purpose.

Scores are generated in five key categories: ethics and compliance program (35 percent), culture of ethics (20 percent), corporate citizenship and responsibility (20 percent), governance (15 percent), and leadership and reputation (10 percent).

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