SCA Personal Care's Global Parent Selected for Prestigious List from a
Worldwide Field of 5,000
PHILADELPHIA, June 19 /CNW/ - The Ethisphere Institute has selected SCA,
the global parent company of SCA Personal Care, from among 5,000 companies for
inclusion in its 2008 World's Most Ethical Companies list.
The Ethisphere Institute - a think-tank dedicated to the research and
promotion of profitable best practices in global governance, business ethics,
compliance and corporate responsibility - announced the award June 3, 2008, at
an ethics-in-business conference that it co-sponsored with Forbes magazine.
The rigorous selection process reviewed over 5,000 of the world's leading
companies, recognizing 95 companies in 33 industries.
SCA, which is based in Sweden and does business in 90 countries, was one
of only three companies honored in the Forestry, Paper & Packaging category.
"We applaud SCA, which is among the companies honored this year because
they have developed impressive and meaningful ethical business practices,
making them true standouts within their industries," said Alexander Brigham,
Executive Director of the Ethisphere Institute. "They go well beyond legal
minimums, opting instead to bring about innovative ideas that contribute to
the public well being. By their actions, they are forcing their competitors to
follow suit or fall behind. SCA truly embodies the notion that ethical
business practices are more profitable in the long run."
The 2008 World's Most Ethical Companies committee is comprised of leading
attorneys, government officials, professors and leaders concerned about
ethical and honest business practices. Ethisphere analysts reviewed codes of
ethics, litigation and regulatory infraction histories; evaluated investment
in innovation and sustainable business practices; looked at companies'
activities to improve corporate citizenship; studied nominations from senior
executives, industry peers, suppliers and customers; and worked with consumer
action groups for feedback and ratings.
In addition to being recognized by the Ethisphere Institute, SCA was
ranked in 2007 as the second most environmentally-friendly company in the
world by The Independent, a major British newspaper, in conjunction with
Ethical Investment Research Services (EIRIS), a leading non-profit provider of
independent research into the social, environmental and ethical performance of
more than 2,800 companies worldwide.
For further information:
For further information: The Ethisphere Institute: www.ethisphere.com;
SCA: www.sca.com; SCA Personal Care & TENA(R) - US: www.tena-usa.com