A century and a half ago, Milliken & Company was founded on the basis of family values, a dedication to ethical practices and a commitment to ‘doing good.’ This year, that core mission was once again recognized by the Ethisphere® Institute, which designated Milliken as one of the World’s Most Ethical Companies® for the 10th year in a row.
This recognition is bestowed upon companies that align principle with action, work tirelessly to make trust part of their corporate DNA, and in doing so, share future industry standards by introducing tomorrow’s best practices.
Since Ethisphere and the award’s inception a decade ago, Milliken has received this honor every single year. Milliken is one of just 14 companies to earn this award consecutively, and one of 21 privately held companies to be recognized this year.
“Milliken’s 150 years demonstrate what few companies can: a sustainable business advantage supported by their values and commitment to ethics and innovation," explained Ethisphere CEO Timothy Erblich. “Milliken recognizes the correlation between ethics and performance and the value this creates for its communities, customers and associates. Congratulations to everyone at Milliken for being recognized as a 2016 World's Most Ethical Company and on your 150-year anniversary.”
Milliken & Company President and CEO Joe Salley commented on the honor: “The landscape of corporate ethics is changing, driven by an increasing desire for transparent relationships with companies in the industries and local communities in which they operate. Strong ethical values and a passion for meaningful innovation unite all Milliken associates worldwide.”
The World's Most Ethical Company assessment is based upon the Ethisphere Institute’s Ethics Quotient™ (EQ) framework developed over years of research and vetted and refined by the expert advice from Ethisphere’s World’s Most Ethical Company Methodology Advisory Panel. The EQ offers a quantitative way to assess a company’s performance in an objective, consistent and standardized way. 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.
Scores are generated in five key categories: ethics and compliance program (35 percent), corporate citizenship and responsibility (20 percent), culture of ethics (20 percent), governance (15 percent) and leadership, innovation and reputation (10 percent) and provided to all companies who participate in the process.
Milliken is honored to receive this honor. We look forward to further demonstrating and enhancing our dedication to ethics now and in the future.Learn more about our values and mission here and review the full list of all 2016 World’s Most Ethical Companies on ethisphere.com.