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ST. PAUL, Minn., Jun 04, 2008 (BUSINESS WIRE) -- Ecolab Inc. announced today that it has once again been named one of the World's Most Ethical Companies by Ethisphere Magazine. Fewer than 100 companies were chosen for the award.
"We're extremely honored to receive the award again this year," said Douglas M. Baker, Jr., Chairman, President and Chief Executive Officer of Ecolab. "We believe it is vitally important to our long term success to create an environment where our leadership, our associates and our culture are all grounded in ethical business practices. This enables us to grow our business in a way that is not only more profitable, but also more sustainable, and demonstrates our conviction that ethical practices contribute to both a company's profits and society."
Ethisphere stated that this year's methodology committee was comprised of leading attorneys and government officials, professors and leaders who care about ethical and honest business practices.
The extensive research process included reviewing over 10,000 of the world's leading companies on six continents. 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 rating. For more details, visit www.ethisphere.com.
With sales of $5.5 billion and more than 26,000 associates, Ecolab Inc. (NYSE: ECL) is the global leader in cleaning, sanitizing, food safety and infection prevention products and services. Ecolab delivers comprehensive programs and services to foodservice, food and beverage processing, healthcare, and hospitality markets in more than 160 countries. More news and information is available at www.ecolab.com.
(ECL-C)
SOURCE: Ecolab Inc.
Ecolab Inc. Jennifer Kirscher, 651-293-2846
Copyright Business Wire 2008
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