At the heart of the evaluation and selection process for Ethisphereç's World's Most Ethical Companies is Ethisphere's proprietary rating system, the corporate Ethics Quotient (EQTM). T
he framework of EQ is comprised of a series of multiple choice questions that capture a company's performance in an objective, consistent and standardized way. The information collected is not intended to cover all aspects of corporate governance, risk, sustainability, compliance or ethics, but rather it is a comprehensive sampling of definitive criteria of core competencies.....
The EQ framework consists of five core categories. The categories and associated weighting for each is defined as follows:
Ethics and Compliance Program (25%) .......
Reputation, Leadership and Innovation (20%)........
Governance (10%)........
Corporate Citizenship and Responsibility (25%)........
Culture of Ethics (20%)......
An initial unverified EQ score is derived through a proprietary matrix of relationships between answers to given questions and a set of complex formulas based on demographic qualifiers. It is important to understand that while the EQ is the foundation for the WME selection process, the process does not end when the survey is complete. The EQ results simply help us to narrow the number of entrants to the top percentile of performers in each industry. Once a company's EQ score warrants additional consideration for WME recognition, additional due diligence efforts begin. This process may include multiple means of verification as needed and warranted, including independent research, request for documentation supporting select answers and/or interviews with company leadership.
Scoring & Methodology | Ethisphere® Institute