For the second consecutive year, The Hershey Company has secured its position among the esteemed World’s Most Ethical Companies, as recognized by Ethisphere, a leading global authority dedicated to advancing ethical business standards. This year, The Hershey Company proudly joins a select group of 136 distinguished companies awarded the prestigious title of the World’s Most Ethical Companies for 2024, spanning across 20 nations and 44 different industries.
The accolade of being named among the World’s Most Ethical Companies holds significant weight, as these companies consistently outperform their peers financially, showcasing tangible returns on investment for their commitment to ethical practices. According to Ethisphere’s data, this year’s honorees have surpassed a comparable index of large-cap companies by an impressive 13.6 percentage points over a five-year period.
2024 marks the 18th anniversary of the World’s Most Ethical Companies recognition, underscoring the enduring commitment of honorees to uphold ethical business standards. These companies have showcased their dedication through robust initiatives that positively impact employees, communities, and stakeholders, while also fostering sustainable long-term business growth.
The evaluation process for the World’s Most Ethical Companies award is rigorous and comprehensive, relying on Ethisphere’s proprietary Ethics Quotient®. This detailed questionnaire encompasses over 240 different metrics, assessing aspects such as corporate culture, environmental and social practices, ethics and compliance programs, diversity and inclusion efforts, and initiatives supporting a resilient value chain. Following submission, the data undergoes thorough qualitative analysis by a panel of experts, who dedicate thousands of hours to vetting and evaluating each applicant. This meticulous process serves as a framework to identify and highlight best-in-class practices from organizations worldwide, across various industries.
