Oshkosh Corporation [NYSE:OSK], manufacturer of specialty vehicles and vehicle bodies and the parent company of Jerr-Dan, was recently honored by the Ethisphere Institute as one of the 2019 World’s Most Ethical Companies. Oshkosh Corporation is one of four honorees in the automotive category.
This is the fourth consecutive year Oshkosh Corporation has been listed as a World’s Most Ethical Company and is one of 128 companies spanning 21 countries and 50 industries named to this list.
“We are honored, once again, to be recognized for this award,” said Wilson R. Jones, president and chief executive officer, Oshkosh Corporation. “It is a testament to our 15,000 team members who demonstrate everyday our values of citizenship, honesty, accountability, integrity and respect.”
“Operating with integrity and ethics is what fuels our spirit for innovation, which is why we are honored to receive this recognition for a fourth consecutive year,” said Richard Del Campo, vice president & general manager at Jerr-Dan. “It is our people, our product quality, our unwavering commitment to safety and ethics that sets up apart.”
“Today, employees, investors and stakeholders are putting their greatest trust in companies to take leadership on societal issues,” said Timothy Erblich, chief executive officer, Ethisphere Institute. “Companies that take the long view with a purpose-based strategy are proven to not only outperform, but last. I congratulate everyone at Oshkosh Corporation for earning this recognition.”
The World’s Most Ethical Companies assessment is based upon the Ethisphere Institute’s Ethics Quotient® (EQ) framework, which offers a quantitative way to assess a company’s performance in an objective, consistent and standardized manner. 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), culture of ethics (20 percent), corporate citizenship and responsibility (20 percent), governance (15 percent) and leadership and reputation (10 percent). All companies that participate in the assessment process receive their scores, providing them with valuable insights into how they stack up against leading organizations.