Five from N.J. make ‘Most Ethical Companies’ list

Five New Jersey companies have been honored by Ethisphere as part of its 2018 World’s Most Ethical Companies list.

This year, 135 companies were honored from 23 countries and 57 industries. The companies combined have approximately 6.28 million employees and $2.08 trillion in annual revenues.

The Ethisphere Institute said it recognizes these companies based on “their critical role to influence and drive positive change in the business community and societies around the world and work to maximize their impact wherever possible.”

“Over the last 12 years, we have repeatedly seen that those companies who focus on transparency and authenticity are rewarded with the trust of their employees, their customers and their investors. While negative headlines might grab attention, the companies who support the rule of law and operate with decency and fair play around the globe will always succeed in the long term,” said Ethisphere CEO Timothy Erblich. “Congratulations to all of the 2018 honorees.”

The following are the New Jersey-based honorees:

“We are excited to be recognized again as one of the World’s Most Ethical Companies,” said Ryan Schneider, Realogy CEO and president. “This recognition honors our company’s longstanding commitment to ethics. Even more importantly, it acknowledges our team’s daily efforts to lead with integrity and excellence, focused on innovation, best-in-class agent services and treating our partners, stakeholders, and each other with transparency and respect.”

The 2018 companies chosen for the honor were based upon the Ethisphere Institute’s Ethics Quotient, which allows for an impartial and quantitative way to address a company’s performance. Scores are generated in five categories: ethnics 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).