Now this is an
award that needs to be cherished and respected. Volvo Cars has been
recognised by the Ethisphere Institute, a global leader in defining and
advancing the standards of ethical business practices, as a 2019 World’s Most
Ethical Company. This is the third consecutive year that Volvo Cars has
received this recognition. Around 128 companies have been listed this year,
with Volvo Cars being one of only four in the Automotive category.
Maria
Hemberg, Senior Vice President Group Legal, General Counsel and Chair of Volvo
Cars’ Sustainability Board, said: “Responsible business is a fundamental part
of our culture and our way of doing business. That is why we actively promote
this, both towards our employees and our partners. An ethical approach to
business is not only the right thing to do, but it also makes business sense
and helps us to attract and keep the best people to the company.”
Volvo
Cars has established a Compliance & Ethics programme to support its
commitment to responsible business, as well as to prevent and mitigate a wide
range of legal and ethical risks. As part of this programme, the code of
conduct "Our Code – How we Act" and the Code of Conduct for Business
Partners, both based on international conventions and standards, set out the
principles which employees and business partners are expected to abide to when
working for or doing business with Volvo Cars.
Finally,
in line with its commitment to fostering an ethical culture, Volvo Cars has
developed a broad range of training on ethical business practices for all
employees, as well as specific training for managers focusing on behaviour and
role modelling.
Motown India wonders whether a similar award can be
constituted for auto journalists in India. Wonder what the results would be
like!