Natura, a Brazilian multinational leader in the cosmetics market and toiletries and beauty, has just been recognized as one of the most ethical companies by the Ethisphere Institute 2015, Institute of global presence, a leader in defining and improving ethical business practices.
The award World’s Most Ethical Companies recognizes the work of organizations that have had significant impact on conducting business by fostering a culture of ethics and transparency in all levels of the company.
The award crowns the Natura´s commitment to the ethical standards of business and with the long-term practices that ensure benefits to all company stakeholders, including customers, employees, suppliers, regulators and investors.
In the edition of 2015, Natura was recognized in the category of health and beauty, as well as in 2011, 2012 and 2013. In 2014, the company was highlighted among the general consumer products companies.
“For us this recognition symbolizes the embodiment of our values and beliefs. We are continuously working to improve our processes and strengthen our commitment to ethics and respect with customers and with all the stakeholders with whom we interact, focusing on transparency and improvement of corporate governance practices, ” said Roberto Lima, director -president of Natura.
The evaluation of the companies made for the award is based on Ethical Quotient ™ (EQ) developed over the years by the Ethisphere Institute as way to estimate the performance of organizations in an objective, consistent and standardized.
The Ethical Quotient ™ (EQ) and the methodology are determined, controlled and improved by the specialized consulting of network leaders of the Ethisphere Institute and validated by the World’s Most Ethical Company Methodology Advisory Panel. The scores are generated in five main categories: ethics and compliance program (35%), responsibility and corporate citizenship (20%), culture of ethics (20%), governance (15%) and leadership, innovation and reputation (10 %).
The full list of the World’s Most Ethical Companies of 2015 can be found at: http://ethisphere.com/worlds-most-ethical/wme-honorees/.
11 de March de 2015 • Social Responsibility •
Natura is recognized for ethical practices by Etisphere Institute