For the seventh time in the past nine years, the Ethisphere Institute has named Cleveland Clinic as a World’s Most Ethical Company, an award that recognizes organizations that demonstrate a commitment to corporate citizenship, integrity, transparency and ethical business practices.
Cleveland Clinic is one of 124 companies in 19 countries – and one of just seven healthcare organizations –honored by Ethisphere in 2017.
“Cleveland Clinic is committed to cultivating ethical business practices through transparency and a firm commitment to do what’s right, whether it’s for the organization, the community, our caregivers or our patients,” said Donald A. Sinko, Cleveland Clinic’s Chief Integrity Officer. “This award demonstrates our pledge to emphasize corporate compliance, social responsibility, environmental stewardship and ethical decision-making in all facets of our enterprise.”
Cleveland Clinic, which earned its first Ethisphere ranking in 2009, has established itself as an industry leader through a variety of innovative initiatives. In recent years, Cleveland Clinic has instituted programs that manage potential conflicts of interest; provide transparency on the industry relationships of physicians and researchers; publicly report clinical outcomes; and promote environmentally friendly building and sustainability programs. Cleveland Clinic was the first healthcare provider in the United States – and the second in the world – to sign the United Nations Global Compact; it is also a founding member of the Northeast Ohio Business Ethics Coalition.
“Cleveland Clinic is a trailblazer in creating innovative strategies and techniques to provide healthcare services in a more efficient and effective manner,” said Ethisphere’s Chief Executive Officer, Timothy Erblich. “Cleveland Clinic’s focus on sustainability and its impact on the community is truly amazing and has landed it on the World’s Most Ethical Companies list for the seventh time.”
The award, in its 11th year, honors companies that “recognize their role in society to influence and drive positive change, consider the impact of their actions on their employees, investors, customers and other key stakeholders and use their values and culture as an underpinning to the decisions they make every day,” according to the Ethisphere Institute.
Scores are generated in five key categories: ethics and compliance program; corporate citizenship and responsibility; culture of ethics; governance; and leadership, innovation and reputation.
The full list of the 2017 World’s Most Ethical Companies can be found at http://worldsmostethicalcompanies.ethisphere.com/honorees/.