Wednesday, March 20, 2013

Whole Foods and Safeway Named to World's Most Ethical Companies List


Food supermarkets Whole Foods Market and Safeway are leading proponents of corporate social responsibility. Individually, they've instituted philanthropic programs such as Whole Planet Foundation, which creates economic opportunity for food producers in developing countries, and the Safeway Foundation, which supports charitable efforts toward hunger relief, education and assistance for people with disabilities. Now, they've officially been named among 2013's World's Most Ethical Companies.

The designation is courtesy of Ethisphere Institute, a think tank dedicated to advancing best practices in business ethics, anti-corruption and sustainability. For the past seven years, it annually selects companies in a variety of industries for its official list. Company executives, industry peers, suppliers and customers nominate businesses, which are then evaluated by Ethisphere for investment in sustainable practices, codes of ethics and corporate citizenship activities. This year 145 companies were named from three dozen industries including retail, insurance, aerospace and alternate energy.

Other food companies named to Ethisphere's 2013 list include Starbucks, UK's Marks and Spencer and New Zealand's All Good Organics. The list is published in the current issue of the quarterly magazine Ethisphere and is available here.

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