Ethisphere Recognizes FedEx with Compliance Leader Verification™
Ethisphere's Compliance Leader Verification (CLV) recognizes organizations with an outstanding commitment to achieving a best-in-class ethics and compliance program.
NEW YORK, July 28, 2021 (Newswire.com) - Ethisphere, a global leader in defining and advancing the standards of ethical business practices, announced today that FedEx earned the coveted Compliance Leader Verification for 2021-2022. FedEx provides customers and businesses worldwide with a broad portfolio of transportation, e-commerce and business services.
"Our team was impressed by how FedEx has embedded its ethics and compliance program into the business through its excellent training, risk assessment, monitoring, and auditing," said Leslie Benton, J.D., Vice President, Ethisphere. "We congratulate FedEx on this Compliance Leader Verification recognition and the company's commitment to business integrity."
"I'm very proud of all of the FedEx team members who have worked so hard to develop our compliance programs and maintain the FedEx culture of integrity," said Justin Ross, Staff Vice President and Chief Compliance Officer, FedEx Corporation. "Embedding compliance in the business is key to compliance program success, and a strong ethical culture, and we keep that top of mind by engaging business partners in risk assessment discussions, updates to policies, refreshing online training and ongoing reviews of our key programs."
The Compliance Leader Verification process involves a rigorous review of an ethics and compliance program and corporate culture. It includes completing the Ethics Quotient® (EQ), a questionnaire covering the elements of an effective program; benchmarking program practices against the World's Most Ethical Companies®; and extensive document review and interviews with executives and stakeholders.
The FedEx ethics and compliance program was evaluated on six key areas: resources and structure; perceptions of ethical culture; written standards; training and communication; risk assessment, monitoring and auditing; and enforcement, discipline, and incentives.
More information about Compliance Leader Verification is available at https://ethisphere.com/what-we-do/leader-verification/
About Ethisphere
Ethisphere® is the global leader in defining and advancing the standards of ethical business practices that fuel corporate character, marketplace trust, and business success. Ethisphere has deep expertise in measuring and defining core ethics standards using data-driven insights that help companies enhance corporate character. Ethisphere honors superior achievement through its World's Most Ethical Companies® recognition program, provides a community of industry experts with the Business Ethics Leadership Alliance (BELA), and showcases trends and best practices in ethics with Ethisphere Magazine. Ethisphere also helps to advance business performance through data-driven assessments, benchmarking, and guidance. More information about Ethisphere can be found at https://www.ethisphere.com. Follow us on Twitter @Ethisphere
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Source: Ethisphere