Business Services Industry

Freescale among 2009 “World’s Most Ethical Companies”

Business Wire, April 17, 2009

Award Recognizes Real and Sustained Ethical Leadership within Various Industries

AUSTIN, Texas -- Freescale announced today it has been named one of the 2009 World’s Most Ethical Companies by the Ethisphere Institute. Freescale earned a coveted place on the list by going beyond legal minimums, introducing innovative ideas to benefit the public and forcing its competitors to follow suit by consistently upping the ante for what it takes to be an ethical leader. This is the second year in a row Freescale has been included on the list.

"Freescale is honored to be named one of the World's Most Ethical Companies, validating our commitment to promoting a solid ethical environment within our corporation," said Larry Parsons, vice president of Business Conduct and Ethics. “Our leadership is dedicated to communicating the importance of ethics as a critical part of running a business and we strive to ensure all of our employees maintain the high standards we have set for ourselves."

This is the second ethics-related award Freescale has received this year – the first was the Better Business Bureau Torch Award for Marketplace Excellence in March 2009.

This is the third year Ethisphere, a think-tank dedicated to the creation, advancement and sharing of best practices in business ethics, corporate social responsibility, anti-corruption and sustainability, has published the WME rankings, which appear in Ethisphere Magazine’s Q1 issue.

Through a rigorous, multi-step evaluation process, Ethisphere’s researchers and analysts reviewed more than 10,000 companies in order to determine the finalists.

“Freescale has proven to be one of the world leaders in upholding high ethical standards, making it a true standout in its industry, especially as unethical business actions and decisions grab headlines each day,” said Alex Brigham, Executive Director of the Ethisphere Institute. “The competition for this year’s World’s Most Ethical Companies was very strong and we applaud Freescale for rising to the top. Freescale recognizes that being ethical is not only the right thing to do, it is also good business practice and leads to more successful and profitable operations.”

The methodology for the WME ranking includes reviewing codes of ethics, litigation and regulatory infraction histories; evaluating the investment in innovation and sustainable business practices; looking at activities designed to improve corporate citizenship; studying nominations from senior executives, industry peers, suppliers and customers; and working with consumer action groups for feedback. The 2009 World’s Most Ethical Companies methodology committee, comprised of leading attorneys, government officials, professors and organization leaders, were consulted early on in the 2009 WME process and had the opportunity to review and comment on the methodology used to rate this year’s nominees. Ethisphere researchers further analyze information provided by the companies through questionnaires.

To view the complete list of the 2009 World’s Most Ethical Companies, please visit http://ethisphere.com/wme2009/.

About Freescale Semiconductor

Freescale Semiconductor is a global leader in the design and manufacture of embedded semiconductors for the automotive, consumer, industrial, networking and wireless markets. The privately held company is based in Austin, Texas, and has design, research and development, manufacturing or sales operations around the world. www.freescale.com

About Ethisphere Institute

The research-based Ethisphere Institute is a leading international think-tank dedicated to the creation, advancement and sharing of best practices in business ethics, corporate social responsibility, anti-corruption and sustainability. The Institute’s associated membership group, the Ethisphere Council, is a forum for business ethics that includes more than 200 leading corporations, universities and institutions. The Ethisphere Council is dedicated to the development and advancement of individuals on its membership council through increased efficiency, innovation, tools, mentoring, advice, and unique career opportunities. Ethisphere Magazine, which publishes the globally recognized World’s Most Ethical Companies Ranking™, is the quarterly publication of the Institute. More information on the Ethisphere Institute, including ranking projects and membership, can be found at http://www.ethisphere.org.

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Freescale and the Freescale logo are trademarks or registered trademarks of Freescale Semiconductor, Inc. in the U.S. and other countries. All other product or service names are the property of their respective owners. © Freescale Semiconductor, Inc. 2009

Copyright Business Wire 2009
 

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