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ETHISPHERE ANNOUNCES ELBIT SYSTEMS OF AMERICA AS ONE OF THE 2022 WORLD'S MOST ETHICAL COMPANIES FOR THE FOURTH TIME

FORT WORTH, TEXAS – March 15, 2022- Elbit Systems of America (Elbit America), a leader in high-end technologies that support the defense industry, aviation, homeland security, and intelligent medical lab instruments, has been recognized by Ethisphere, a global leader in defining and advancing the standards of ethical business practices, as one of the 2022 World’s Most Ethical Companies. 

This is the fourth time Elbit America has earned the honor of being one of the World’s Most Ethical Companies, a distinction the company first earned in 2014. In 2022, Elbit America is the only aerospace and defense company included among the 135 honorees that span 22 countries and 45 industries. 

“At Elbit America, we are committed to doing what’s right. We incorporate ethics, honesty, integrity, and fairness into all of our work,” said Elbit Systems of America President and CEO Raanan Horowitz. “This approach is part of our company culture, and it’s shared among our workforce of more than 3,300 employees across the nation. Being recognized by Ethisphere this year is a tremendous honor, and we are privileged to be named as one of the World’s Most Ethical Companies once again.”

“Ethics are embedded into all facets of our company,” said Jeff Rhodes, Director of Ethics at Elbit Systems of America. We are continually evolving our Ethics Program and invest time and effort in training among our employees to ensure a consistent understanding of our company expectations when it comes to ethical practices.”

“Today, business leaders face their greatest mandate yet to be ethical, accountable, and trusted to drive positive change,” said Ethisphere CEO Timothy Erblich. “We continue to be inspired by the World’s Most Ethical Companies honorees and their dedication to integrity, sustainability, governance, and community. Congratulations to Elbit Systems of America for earning the World’s Most Ethical Companies designation.”

Ethics & Performance 
Ethisphere’s 2022 Ethics Index, the collection of publicly traded companies recognized as recipients of this year’s World’s Most Ethical Companies designation, outperformed a comparable index of large cap companies by 24.6 percentage points over the past five calendar years.

The outperformance, which Ethisphere refers to as the “Ethics Premium,” has remained consistent since Ethisphere began tracking the performance of honoree companies.

 Methodology & Scoring
Grounded in Ethisphere’s proprietary Ethics Quotient®, the World’s Most Ethical Companies assessment process includes more than 200 questions on culture, environmental and social practices, ethics and compliance activities, governance, diversity, and initiatives to support a strong value chain. The process serves as an operating framework to capture and codify the leading practices of organizations across industries and around the globe.

Honorees 
The full list of the 2022 World's Most Ethical Companies can be found at https://worldsmostethicalcompanies.com/honorees.