Recognition honors companies demonstrating business integrity through best-in-class ethics, compliance, and governance practices
FORT WORTH, TEXAS – MARCH 22, 2023 – Elbit Systems of America, LLC (Elbit America), a subsidiary of Elbit Systems Ltd, that is engaged in providing innovative solutions for defense, homeland security, commercial aviation, and intelligent medical diagnostics customers, has been recognized by Ethisphere, a global leader in defining and advancing the standards of ethical business practices, as one of the 2023 World’s Most Ethical Companies.
Elbit America has received the World’s Most Ethical Companies honor five times since 2014. The Ethisphere’s 2023 honorees list this year recognizes 135 companies, spanning 19 countries and 48 industries.
“Do the right thing – this is one of Elbit America’s core values and how we conduct our business operations. Our employees believe in this approach, and we incorporate ethics, honesty, integrity, and fairness into our work, and how we interact with one another,” said Elbit America President & CEO Raanan Horowitz. “Receiving the World’s Most Ethical Companies honor, once again, is a testament to our company culture and our employees’ collective commitment to doing what’s right at all times. We appreciate this honor from Ethisphere and congratulate the entire field of honorees.”
“Since earning our first World’s Most Ethical Companies honor in 2014, we have continued to evolve the company’s Ethics Program. We train our employees to ensure ethical practices are embedded into their work performance from the moment they join our company. We strive to stand out as an employer, partner, and supplier due to our ethical approach and mindset,” said Ben Gaffield, Senior Director of Ethics & Compliance at Elbit America.
“Ethics matters. Organizations that commit to business integrity through robust programs and practices not only elevate standards and expectations for all, but also have better long-term performance,” said Ethisphere CEO, Erica Salmon Byrne. “We continue to be inspired by the World’s Most Ethical Companies honorees and their dedication to making real impact for their stakeholders and displaying exemplary values-based leadership. Congratulations to Elbit America for earning a place in the World’s Most Ethical Companies community.”
Ethics & Performance
Ethisphere’s 2023 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 13.6 percentage points over a five-year period.
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 that 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.
To view the full list of this year’s honorees, please visit the World’s Most Ethical Companies website, at https://worldsmostethicalcompanies.com/honorees.
About Elbit America
Elbit Systems of America is celebrating its 30th anniversary in 2023. The growing company has facilities throughout the U.S., creating and delivering innovative solutions that protect and save lives. Elbit Systems of America, LLC is wholly owned by Elbit Systems Ltd. (NASDAQ: ESLT and TASE: ESLT), a global high technology company engaged in a wide range of programs for pioneering defense and commercial applications. For additional information, visit: www.ElbitAmerica.com or follow us on Twitter, LinkedIn and Instagram.
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, guidance, and benchmarking against its unparalleled data: The Culture Quotient dataset focused on ethical culture and featuring the responses of 2+ million employees around the world; and the Ethics Quotient dataset, featuring 200+ data points highlighting the ethics, compliance, social, and governance practices of the World’s Most Ethical Companies. For more information, visit https://ethisphere.com.