RESEARCH TRIANGLE PARK, N.C. — RTI International, a nonprofit research institute, has been recognized by the Ethisphere Institute, a global leader in defining and advancing the standards of ethical business practices, as one of the 2019 World’s Most Ethical Companies. RTI is the sole honoree recognized in the Scientific & Technical Services category for the third year in a row.
“RTI remains dedicated to maintaining the highest ethical standards in our business practices, and our values are shared by all of our staff,” said E. Wayne Holden, PhD, president and CEO of RTI. “We are proud of being named a Most Ethical Company three years in a row and will continue to be a superlative representative for the scientific and technical services industry.”
The World's Most Ethical Companies assessment is based upon the Ethisphere Institute’s Ethics Quotient® (EQ) framework, which offers a quantitative way to assess a company’s performance in an objective, consistent and standardized manner. Scores are generated in five key categories: ethics and compliance program (35 percent), culture of ethics (20 percent), corporate citizenship and responsibility (20 percent), governance (15 percent) and leadership and reputation (10 percent). All companies that participate in the assessment process receive their scores, providing them with valuable insights into how they stack up against leading organizations.
RTI has an extremely visible Ethics and Compliance program, which includes a Code of Ethics and Business Conduct for RTI’s more than 5,000 employees working in more than 50 countries, a confidential Business Ethics hotline and a web resource on the company’s intranet.
“All of our activities are driven by our core mission to improve the human condition. A natural extension of that mission is to demonstrate a strong ethical compass in all that we do, as an organization and also as individual staff members,” said Mary Elizabeth Reiss, RTI’s vice president of compliance and ethics. “It’s a great achievement and honor to be recognized for our commitment to robust ethical practices for the third year in a row.”
“Today, employees, investors and stakeholders are putting their greatest trust in companies to take leadership on societal issues. Companies that take the long view with a purpose-based strategy are proven to not only outperform but last,” said Ethisphere’s Chief Executive Officer, Timothy Erblich. “I congratulate everyone at RTI for earning this recognition.”