Atlas Copco recognized in prestigious ethical ranking
Stockholm, Sweden, March 6, 2013: Today Atlas Copco was ranked as one of the world’s most ethical companies by Ethisphere Institute. The list, presented at the Global Ethics Summit in New York, United States, recognizes companies that introduce best practices in corporate ethics.
Ethics is a key element in how Atlas Copco operates. The Group has a strict attitude and clear policy governing business practice with a comprehensive educational program that includes, for instance, inviting suppliers to take part in web-based ethics classes.
Atlas Copco runs an annual corruption awareness training program, which thousands of employees took last year, and all managers in the Group confirmed compliance with the company’s Business Code of Practice. Atlas Copco is a signatory to the UN Global Compact, a strategic policy initiative for businesses that are committed to aligning their operations and strategies with ten universally accepted principles in the areas of human rights, labor, environment and anti-corruption.
“Doing business ethically is not only the right thing to do but is how we also develop and grow our business in a profitable way,” said Håkan Osvald, Senior Vice President General Counsel at Atlas Copco. “We have a value-based culture and train our employees to work and think ethically and to prioritize the long-term results and sustainable, profitable development.”
Earlier this year, Transparency International, a global coalition against corruption, recognized Atlas Copco’s efforts in its report on the 20 largest Swedish companies. Atlas Copco scored a 100% rating.
To read more about the Ethisphere, see www.ethisphere.com.
For further information please contact:
Håkan Osvald, Senior Vice President General Counsel
+46 (0)8 743 8995
Ola Kinnander, Media Relations Manager
46 (0)8 743 8060 or 46 (0)70 347 2455
Atlas Copco is an industrial group with world-leading positions in compressors, expanders and air treatment systems, construction and mining equipment, power tools and assembly systems. With innovative products and services, Atlas Copco delivers solutions for sustainable productivity. The company was founded in 1873, is based in Stockholm, Sweden, and has a global reach spanning more than 170 countries. In 2012, Atlas Copco had 39 800 employees and revenues of BSEK 90.5 (BEUR 10.5). Learn more at www.atlascopco.com.