Browse Definitions :
Definition

World's Most Ethical (WME)

The World’s Most Ethical Companies (WME) is an unranked list published annually by the Ethisphere Institute in New York.

This list is derived from both self-nominated companies and third-party nominees. Nominees must complete a questionnaire designed to yield information about ethics, innovation, corporate governance and corporate culture. Nominees are further evaluated on criteria including sustainability and transparency of business practices, details of any litigation, regulatory infractions, investments, business models, products and input from employees and customers.

Since the WME list’s inception in 2007, the number of nominees has increased every year. Benefits to honorees include improved employee recruitment and retention, enhancements to marketing campaigns and better public relations (PR), especially in new markets.

According to the institute, the purpose of the WME list is to promote ethical business practices and “shape future industry standards by introducing best practices today.”

This was last updated in November 2013

Continue Reading About World's Most Ethical (WME)

SearchCompliance
  • OPSEC (operations security)

    OPSEC (operations security) is a security and risk management process and strategy that classifies information, then determines ...

  • smart contract

    A smart contract is a decentralized application that executes business logic in response to events.

  • compliance risk

    Compliance risk is an organization's potential exposure to legal penalties, financial forfeiture and material loss, resulting ...

SearchSecurity
  • threat modeling

    Threat modeling is a procedure for optimizing application, system or business process security by identifying objectives and ...

  • distributed denial-of-service (DDoS) attack

    A distributed denial-of-service (DDoS) attack is one in which multiple compromised computer systems attack a target, such as a ...

  • social engineering

    Social engineering is an attack vector that relies heavily on human interaction and often involves manipulating people into ...

SearchHealthIT
SearchDisasterRecovery
  • change control

    Change control is a systematic approach to managing all changes made to a product or system.

  • disaster recovery (DR)

    Disaster recovery (DR) is an organization's ability to respond to and recover from an event that affects business operations.

  • risk mitigation

    Risk mitigation is a strategy to prepare for and lessen the effects of threats faced by a business.

SearchStorage
  • bare-metal cloud

    Bare-metal cloud is a public cloud service that offers dedicated hardware resources without any installed operating systems or ...

  • race condition

    A race condition is an undesirable situation that occurs when a device or system attempts to perform two or more operations at ...

  • storage security

    Storage security is the group of parameters and settings that make storage resources available to authorized users and trusted ...

Close