March 7, 2013
Realogy Named Among
World's Most Ethical Companies for Second Consecutive Year
Realogy Holdings
Corp., a global leader in real
estate services, has been recognized among
the 2013 World’s Most Ethical
Companies for the second consecutive
year, a recognition that highlights
companies that outperform industry
peers when it comes to ethical
behavior. Ethisphere®
Institute, a leading international
think-tank, announced its selections
at its 2013 honoree dinner
that kicked off its Global Ethics
Summit at the Grand Hyatt Hotel in
New York City.
A record number of
nominations and applications this
year is evidence of both the World's
Most Ethical Companies' growing
recognition by various stakeholder
groups and companies’ desire to be
recognized for their integrity
standards and ethical cultures.
“We are humbled by
the recognition we have received by
Ethisphere Institute, clearly the
gold standard in advancing the
social and corporate significance of
ethical conduct,” said Richard A.
Smith, chairman, chief executive
officer and president, Realogy
Holdings Corp. “We take our
responsibilities with respect to
business ethics seriously, and as we
continue to advance the cause
throughout all aspects of our
business, we are also working to
include our business partners,
vendors, suppliers and our industry
in our efforts.”
Realogy’s
application for the award covered
topics about the Company’s corporate
governance, ethics and compliance
program, reputation, leadership and
innovation, corporate citizenship
and responsibility, and internal
communication strategies for its
ethics and compliance annual plan.
“Our ethics and
compliance program is broad, ranging
from information protection to
business conduct, and we
continuously challenge ourselves to
enhance our program by looking for
new ways to take it from policy and
integrate it into business
practice,” said Elisabeth Gehringer,
Realogy’s compliance and ethics
officer. “Every employee is
individually charged with the
responsibility for ethical behavior,
and Realogy strives to set the
standard for ethical conduct in its
industry. Our program tagline says
it all: Ethics: We believe it,
we live it, we deliver on it.
It’s who we are.”
Kevin Kelleher,
president and chief executive
officer of Realogy’s global
relocation subsidiary, Cartus
Corporation, is a panelist at
Ethisphere’s Global Ethics Summit
this week. In 2012, Kelleher wrote
an article for Ethisphere
Magazine entitled, “Building
Trust Into Your Business,” which was
showcased alongside articles from
some of the world’s most influential
business leaders.
“With more
companies applying for the World’s
Most Ethical Companies recognition
this year than any year in the past,
it demonstrates that ethical
activity is an important part of
these companies’ business models,”
said Alex Brigham, executive
director of Ethisphere. “We are
excited to see Realogy and the other
2013 World’s Most Ethical Companies
take these leadership positions and
embrace the correlation between
ethical behavior and improved
financial performance.”
Through
in-depth research and a multi-step
analysis, Ethisphere reviewed
nominations from companies in more
than 100 countries and 36
industries. The methodology for the
World’s Most Ethical Companies
includes reviewing codes of ethics,
litigation and regulatory infraction
histories; evaluating the investment
in innovation and sustainable
business practices; looking at
activities designed to improve
corporate citizenship; and studying
nominations from senior executives,
industry peers, suppliers and
customers.
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