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Kennametal Receives World's Most Ethical Company Award
Kennametal announced that it has been awarded the World's Most Ethical Company by the Ethisphere Institute. Kennametal has been named the World's Most Ethical Company for its leadership in promoting ethical standards of business in its global business and for putting ethics into practice in introducing innovative thinking and better business practices. Ethics and integrity are deeply rooted in Kennametal, and we are honored to be named one of the most ethical companies in the world,' commented Carlos Cardoso, Kennametal Chairman, President and CEO. An employer of choice for employees, ethics are at the heart of Kennametal's value-added business system. We believe that it is necessary for a sustainable business to understand market conditions and stakeholder expectations, while respecting the interests and needs of those with whom we live and work. This awareness drives us to do the right thing every day, making a difference that reinforces our commitment to the preservation and well-being of our company and our employees' reputation. Ethisphere is a top global think tank dedicated to promoting and sharing best practices in business ethics, corporate social responsibility, anti-commercial corruption and sustainable development. This year, Ethisphere has conducted in-depth research and analysis of 36 industries from more than 100 countries around the world. About 5,000 nominated companies were selected, and the evaluation criteria involved reputation, social responsibility, corporate culture and other aspects.