 "Eaton has a heritage of doing business right, and that commitment
has remained steadfast as our company has grown to be a leader in
power management," said Deborah Severs, vice president for global
ethics and compliance. "Our goal is to achieve great results, guided
by fundamental values. We are honored to be recognized by the
Ethisphere Institute for this commitment."
Since first being named to Ethisphere's roster of the World's
Most Ethical Companies in the fall of 2007, Eaton has received
widespread recognition for responsible business practices,
including:
Being ranked No. 43 out of 500 companies by Newsweek magazine on
the first-ever "The Greenest Big Companies in America" list.
Receiving recognition by Barron's Magazine in 2009 as one of five
companies comprising its "Green Dream Team."
Being named in the Sustainable Asset Management 2010 Yearbook
among the world's top six diversified industrial companies for
sustainability leadership.
Receiving recognition as one of the "100 Best Corporate Citizens"
by Corporate Responsibility Officer magazine for three consecutive
years.
Being recognized with a "Most Committed Multi-National Award" for
social responsibility in China by Foreign Investment in China
magazine.
Winning the Calstart 2008 Blue SkyAward for innovation and
advancement in sustainable transportation technology.
Being ranked first on the list of "Top Innovators" on the
"Information Week 100" list by Information Week in Brazil and being
named among the "Top Innovators" on the "Information Week 500" list
by Information Week in the United States.
"Eaton's promotion of a sound ethical environment shines within
its industry and shows a clear understanding that operating under
the highest standards for business behavior goes beyond good will
and lip-service and is intimately linked to performance and
profitability," said Alex Brigham, executive director of the
Ethisphere Institute.
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Ethisphere reviewed thousands of nominations from companies in
more than 100 countries and 36 industries to determine the winners.
The research and selection process included reviewing companies'
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.
More information on the Ethisphere Institute is available at
www.ethisphere.com.
Other companies recognized on this year's list were Aflac,
American Express, Campbell Soup, the Ford Motor Company, General
Electric, Google, L'Oréal, Nike, PepsiCo, Starbucks, T-Mobile USA,
UPS, Whole Foods Market and Xerox.
Eaton Corp. is a diversified power management company with 2009
sales of $11.9 billion. Eaton is a global technology leader in
electrical components and systems for power quality, distribution
and control; hydraulics components, systems and services for
industrial and mobile equipment; aerospace fuel, hydraulics and
pneumatic systems for commercial and military use; and truck and
automotive drivetrain and powertrain systems for performance, fuel
economy and safety. Eaton has approximately 70,000 employees and
sells products to customers in more than 150 countries. For more
information, visit www.eaton.com.
[Text from file received from
Business Wire]
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