In a world where every brand claims to “do good,� how do you know which companies are actually ethical—and which ones are just greenwashing? That’s where the World’s Most Ethical Companies list steps in.
Every year, global leaders in corporate ethics, sustainability, and governance are recognized not for buzzwords—but for measurable action. These are the companies that go beyond compliance. They embed ethical business practices into everything they do—climate action, human rights, supply chain responsibility, data privacy, and inclusive leadership.
In this guide, we’re spotlighting the most ethical companies—honorees recognized by Ethisphere for their transparent governance, verified ESG performance, and real-world impact. From sustainable manufacturing to ethical AI, these companies are redefining what ethical leadership looks like in a rapidly changing world.
So, whether you’re an investor, job seeker, or conscious consumer, this list will help you discover which businesses are walking the talk—and setting the global standard for what it means to be truly ethical.
Key Takeaway:
Ethical companies are organizations that go beyond compliance to lead in areas like climate action, labor rights, and transparent governance. These days, they’re defined by measurable ESG performance, inclusive leadership, and responsible innovation.
Please note that all logos and trademarks displayed on this blog are the property of their respective owners. They are used here solely for the purposes of discussion and commentary.
24 Most Ethical Companies
1. Aflac Incorporated � 19 Times Honoree

- Based In: Columbus, Georgia, U.S. & Tokyo, Japan
- Ethics: ESG leadership, corporate transparency, ethical sourcing, employee wellness, climate action
- Known For: Supplemental insurance, social impact investments, community-focused corporate governance
Aflac has earned its place as one of the world’s most ethical companies for 19 consecutive years, making it the longest-running honoree in the insurance industry. The company’s ethical foundation—widely referred to as “The Aflac Way”—emphasizes doing the right thing for policyholders, employees, and communities alike.
Aflac significantly reduced its Scope 1 and 2 greenhouse gas emissions�over 93% since 2007—and continues to invest in sustainable operations across its global footprint. As a signatory of the UN Principles for Responsible Investment, Aflac has allocated more than $5 billion toward ESG-aligned initiatives, including green bonds, affordable housing, and renewable energy projects.
Aflac’s approach to corporate ethics includes a strong internal governance structure, featuring a global Code of Conduct, non-retaliation whistleblower channels, and regular ethics training. Its procurement practices are guided by fairness, legal compliance, and environmental considerations—strengthening supply chain accountability.
The company also leads in philanthropy. Through the Aflac Foundation, it has contributed over $173 million toward pediatric cancer and blood disorder care in the U.S. and Japan.
Aflac’s “Parents House� program in Japan has supported more than 150,000 families undergoing treatment.
Aflac’s 2024 Business & Sustainability Report aligns with top ESG standards like CDP, GRI, and TCFD—offering investors and stakeholders full transparency on environmental and social impact goals.
So, is Aflac an ethical company? With its decades-long track record of ESG leadership, social responsibility, and transparent governance, Aflac stands as a model for what ethical insurance looks like in 2025.
2. Ecolab � 19 Times Honoree

- Based In: Saint Paul, Minnesota, USA
- Ethics: Water stewardship, ESG innovation, sustainable chemistry, workplace safety, ethical leadership
- Known For: Water and food safety, hygiene
Ecolab is consistently named one of the world’s most ethical companies, earning its 19th consecutive recognition in 2024. Known for delivering solutions that conserve water and protect public health, Ecolab integrates sustainability into every aspect of its operations—from manufacturing to client services.
In 2023 alone, Ecolab helped customers save over 226 billion gallons of water, avoid 3.7 million metric tons of CO� emissions, and reduce 44 million pounds of waste through their smart water management and hygiene solutions. The company’s own operations use 100% renewable electricity in North America, with global net-zero goals set for 2050.
Ecolab’s ESG governance is backed by a robust Code of Conduct, global ethics training, and a zero-tolerance policy for corruption. Their supply chain is rigorously vetted for labor, environmental, and human rights standards, with transparent disclosures aligned to CDP and EcoVadis frameworks.
The company invests heavily in safer chemistry and circularity—pushing innovation in biodegradable, non-toxic cleaning formulas across the food, healthcare, and hospitality sectors. Its 2024 Sustainability Report aligns with TCFD, GRI, and SASB standards, offering data-backed transparency on climate risk and social impact metrics.
Ecolab also ranks among America’s most admired companies for workplace safety, DEI, and ethical governance, with employee-led sustainability councils operating across 120 countries.
So, is Ecolab an ethical company? From water conservation and climate solutions to ethical sourcing and corporate transparency, Ecolab has built a business model where sustainability and profitability flow together—making it a global leader in environmental ethics.
3. International Paper � 19 Times Honoree

- Based In: Memphis, Tennessee
- Ethics: Forestation, water conservation, transparent supply chain
- Known For: Forestry, paper, packaging
International Paper continues to be recognized as one of the world’s most ethical companies, earning its 19th consecutive honor in 2024. As a global leader in fiber-based packaging and pulp, the company has built its success around ethical sourcing, sustainable forestry, and transparent business practices.
The company sources 100% of its wood fiber from sustainably managed forests, with third-party verification and strong commitments to zero deforestation. International Paper also ensures that all fiber inputs are traceable, legal, and aligned with recognized forest certification systems like FSC® and SFI®.
Its Vision 2030 strategy includes aggressive ESG targets—such as reducing Scope 1, 2, and 3 greenhouse gas emissions by 35% by 2030, increasing water stewardship, and achieving zero waste at manufacturing facilities. As of 2024, it has already reached a 22% emissions reduction and recycled nearly 7 million tons of fiber through its closed-loop operations.
Workplace safety and human rights are core priorities. The company enforces a global Code of Conduct, mandatory ethics training, and supplier risk screening. Its Ethical Supply Chain Program focuses on labor rights, anti-corruption, and fair compensation across its global procurement network.
Beyond operations, International Paper has donated over $200 million to community resilience, education, and environmental causes through the IP Foundation. Their community engagement efforts have reached 2 million people worldwide through literacy programs, food security initiatives, and disaster response partnerships.
So, is International Paper an ethical company? With verified sustainable sourcing, bold climate targets, ethical supply chain controls, and strong social investments, International Paper has earned its place as a sustainability-driven industry leader in 2025.
4. Kao Corporation - 19 Times Honoree

- Based In: Tokyo, Japan
- Ethics: Sustainable innovation, ethical sourcing, plastic circularity, gender equality, responsible manufacturing
- Known For: Consumer goods, personal care, green chemistry
Kao Corporation remains one of the world’s most ethical companies, marking its 19th consecutive recognition in 2024. As a global leader in personal care and household products, Kao blends science, sustainability, and social responsibility into every layer of its business model.
Under its ESG-driven , Kao has committed to achieving carbon neutrality across its operations by 2040, with Scope 1 and 2 emissions already reduced by over 38% compared to 2017 levels. The company uses 100% renewable electricity in its Japanese operations and aims to expand this globally by 2030.
Kao is pushing hard for a circular economy in plastics. As of 2024, 100% of Kao’s packaging is recyclable, with refill pouches now used in over 80% of its personal care products in Japan. It also promotes “eco-labelling� to help consumers make greener choices.
Ethical sourcing is central to Kao’s raw material strategy, especially for palm oil. All of its palm-derived ingredients are RSPO-certified, and the company enforces strict labor rights, anti-deforestation, and supplier auditing standards across Southeast Asia.
Internally, Kao fosters workplace diversity, offering equal leadership opportunities and receiving global praise for gender parity. The company also funds sanitation, hygiene education, and clean water access in underserved regions through its Kao Smile program.
So, is Kao Corporation an ethical company? With industry-leading efforts in green chemistry, plastic circularity, responsible sourcing, and social equity, Kao proves that sustainable beauty is more than skin-deep—it’s embedded in every decision they make.
5. Milliken & Company - 19 Times Honoree

- Based In: Spartanburg, South Carolina, USA
- Ethics: Specialty chemicals, textiles, flooring, sustainable innovation
- Known For: Floor coverings, protective textiles, chemicals
Milliken & Company has earned its place as one of the world’s most ethical companies for 19 consecutive years. As a global materials science innovator, Milliken operates with a deep commitment to ethical leadership, environmental health, and responsible innovation across all divisions.
The company’s 2024 sustainability strategy centers on reducing greenhouse gas emissions, eliminating toxic chemicals, and accelerating circular design. Milliken has already achieved a 25% reduction in Scope 1 and 2 emissions since 2018 and is committed to achieving net-zero GHG emissions by 2050. Its carbon accounting aligns with the Science-Based Targets initiative (SBTi).
Milliken’s chemicals and performance textiles meet stringent safety standards like bluesign®, ZDHC, and OEKO-TEX®, ensuring consumer safety and minimal environmental harm. In flooring and industrial materials, the company promotes recyclability and designs products for closed-loop systems.
The company fosters an inclusive and values-based workplace through its “People-First� philosophy. This includes DEI leadership programs, robust health and safety policies, and community volunteering. In 2023, Milliken was named a Great Place to Work® across multiple global regions.
Milliken also emphasizes transparency. Its 2024 Sustainability Report aligns with GRI and TCFD standards and outlines performance metrics in waste diversion, water stewardship, and ethical sourcing.
So, is Milliken an ethical company? With clean chemistry, verified emissions cuts, circular design innovation, and a values-driven culture, Milliken proves that material science can move the world forward—ethically and sustainably.
6. PepsiCo, Inc. � 19 Times Honoree

- Based In: Purchase, New York, USA
- Ethics: Regenerative agriculture, climate action, water stewardship, human rights, DEI leadership
- Known For: Food and beverages
PepsiCo has been recognized as one of the world’s most ethical companies for 19 consecutive years, thanks to its commitment to ethical sourcing, climate resilience, and inclusive growth. Operating in more than 190 countries, PepsiCo drives systemic change across food, agriculture, and consumer goods.
Through its PepsiCo Positive (pep+) platform, the company integrates ESG goals into every business decision. In 2024, PepsiCo reported a 30% reduction in Scope 1 and 2 emissions (vs. 2015) and has committed to achieving net-zero emissions across its value chain by 2040. The company also improved water-use efficiency by 23% and replenished over 6.1 billion liters of water in high-risk areas last year.
PepsiCo sources over 87% of its key ingredients through regenerative farming practices and works with more than 50,000 farmers to promote soil health, biodiversity, and fair labor. Its Human Rights Report outlines transparent labor practices and supplier audits, ensuring responsible sourcing at scale.
Internally, PepsiCo advances equity through programs like Racial Equality Journey and She Feeds the World, supporting women in agriculture and frontline roles. In 2023, the company achieved 44% gender parity in managerial positions globally and strengthened supplier diversity across North America.
PepsiCo’s 2024 ESG Summary aligns with CDP, TCFD, and GRI standards, with third-party verification of emissions, water use, and human rights performance—reinforcing its transparency as a global ethical leader.
So, is PepsiCo an ethical company? With bold net-zero goals, verified impact metrics, ethical sourcing, and deep social investment, PepsiCo proves that global food and beverage companies can be a force for good in 2025.
7. Accenture � 18 Times Honoree

- Based In: Dublin, Ireland
- Ethics: Gender equality, circular economy, climate action
- Known For: Information technology services, consulting
Accenture is widely recognized as one of the world’s most ethical companies. In 2024, the company earned its 18th consecutive honor from Ethisphere, reinforcing its long-standing commitment to ethical business practices, environmental stewardship, and inclusive innovation.
Accenture’s ethical focus is embedded across its operations. The company has reached 100% renewable electricity usage globally and reduced Scope 1 and 2 emissions by over 89%. With approved science-based targets, it’s on track to cut 90% of all carbon emissions—including Scope 3—by 2040, while launching nature-based carbon removal initiatives by 2025.
Its Responsible Value Chain strategy ensures transparency in global sourcing. Through its Sustainable Procurement Hub, Accenture collaborates with 89% of its key suppliers who disclose climate goals and 96% who actively report emissions reductions—advancing both environmental and labor rights in global supply chains.
Accenture also champions social impact and digital equity. Its partnerships with UNICEF and Save the Children have helped over 120,000 underserved youth—especially women—develop digital and entrepreneurial skills. Meanwhile, employees have led global reforestation and biodiversity projects, including planting mangroves and organizing coastal cleanups.
Inside the workplace, Accenture promotes a circular economy model by recycling 100% of e-waste and office furniture, eliminating single-use plastics, and moving toward zero-waste campuses worldwide.
So, is Accenture an ethical company? The answer lies in both its policies and its measurable progress—making it a global benchmark for corporate ethics in 2025.
8. John Deere � 18 Times Honoree

- Based In: Moline, Illinois
- Ethics: Equality, recycling, CO2 reduction
- Known For: Agricultural machinery, heavy equipment
John Deere has been named one of the world’s most ethical companies for 18 consecutive years. As a global leader in agriculture and construction equipment, the company integrates sustainability and ethical responsibility into every machine, policy, and partnership.
In 2024, John Deere announced new milestones in its Leap Ambitions sustainability strategy, including reducing Scope 1 and 2 emissions by 30%, improving operational energy efficiency, and boosting the recyclability of equipment components. Its long-term goal is to achieve net-zero by 2040 across its entire value chain.
John Deere’s commitment to ethical sourcing is reflected in its Human Rights Policy, supplier code of conduct, and third-party audits that ensure fair labor, health and safety, and environmental compliance across global operations. The company sources conflict-free minerals and actively engages suppliers in responsible mining practices.
In the field, John Deere promotes precision agriculture to help farmers reduce input waste, conserve soil, and increase yields sustainably. The company’s smart farming technologies support regenerative practices and have helped customers save millions of gallons of water and reduce greenhouse gas emissions annually.
Internally, John Deere fosters inclusion through workforce development programs, equity in leadership, and community engagement. In 2023 alone, the John Deere Foundation invested over $20 million in food security, education, and social justice initiatives.
So, is John Deere an ethical company? With its drive toward sustainable farming, tech-enabled resource efficiency, and a deep focus on human rights and community investment, John Deere is cultivating a more ethical and resilient future—on and off the field.
9. JLL (Jones Lang LaSalle Incorporated) � 18 Times Honoree

- Based In: Chicago, Illinois
- Ethics: Fair employment, inclusion, green building
- Known For: Commercial real estate, investment management
JLL has earned its spot as one of the world’s most ethical companies for 18 years straight. As a global leader in real estate and investment management, JLL sets the bar high for ethical governance, climate accountability, and social impact across its $1.4 trillion portfolio of real estate assets under management.
JLL is driving sustainable real estate transformation through its Sustainability Strategy 2040, aiming for net-zero carbon emissions across its own operations by 2030 and influencing the decarbonization of the built environment globally. The company reduced its Scope 1 and 2 emissions by 77% from its 2018 baseline and is supporting clients with ESG data modeling, building retrofits, and green certifications like LEED and WELL.
JLL has integrated ethics across every level of its organization, from mandatory ethics and compliance training to its global Ethics Everywhere program and whistleblower hotline. It also engages third-party audits and independent boards to ensure transparency and accountability.
On the DEI front, JLL launched its Global Race and Ethnicity Action Plan and increased female representation in leadership roles to 38% as of 2024, with an ongoing focus on pay equity and inclusive hiring.
The company’s 2024 ESG Report follows GRI, SASB, and TCFD frameworks—outlining clear metrics on energy use, human capital, and supplier responsibility. JLL also partners with nonprofits to promote climate resilience, urban equity, and sustainable development in underserved communities.
So, is JLL an ethical company? With a strong ESG foundation, deep sustainability expertise, and a culture of integrity, JLL is not just reshaping skylines � it’s helping build a more ethical and climate-resilient future.
10. Johnson Controls � 18 Times Honoree

- Based In: Cork, Ireland
- Ethics: Smart solutions, reducing CO2Smart solutions, reducing CO2
- Known For: Fire, HVAC, security equipment
Johnson Controls has earned its 18th consecutive recognition as one of the world’s most ethical companies, thanks to its unwavering focus on environmental innovation, corporate transparency, and climate-smart infrastructure.
In 2024, the company deepened its commitment to net-zero leadership with measurable progress: a 42% reduction in Scope 1 and 2 emissions (vs. 2017 baseline), 100% renewable electricity across major U.S. facilities, and a path toward full net-zero emissions by 2040. Johnson Controls also helps clients decarbonize buildings using smart HVAC systems, digital twins, and predictive AI controls.
Its award-winning OpenBlue platform enables sustainable building management at scale—reducing energy use, optimizing indoor air quality, and enhancing occupant wellbeing. In fact, client buildings using OpenBlue have collectively saved over 1.7 million metric tons of CO₂e to date.
Ethics at Johnson Controls goes far beyond environmental metrics. The company enforces a global Code of Ethics, supplier sustainability standards, and AI governance principles—ensuring transparency, data privacy, and fair labor practices throughout its value chain.
Internally, Johnson Controls promotes equity through its Diversity, Equity & Inclusion Council, supplier diversity goals, and leadership development for underrepresented talent. In 2023, it was named one of America’s Most JUST Companies by JUST Capital and Forbes.
So, is Johnson Controls an ethical company? With a mission to make buildings smarter, safer, and more sustainable—and the proof to back it up—Johnson Controls leads by design, delivering environmental ethics at every scale.
11. Premier, Inc. � 18 Times Honoree

- Based In: Charlotte, North Carolina
- Ethics: Fair employment, environmental impact
- Known For: Healthcare
Premier, Inc. has once again secured its place among the world’s most ethical companies—earning the honor for the 18th year in a row. As a technology-driven healthcare improvement organization, Premier brings ethics to the forefront of supply chain management, data transparency, and health equity.
Premier’s platform connects 4,350+ hospitals and 300,000+ healthcare providers to improve outcomes and reduce costs through shared data, predictive analytics, and value-based purchasing. In 2024, the company deepened its focus on ethical data use—building safeguards around patient privacy, AI bias, and transparency in population health tools.
Through its Supplier Diversity Program, Premier actively promotes small and minority-owned businesses, helping health systems make socially responsible purchasing decisions. In 2023, over $2.7 billion was spent with diverse suppliers across its member network.
Premier also prioritizes health equity, launching targeted initiatives to reduce maternal mortality, expand rural care access, and track disparities across care delivery systems. Its data-driven equity dashboard helps members identify social determinants of health and close systemic gaps.
Internally, Premier reinforces integrity with a robust Code of Conduct, ethics training for all employees, and a transparent whistleblower program. Its ESG reporting aligns with SASB and GRI standards, offering clarity on governance, community impact, and responsible innovation.
So, is Premier an ethical company? With its unique role in transforming healthcare supply chains, promoting equity, and embedding ethics into tech and procurement, Premier proves that operational efficiency and social responsibility can—and must—go hand in hand.
12. Kellanova � 17 Times Honoree

- Based In: Chicago, Illinois, USA
- Ethics: Responsible sourcing, global nutrition, equity in agriculture, climate action, ethical governance
- Known For: Cereal and snack foods, food security initiatives, sustainable agriculture
Kellanova, formerly the global snacking arm of the Kellogg Company, has earned its 17th consecutive spot among the world’s most ethical companies. Known for brands like Pringles, Cheez-It, and Special K, Kellanova operates with a mission to create better days for people and the planet—through both food and action.
In 2024, the company advanced its Better Days Promise by delivering 5 billion servings of food to those in need and supporting 1 million farmers and workers with climate-smart agriculture and livelihood training. The goal? Feed 4 billion people in need by 2030 while making farming more resilient and ethical.
Kellanova has made serious strides in climate accountability. The company achieved a 38% reduction in Scope 1 and 2 emissions since 2015 and is on track for net-zero by 2050. Its manufacturing plants in Europe and North America now run on 100% renewable electricity, and more than 75% of packaging is now recyclable or compostable.
Ethical sourcing is a key pillar�100% of Kellanova’s direct-buy corn, wheat, rice, and fruits are responsibly sourced, and the company maintains RSPO certification for all palm oil used across its global supply chain.
Internally, Kellanova prioritizes DEI through its Business Employee Resource Groups (BERGs) and has increased female leadership to over 40% in managerial roles. The company also holds itself accountable with third-party ESG audits, whistleblower protections, and a strict global Code of Ethics.
So, is Kellanova an ethical company? With verified climate progress, food justice leadership, and responsible sourcing woven into every bite, Kellanova proves that the future of food can—and should—be sustainable and just.
13. Paychex, Inc. � 17 Times Honoree

- Based In: Rochester, New York
- Ethics: Recycling, sustainable supply chain, employee wellbeing
- Known For: Human resources, payroll, benefits outsourcing
Paychex, Inc. has been named one of the world’s most ethical companies for 17 consecutive years, thanks to its transparent business practices, people-first culture, and responsible use of technology. As a leading provider of HR, payroll, and benefits services, Paychex supports more than 740,000 businesses nationwide—many of them small and mid-sized.
In 2024, Paychex strengthened its ethical standing with a reinforced commitment to data security and privacy. The company maintains strict compliance with global standards like GDPR, SOC 2, and NIST frameworks. Clients trust Paychex with sensitive data, and that trust is earned through 24/7 threat monitoring, third-party audits, and a zero-tolerance approach to breaches.
Paychex also leads in employee engagement and workplace equity. Through its Diversity and Inclusion Council, the company has expanded leadership representation, introduced equitable pay audits, and implemented inclusive hiring best practices across all departments.
Its Code of Business Ethics applies to employees, partners, and vendors, supported by mandatory training, open-door reporting, and an independently managed ethics hotline. In 2023, 100% of employees completed annual ethics training, reinforcing a culture of integrity from top to bottom.
Paychex also takes care of the broader business community—offering educational resources, DEI consulting, and retirement planning for clients navigating economic challenges. In the last year alone, the company processed over $1 trillion in payroll, while maintaining high client satisfaction and low turnover.
So, is Paychex an ethical company? With deep-rooted values in data stewardship, inclusive leadership, and small business empowerment, Paychex doesn’t just support businesses—it sets the ethical standard for how they should operate.
14. Rockwell Automation � 17 Times Honoree

- Based In: Milwaukee, Wisconsin
- Ethics: Fair supply chains, energy efficiency, employee wellbeing
- Known For: Industrial automation, digital transformation
Rockwell Automation has earned its 17th straight honor as one of the world’s most ethical companies, a testament to its ongoing leadership in responsible innovation, ESG integration, and people-first industrial transformation.
In 2024, Rockwell accelerated its ESG Impact Strategy, achieving a 45% reduction in Scope 1 and 2 greenhouse gas emissions since 2020, with net-zero operations targeted by 2040. The company also enabled clients to reduce emissions across supply chains through smart manufacturing tech and real-time energy optimization tools.
At the core of its ethics approach is AI accountability. Rockwell’s digital platforms are built with safety, data privacy, and algorithmic transparency in mind—ensuring automation doesn’t come at the cost of ethics. Their governance board reviews digital solutions for bias, compliance, and environmental impact.
Rockwell also promotes equity and inclusion across its workforce of over 28,000 employees. In 2023, it expanded its Culture of Inclusion initiative globally and achieved 33% female representation in leadership roles, alongside a multi-year supplier diversity program aimed at expanding access for minority- and women-owned vendors.
Safety is another cornerstone. Rockwell not only enforces strict internal workplace safety protocols but also develops automation systems that reduce on-site hazards across high-risk industries like energy, food, and manufacturing.
Its 2024 Sustainability Report, aligned with TCFD, SASB, and GRI standards, provides clear metrics on environmental impact, human capital, supply chain ethics, and community engagement.
So, is Rockwell Automation an ethical company? With proven emission cuts, equity-driven leadership, and automation designed with integrity, Rockwell shows that industrial innovation and ethical responsibility can—and must—work hand in hand.
15. L’Oréal � 16 Times Honoree

- Based In: Clichy, France
- Ethics: Climate action, sustainable products, animal welfare
- Known For: Cosmetics, skincare, fragrances
L’Oréal has secured its position as one of the world’s most ethical companies for 16 consecutive years, thanks to its pioneering role in sustainable beauty, green chemistry, and ethical global supply chains. As the world’s largest cosmetics group, L’Oréal blends scientific excellence with social and environmental responsibility across more than 150 countries.
In 2024, the company reported that 97% of its new products were eco-designed, and over 61% of its ingredients are now bio-based, derived from abundant minerals, or circular processes. Its L’Oréal for the Future program sets bold targets: net-zero carbon emissions across all scopes by 2050, and 100% renewable energy in all production sites, already achieved in 2023.
L’Oréal has also reached 100% verified sustainable sourcing for key raw materials like palm oil, shea butter, and mica—backed by third-party audits and traceability systems. The company enforces strong labor and human rights protections in high-risk sourcing regions through its Solidarity Sourcing program.
Internally, L’Oréal leads in workplace equality. Women represent 59% of global leadership roles, and the company holds EDGE Certification for gender equity across multiple regions. Its ethics program includes global training, whistleblower protections, and AI ethics principles embedded in product personalization platforms.
L’Oréal’s 2024 ESG report, aligned with GRI and CDP standards, showcases third-party verified performance in biodiversity, plastic reduction, water stewardship, and community investment—including �50 million in impact funds for vulnerable women and the environment.
So, is L’Oréal an ethical company? From ethical sourcing and climate action to gender equity and green innovation, L’Oréal isn’t just redefining beauty—it’s setting the global standard for what sustainable beauty should be.
16. ManpowerGroup � 16 Times Honoree

- Based In: Milwaukee, Wisconsin
- Ethics: Carbon reduction, equality, employee wellbeing
- Known For: Innovative workforce solutions
ManpowerGroup has earned its place among the world’s most ethical companies for 16 years in a row, reflecting its global leadership in ethical employment practices, workforce equity, and human rights advocacy.
In 2024, the company deepened its commitment to working to change the world of work for the better—launching global initiatives that promote fair hiring, ethical AI in recruitment, and inclusive access to opportunity. Over the past year, ManpowerGroup trained and upskilled over 1 million individuals, with focused efforts on youth employment, women in leadership, and underserved communities.
ManpowerGroup enforces a global Code of Business Conduct and Ethics, mandatory for all 30,000 employees, and operates a multilingual whistleblower hotline available in 80+ countries. Labor rights, anti-corruption policies, and supply chain responsibility are audited and verified across all regions of operation.
The company is also pioneering Responsible AI in recruitment, ensuring that automated screening tools reduce bias, protect privacy, and promote transparency in hiring. Its partnership with UNESCO and the World Economic Forum advances global skills frameworks that promote dignity and decent work in an evolving job market.
ѲԱǷɱҰdzܱ’s Working to Change the World ESG report aligns with GRI and UN SDGs, showcasing progress in climate goals, equity metrics, and social impact investments. In 2023, 41% of leadership roles were held by women, and the company ranked in the Top 10 on the FTSE4Good Index for social responsibility.
So, is ManpowerGroup an ethical company? With a strong global ethics framework, inclusive hiring practices, and a mission rooted in human potential, ManpowerGroup is leading the way in creating a more just, dignified, and equitable future of work.
17. Parsons Corporation � 16 Times Honoree

- Based In: Centreville, Virginia
- Ethics: Fair employment, reducing carbon, conserving water
- Known For: Defense, intelligence, infrastructure engineering
Parsons Corporation has earned its 16th straight honor as one of the world’s most ethical companies—recognized for its integrity-first approach to national security, infrastructure resilience, and technology innovation. Operating across defense, intelligence, and critical infrastructure sectors, Parsons embeds ethics into the foundation of every project and partnership.
In 2024, Parsons reaffirmed its commitment to environmental stewardship through its Sustainable Infrastructure Strategy, supporting clients with smart mobility, clean energy integration, and eco-focused engineering. The company has pledged net-zero Scope 1 and 2 emissions by 2045, with current efforts focused on energy-efficient operations and green procurement across its 80+ global offices.
Ethical governance is deeply rooted in Parsons� corporate DNA. The company enforces a robust Global Code of Conduct, third-party ethics training, and compliance protocols for partners, suppliers, and contractors—especially critical in high-stakes defense and cyber domains. Their ethics hotline is open 24/7 for internal and external stakeholders.
Parsons also drives equity in STEM. Through its Diversity, Equity, and Inclusion Council, the company supports underrepresented talent in engineering and tech, offers STEM scholarships, and partners with veterans’ organizations to create career pathways in national defense.
In cybersecurity and AI applications, Parsons follows ethical frameworks to ensure privacy, data protection, and mission-driven innovation without overreach—especially in civil infrastructure surveillance and AI-powered analytics.
Its 2024 ESG Report, aligned with TCFD and SASB, outlines performance in carbon footprint reduction, workforce diversity, supplier ethics, and social investment across education and defense community support.
So, is Parsons Corporation an ethical company? With a clear commitment to security, sustainability, and integrity across critical missions, Parsons proves that in industries where stakes are high, values must be higher.
18. Salesforce � 16 Times Honoree

- Based In: San Francisco, California
- Ethics: Renewable energy, reforestation, carbon removal
- Known For: Cloud-based software, marketing automation, analytics
Salesforce has secured its 16th consecutive honor as one of the world’s most ethical companies—thanks to its holistic approach to trust, transparency, and tech for good. As a global cloud leader, Salesforce uses its scale to drive systemic change in climate action, social equity, and ethical innovation.
In 2024, Salesforce achieved 100% renewable energy for global operations, maintained net-zero emissions across its full value chain, and expanded its carbon credit marketplace to help other businesses reduce their climate impact. Its Sustainability Cloud now helps over 1,500 organizations track and reduce emissions with real-time ESG data.
Ethical technology is at the heart of Salesforce’s mission. The company has established a Responsible AI Council to ensure AI development is fair, secure, and human-centered—embedding transparency, bias monitoring, and privacy by design into every product.
Internally, Salesforce leads through its Stakeholder Capitalism model, balancing the needs of shareholders, employees, customers, communities, and the planet. Its Racial Equality and Justice Task Force continues to expand economic opportunity through education, workforce development, and minority-owned business investments.
In 2023 alone, Salesforce and its foundation contributed over $650 million in grants, 8 million volunteer hours, and supported more than 56,000 nonprofits worldwide through its tech donation programs. Employees also benefit from inclusive benefits, equal pay auditing, and values-driven leadership development.
So, is Salesforce an ethical company? With net-zero operations, ethical AI governance, and a business model rooted in social impact, Salesforce isn’t just building platforms for CRM—it’s building a more just and sustainable future for everyone.
19. Teradata Corporation � 16 Times Honoree

- Based In: San Diego, California
- Ethics: Carbon reduction, sustainable supply chain
- Known For: Analytics software
Teradata Corporation has once again earned its place as one of the world’s most ethical companies—marking its 16th consecutive appearance on the list. As a global data analytics and cloud platform provider, Teradata stands out not only for its tech innovation but also for its deep commitment to data ethics and responsible enterprise transformation.
In 2024, Teradata enhanced its ESG framework by advancing energy-efficient data solutions, reducing the carbon footprint of its cloud infrastructure, and committing to net-zero emissions by 2050. The company improved energy efficiency across major data centers and increased sourcing of renewable electricity year-over-year.
With digital trust becoming a global concern, Teradata leads with its Data Ethics Principles, guiding responsible AI deployment, algorithmic transparency, and privacy safeguards. Its cloud offerings are built with “responsibility by design,� supporting industries where data integrity is critical—like finance, healthcare, and government.
Governance is a cornerstone. Teradata enforces a global Code of Conduct, mandatory compliance training, and offers anonymous reporting systems to all employees and partners. Its Board of Directors includes a dedicated Ethics & Compliance Committee to oversee integrity across all levels of the organization.
Inclusion is more than a metric at Teradata. The company continues to expand its DEI Roadmap, which includes diverse hiring initiatives, internal equity reviews, and community investment focused on digital access and education. In 2023, Teradata launched scholarship programs for underrepresented groups in STEM and supported nonprofits advancing tech literacy.
So, is Teradata an ethical company? With strong digital governance, a climate-smart vision, and a culture built on transparency and inclusion, Teradata proves that in the age of AI and cloud analytics, ethics must scale with innovation.
20. The Hartford � 16 Times Honoree

- Based In: Hartford, Connecticut
- Ethics: Energy transition, renewable technologies, inclusive culture
- Known For: Investment, insurance
The Hartford has earned its 16th consecutive spot among the world’s most ethical companies—recognized for its long-standing commitment to trust, transparency, and stakeholder accountability in the insurance industry. With a history dating back over 200 years, The Hartford blends tradition with forward-looking ESG strategy.
In 2024, The Hartford reported a 47% reduction in Scope 1 and 2 emissions since its 2015 baseline and reaffirmed its goal of net-zero operations by 2050. The company’s investments increasingly align with climate-conscious criteria, including $2.7 billion in ESG-aligned assets, with a focus on renewable energy and affordable housing.
Ethics at The Hartford extends to policyholder advocacy. The company enforces fair claims practices, clear policy language, and rigorous internal ethics training. Its Business Conduct Guide is updated annually, supported by anonymous reporting channels and third-party auditing.
Workplace wellbeing and DEI are integral. In 2023, The Hartford expanded mental health benefits, launched caregiver leave support, and improved its diversity metrics, with 39% of leadership roles held by women and growing racial/ethnic representation. It also partnered with HBCUs and veteran organizations to support talent pipelines in underrepresented communities.
The Hartford’s Sustainability Highlight Report, aligned with TCFD, SASB, and GRI standards, offers transparency on its governance, environmental risk exposure, and community investment programs. Notably, the company maintains an A or higher ESG rating across multiple independent rating agencies.
So, is The Hartford an ethical company? With a legacy of doing the right thing—backed by ESG performance, ethical claims handling, and inclusive leadership—The Hartford proves that insurance can be both protective and principled.
21. Weyerhaeuser Company � 16 Times Honoree

- Based In: Seattle, Washington
- Ethics: Sustainable forestry, protection of biodiversity, renewable energy
- Known For: Timberland, wood products, real estate investment
Weyerhaeuser Company has earned its 16th consecutive spot among the world’s most ethical companies—recognized for its stewardship of over 10 million acres of timberland and its commitment to sustainable forest management, conservation, and community engagement.
In 2024, Weyerhaeuser expanded its sustainability strategy, aiming to become climate positive by 2030. It actively removes more CO� through managed forests than it emits, making it a leading example of natural climate solutions in the private sector. The company’s certified forests absorb over 14 million metric tons of CO� annually.
All Weyerhaeuser-managed timberlands are certified under SFI® (Sustainable Forestry Initiative) or FSC® (Forest Stewardship Council) standards, ensuring protection of biodiversity, waterways, and Indigenous rights. Its supply chain follows strict sourcing policies, avoiding illegal logging and enforcing fair labor standards across operations.
Governance is backed by a robust Code of Ethics, company-wide compliance training, and a long-established culture of safety and transparency. The company publicly reports on ESG metrics via its Sustainability Report, aligned with SASB and TCFD, covering climate resilience, water usage, and land conservation.
Weyerhaeuser also supports rural economies and environmental justice—contributing millions in grants for education, housing, and disaster recovery across forest-based communities. In 2023, the Weyerhaeuser Giving Fund supported over 500 community organizations across the U.S. and Canada.
So, is Weyerhaeuser an ethical company? With certified forests, carbon-smart timber practices, transparent governance, and deep rural impact, Weyerhaeuser proves that even large-scale land management can grow profits and ethics on the same tree.
22. WM (Waste Management, Inc.) � 16 Times Honoree

- Based In: Houston, Texas
- Ethics: Recycling, renewables, inclusive employment
- Known For: Waste management, environmental services
WM has been honored as one of the world’s most ethical companies for 16 consecutive years—recognized for its leadership in the circular economy, sustainability innovation, and ethical environmental management at scale.
In 2024, WM ramped up its commitment to a zero-waste future, expanding its materials recovery facilities and launching cutting-edge AI-powered sorting systems that divert millions of tons of recyclable materials from landfills annually. The company is also converting landfill gas into renewable natural gas (RNG), powering more than 60% of its fleet with low-emission alternatives.
WM has pledged net-zero Scope 1 and 2 emissions by 2040, and is already ahead of its trajectory, reducing emissions by 41% since 2010 through energy efficiency, fleet upgrades, and carbon capture at landfill sites.
Ethical business practices are built into WM’s operations. The company enforces a Code of Conduct, supplier sustainability audits, third-party ethics training, and safety-first culture across its 48,000+ employees. In 2023, WM logged one of the lowest injury rates in the industry—reflecting its long-term investment in worker well-being.
WM also supports underserved communities through its Think Green® Grants, sustainability education programs, and local partnerships aimed at environmental equity and job access. Its 2024 Sustainability Report, aligned with SASB, TCFD, and GRI, outlines comprehensive ESG progress, from emissions metrics to social impact.
So, is WM an ethical company? With bold climate targets, waste-to-energy innovation, and equity-rooted sustainability programs, WM shows that managing waste ethically is about building a cleaner, more just future—one truckload at a time.
More Ethical Companies Recognized in 2025
While we’ve spotlighted 22 standout organizations, many more companies consistently lead with purpose and integrity.
The following businesses have also earned recognition as some of the world’s most ethical companies, honored 12 to 15 times for their commitment to ESG, transparency, and ethical business practices:
- Colgate-Palmolive Company
- HCA Healthcare Inc.
- Intel Corporation
- Anywhere Real Estate Inc.
- Eaton Corporation
- EDP, SA
- Henry Schein, Inc.
- Natura Cosméticos S/A
- Northumbrian Water Group
- Principal Financial Group
- Schneider Electric
- The Timken Company
- Thrivent
- William E. Connor & Associates Limited
- Aptic PLC
- Capgemini
- CareFirst BlueCross BlueShield
- Dell Technologies
- Noblis
- Visa
- AES
- CBRE, Inc.
- Cementos Progreso
- Iberdrola
- Voya Financial, Inc.
Frequently Asked Questions (FAQ)
Improper disposal can lead to environmental hazards, including soil and water contamination. Even seemingly empty lighters can still contain hazardous materials.
No, Tesla is not an ethical company. Although the company states that all supply chain practices are safe and humane, the company has been under criticism for a history of environmental violations and disregard for workers� safety.
No, H&M is still not ethical in 2022. The company aims to reduce its emissions and use 100% recycled or sustainable materials by 2030, but it still fails to deliver on labor conditions and living wages. The fast-fashion business model that H&M currently uses still remains questionable from an ethical standpoint.
No, Nike is not ethical. It has definitely made positive changes to its environmental practices, but it still has a way to go before we can truly call it an “ethical� brand. Nike uses some eco-friendly materials, but there’s no evidence it guarantees living wages in most of its supply chain. In 2021, Nike received a score of 51-60% on the Fashion Transparency Index, showing it has started going in the right direction.
Starbucks is a very ethical company. A 14-time honoree of the Ethisphere magazine, this coffeehouse giant is investing heavily in sustainable agriculture and water-saving practices. Apart from phasing out single-use cups, Starbucks has recently launched recycling apps to help partners navigate store recycling guidelines.
The most ethical clothing brand is Patagonia. This company is one of the earliest flag carriers of environmental ethics in the industry best known for its Fair Trade outdoor clothing. It was one of the first to use recycled materials and organic cotton. In 2022, Patagonia is expanding its commitment to labor ethics and works with US factories as often as it can.
Among the most ethical food companies in the world are Kellogg’s, PepsiCo, Starbucks, Grupo Bimbo, Illycaffe Spa, Ingredion, and Mars.
Ethical products are those that do not cause any harm to the consumers or the planet. Ethical products do not encourage addictive behavior or promote harmful information. Ethical products do not contribute to climate change and pollution in any of their stages.
No, Coca-Cola is not good for the environment. The company strives to treat and return 100% of its manufacturing water back to the environment and use minimal packing but environmental organizations still list it among the worst companies for plastic pollution in the world.
Starbucks is very sustainable. Year after year, the company is building up its sustainability record. It aims to halve water usage in green coffee processing by 2030. This is one step towards its ultimate goal of becoming resource positive, which means storing more carbon than it emits, eliminating waste, and providing more freshwater than it uses.
No, H&M Conscious is not sustainable. Those products are marketed as using up to 50% recycled material (20% for cotton products), but their explanation is lacking in detail about the types of items they’re recycling, how they’re recycled, and what the carbon footprint is compared to their other ranges.
Final Thoughts: Ethics Is No Longer Optional
The world’s most ethical companies aren’t perfect—but they’re transparent, accountable, and committed to constant improvement. In 2025, ethics isn’t a feel-good extra—it’s a core business strategy that builds trust, resilience, and long-term impact.
As consumers, investors, or future employees, we all play a role in supporting businesses that walk the talk. So the next time you make a purchase, a career move, or a partnership—ask yourself: Is this company truly ethical? This list is a great place to start.