WESTCHESTER, Ill., March 04, 2024 (GLOBE NEWSWIRE) -- Ingredion Incorporated
(https://ir.ingredionincorporated.com) (NYSE: INGR), a leading global provider
of ingredient solutions to the food and beverage industry, today announced it
has been recognized as one of the 2024 World's Most Ethical Companies
(https://worldsmostethicalcompanies.com/honorees)(®) by Ethisphere, a global
leader in defining and advancing the standards of ethical business practices.
This marks the Company's tenth appearance on the list.
"We're honored to once again be recognized as one of the world's most ethical
companies by Ethisphere. This award reflects the deep commitment of our teams
around the world who lead with integrity and prioritize ethics across our
organization," said Jim Zallie (https://www.ingredion.com/na/en-us/company/meet-
ingredion/executive-leadership-team/zallie.html), Ingredion's president and CEO.
"We are committed to maintaining a values-based culture that includes the
highest standards of ethics and integrity and guides our everyday actions for
all stakeholders."
"It's always inspiring to recognize the World's Most Ethical Companies(®).
Through the rigorous review process, we see the dedication of these
organizations to continually improving their ethics, compliance, and governance
practices to the benefit of all stakeholders," said Erica Salmon Byrne,
Ethisphere's chief strategy officer and executive chair. "Companies that elevate
best-in-class cultures of ethics and integrity set a standard for corporate
citizenship for their peers and competitors to follow. Congratulations to
Ingredion for achieving this honor and demonstrating that strong ethics is good
business."
Ingredion is one of only nine honorees in the food, beverage and agriculture
industry. In 2024, 136 honorees were recognized, spanning 20 countries and 44
industries.
Methodology & Scoring
The World's Most Ethical Companies assessment is grounded in Ethisphere's
proprietary Ethics Quotient(®), an extensive questionnaire that requires
companies to provide over 240 different proof points on their culture of ethics;
environmental, social, and governance practices; ethics and compliance program;
diversity, equity, & inclusion; and initiatives that support a strong value
chain. That data undergoes further qualitative analysis by our panel of experts
who spend thousands of hours vetting and evaluating each year's group of
applicants. This process serves as an operating framework to capture and codify
truly best-in-class ethics and compliance practices from organizations across
industries and from around the world.
To view the complete list of this year's honorees, please visit the World's Most
Ethical Companies website (https://worldsmostethicalcompanies.com/honorees).
About Ingredion
Ingredion Incorporated (NYSE: INGR), headquartered in the suburbs of Chicago, is
a leading global ingredient solutions provider serving customers in nearly 120
countries. With 2023 annual net sales of approximately $8 billion, the Company
turns grains, fruits, vegetables, and other plant-based materials into value-
added ingredient solutions for the food, beverage, animal nutrition, brewing and
industrial markets. With Ingredion Idea Labs(®)?innovation centers located
around the world and more than 12,000 employees, the Company co-creates with
customers and fulfills its purpose of bringing the potential of people, nature,
and technology together to make life better. Visit ingredion.com
(https://ir.ingredionincorporated.com)for more information and the latest
Company news.
About Ethisphere
Ethisphere is the global leader in defining and advancing the standards of
ethical business practices that strengthen corporate brands, build trust in the
marketplace, and deliver business success. Ethisphere has deep expertise in
measuring and defining core ethics standards using data-driven insights that
help companies build strong cultures of ethics and integrity. Ethisphere honors
superior achievement through its World's Most Ethical Companies(®) recognition
program provides a community of industry experts with the Business Ethics
Leadership Alliance (BELA) and showcases trends and best practices in ethics
with Ethisphere Magazine. Ethisphere also advances business performance through
data-driven assessments, guidance, and benchmarking against its unparalleled
data: the Culture Quotient dataset reflecting the ethical business practices of
3+ million employees around the world; and the Ethics Quotient dataset,
featuring 240+ data points on the ethics, compliance, social, and governance
practices of the World's Most Ethical Companies. For more information, visit
https://ethisphere.com (https://ethisphere.com/).
CONTACT:
Investors: Noah Weiss, 773-896-5242
Media: Becca Hary, 708-551-2602
Â