JLL, One of the World's Most Ethical Companies for 11th Consecutive Year(12:33 Hrs. IST)
MUMBAI, February 13, 2018 /PRNewswire/ --
Jones Lang LaSalle Incorporated (NYSE: JLL) has been recognized by the Ethisphere Institute as one of the 2018 World's Most Ethical Companies. The honor acknowledges, for the 11th consecutive year, the strong principles of business and professional ethics inherent in JLL's values, culture and strategy as well as its interactions with clients, customers, vendors and employees. The Ethisphere Institute is a global leader in defining and advancing the standards of ethical business practices.
CEO and Country Head, Ramesh Nair said, "The recognition is important for JLL which has set standards of real estate services in India. A large part of our success in India is based on our ethics. This has made us the most trusted brands of service providers in India. We have grown strength to strength based on our business and service quality done in the most ethical ways."
"Our values of teamwork, ethics and excellence are central to everything we do at JLL," said JLL CEO Christian Ulbrich. "Working with our clients around the world, we have a responsibility to play our full part in building a better tomorrow. We are proud and honored to be included for the 11th consecutive year on the Ethisphere Institute's list of the World's Most Ethical Companies."
JLL General Counsel and Chief Ethics Officer Mark J. Ohringer added, "Our reputation for integrity is a significant point of pride within our firm. It was the foundation of JLL 250 years ago and will continue to be a differentiator for us."
Ethisphere CEO Timothy Erblich said, "While the discourse around the world changed profoundly in 2017, a stronger voice emerged. Global corporations operating with a common rule of law are now society's strongest force to improve the human condition. This year we saw companies increasingly finding their voice. The World's Most Ethical Companies in particular continued to show exemplary leadership. I congratulate everyone at JLL for being recognized as one of the World's Most Ethical Companies."
Clients and third-party organizations continue to recognize JLL globally for its ethics, corporate citizenship and commitment to being an employer of choice. JLL has collected the following U.S. and global awards in the last year:
- Dow Jones Sustainability Index, North America, second year in a row
- LinkedIn Top Companies, second year in a row
- Working Mother 100 Best Companies
- Perfect score on the Human Rights Campaign Foundation's Corporate Equality Index, fourth year in a row
- 2018 Military Friendly® Employer, Victory Media
- BLACK ENTERPRISE's 2018 50 Best Companies for Diversity
Ethics Drives Performance
Once again, the 2018 World's Most Ethical Companies have proven that operating with integrity leads to greater financial performance. Research has found that, when indexed, listed World's Most Ethical Companies outperformed the U.S. Large Cap Index over five years by 10.72 percent and over three years by 4.88 percent. Ethisphere refers to this as the Ethics Premium.
Methodology & Scoring
The World's Most Ethical Companies assessment is based upon the Ethisphere Institute's Ethics Quotient® (EQ) framework, which offers a quantitative way to assess a company's performance in an objective, consistent and standardized manner. The information collected provides a comprehensive sampling of definitive criteria of core competencies rather than all aspects of corporate governance, risk, sustainability, compliance and ethics.
Scores are generated in five key categories: ethics and compliance program (35 percent), corporate citizenship and responsibility (20 percent), culture of ethics (20 percent), governance (15 percent) and leadership, innovation and reputation (10 percent). All companies that participate in the assessment process receive their scores, providing them with valuable insights into how they stack up against leading organizations.
The full list of the 2018 World's Most Ethical Companies can be found at worldsmostethicalcompanies.com/honorees.
JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management. A Fortune 500 company, JLL helps real estate owners, occupiers and investors achieve their business ambitions. In 2017, JLL had revenue of $7.9 billion and fee revenue of $6.7 billion; managed 4.6 billion square feet, or 423 million square meters; and completed investment sales, acquisitions and finance transactions of approximately $170 billion. At the end of 2017, JLL had nearly 300 corporate offices, operations in over 80 countries and a global workforce of 82,000. As of December 31, 2017, LaSalle had $58.1 billion of real estate assets under management. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit www.jll.com.
About the Ethisphere Institute
The Ethisphere® Institute is the global leader in defining and advancing the standards of ethical business practices that fuel corporate character, marketplace trust and business success. Ethisphere has deep expertise in measuring and defining core ethics standards using data-driven insights that help companies enhance corporate character and measure and improve culture. Ethisphere honors superior achievement through its World's Most Ethical Companies recognition program and provides a community of industry experts with the Business Ethics Leadership Alliance (BELA). More information about Ethisphere can be found at: ethisphere.com.
About JLL India:
JLL is India's premier and largest professional services firm specializing in real estate. With an extensive geographic footprint across 11 cities (Ahmedabad, Delhi, Mumbai, Bengaluru, Pune, Chennai, Hyderabad, Kolkata, Kochi, Chandigarh and Coimbatore) and a staff strength of 9,300 the firm provides investors, developers, local corporates and multinational companies with a comprehensive range of services including research, analytics, consultancy, transactions, project and development services, integrated facility management, property and asset management, sustainability, industrial, capital markets, residential, hotels, health care, senior living, education and retail advisory. The firm was awarded the Property Consultant of the Decade at the 10th CNBC-Awaaz Real Estate Awards 2015 and the Best Property Consultancy in India at the International Property Awards Asia Pacific 2016-17. For further information, please visit www.jll.co.in
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