Grupo Bimbo B de C : For sixth year in a row Grupo Bimbo is recognized as one of the most ethical companies in the world
March 31, 2022 at 03:06 pm
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Ethisphere, a global company that defines and measures corporate ethical standards, recognized Grupo Bimbo, a leader in the baking industry, as one of the World's Most Ethical Companies in 2022. Grupo Bimbo is one of the two Mexican companies that are part of Ethisphere's global list of companies.
Ethisphere assesses companies' regulatory behavior, social responsibility, ethical culture, corporate leadership and governance, innovation, and reputation. In 2022, 136 companies from 45 industries and with a presence in 22 countries, received this recognition.
"The recognition as an ethical company represents much more than just complying with organizational policy and regulations. It is about transcending time and inspiring all our associates to act with integrity and true conviction to do and say the right thing," said Daniel Servitje, CEO of Grupo Bimbo.
"Today's business leaders face high expectations for ethics, responsibility, and trustworthiness in driving positive change," said Ethisphere CEO Timothy Erblich. "The companies that appear on the World's Most Ethical Companies list inspire us with their commitment to integrity, sustainability, governance, and community. We congratulate Grupo Bimbo for once again being part of the World's Most Ethical Companies."
Ethics and performance at Grupo Bimbo
The bakery assumes its commitment to integrity and competence through global actions in the countries where it has a presence. For example, Grupo Bimbo published its Global Agriculture Policy to share its vision of practices that support economic, environmental, and social resilience, a commitment aimed at promoting these practices throughout its supply chains. Grupo Bimbo also has a Global Integrity Policy, which details the general guidelines and parameters that guarantee understanding and compliance with anti-corruption laws.
It also continuously strengthens its staff of associates and suppliers through annual training, both general and focused on this subject.
Ethisphere Institute Methodology and Scoring
Based on Ethisphere's proprietary Ethics Quotient®, the World's Most Ethical Companies assessment process includes over 200 questions on culture, environmental and social practices, ethics and compliance activities, governance, diversity, and initiatives to support a strong value chain. The process serves as an operational framework to identify and standardize best practices in all sectors of organizations around the world.
Acknowledged companies
The World's Most Ethical Companies 2022 full list can be found at: https://worldsmostethicalcompanies.com/honorees.
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Grupo Bimbo SAB de CV published this content on 31 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 31 March 2022 19:05:00 UTC.
Grupo Bimbo SAB de CV is a Mexico-based company engaged in the food processing sector. The Company focuses on the manufacture, distribution and sale of bread, breakfast bread muffins and bagels, frozen bread, cakes and smaller cakes, sweet and non-sweet cookies, tortillas, pita bread, pizza bread, tostadas and tortillas, snacks, salads and candies, among others. Its segments comprise Mexico; North America, including the United States and Canada; Organization Latinamerica (OLA), including Central and South America, and Europe. The Company operates in over 20 countries and has approximately 100 brands. The Company offers over 10,000 products under various brand names, such as Bimbo, Barcel, Sara Lee, Oroweat, Marinela, Arnold, Entenmann's, Ricolino, Dempster' and Thomas'. It operates through Groupe Adghal.