BDP International, a leading privately held global logistics company and transportation services company, has been recognized by the Ethisphere Institute, a global leader in defining and advancing the standards of ethical business practices, as one of the 2019 World's Most Ethical Companies.
BDP International has been recognized each year since 2015 and is the only honoree in the logistics industry and transportation industry.
“This is a tremendous honor for BDP International, and the continuity of this recognition for the past four years is a testament to the values that drive our company,” said BDP Chairman and CEO Richard J. Bolte, Jr. “Our commitment to adhering to the highest ethical business practices is unwavering in every location across the globe. The entire BDP organization is humbled by this year’s award.”
In 2019, 128 honorees were recognized spanning 21 countries and 50 industries. The 13th class of honorees profoundly illustrates how companies continue to be the driving force for improving communities, building capable and empowered workforces, and fostering corporate cultures focused on ethics and a strong sense of purpose.
“At BDP, the culture of ethics first starts at the top and cascades through the company,” said BDP Legal Department Manager Candice Colon.
“Thanks to the support of our leadership, we have been able to continuously enhance the ethics program and provide employees with a robust educational experience. This year’s recognition is a testament to BDP’s ongoing promise to make ethics a top priority in our daily operations.”
“Today, employees, investors, and stakeholders are putting their greatest trust in companies to take leadership on societal issues. Companies that take the long view with a purpose-based strategy are proven to not only outperform but last,” said Ethisphere’s Chief Executive Officer Timothy Erblich. “I congratulate everyone at BDP International for earning this recognition.”
Ethics & Performance
Ethisphere’s annual practice of tracking how the stock prices of publicly traded honorees compare to the Large Cap Index found that listed 2019 World’s Most Ethical Companies outperformed the large-cap sector over five years by 14.4 percent and over three years by 10.5 percent.
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), culture of ethics (20 percent), corporate citizenship and responsibility (20 percent), governance (15 percent), and leadership 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.