Feb. 12, 2018 – NextEra Energy, Inc. has been recognized by the Ethisphere Institute, a global leader in defining and advancing the standards of ethical business practices, as one of the 2018 World’s Most Ethical Companies. NextEra Energy, whose principal subsidiaries are Florida Power & Light Company and NextEra Energy Resources, LLC, is one of only 20 current honorees in the world to achieve this prestigious honor 11 or more times and one of only six in the energy and utilities sector worldwide to receive this recognition in 2018.
“We take enormous pride in being named one of the World’s Most Ethical Companies once again,” said Jim Robo, NextEra Energy chairman and CEO. “This honor is a reflection of our team’s dedication to our company values of being committed to excellence, doing the right thing and treating people with respect. Integrity is paramount in everything we do. As both America’s third-largest capital investor in infrastructure and the world’s largest generator of renewable energy from the wind and sun, our team is committed to delivering affordable, reliable and clean energy to our customers ethically and responsibly.”
The World’s Most Ethical Companies assessment is based upon the Ethisphere Institute’s Ethics Quotient 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;
- Corporate citizenship and responsibility;
- Culture of ethics;
- Governance; and
- Leadership, innovation and reputation.
“NextEra Energy is one of just 20 current honorees to be recognized 11 or more times, which speaks to the strong corporate culture of high ethical standards and integrity in business practices,” said Ethisphere’s Chief Executive Officer Timothy Erblich. “We congratulate all 14,000 employees for their role in making NextEra Energy one of 2018’s World’s Most Ethical Companies.”
This year, Ethisphere recognized 135 honorees spanning 23 countries and 57 industries. The full list of the 2018 World’s Most Ethical Companies can be found at http://worldsmostethicalcompanies.ethisphere.com/honorees/.
The Ethisphere recognition follows an announcement in January that NextEra Energy was ranked No. 1 overall among electric and gas utilities on Fortune’s 2018 list of the “Most Admired Companies” for the 11th time in 12 years, and ranked among the top 20 companies worldwide across all industries for innovation, people management, use of corporate assets, social responsibility and long-term investment value. NextEra Energy also was recently ranked among Forbes’ list of America’s Best Employers for Diversity.