Irving, TX—Nov. 8, 2011—Novation, has earned the coveted Ethics Inside Certification from the Ethisphere Institute, an international think tank dedicated to the research and promotion of best practices in corporate ethics and compliance.
Ethisphere’s licensed credentialing partners look at more than 100 separate criteria during the Ethics Inside Certification process, including corporate citizenship and responsibility; overall compliance and ethics program; organizational health and culture of ethics; corporate governance; and regulatory history. No company is expected to excel in all criteria areas—yet the aggregate score must meet or exceed a level at which ethical behavior becomes the core expectation, fundamental compliance systems are in place, tone from the top is clear and the company’s actions bear unmistakable signs of good corporate citizenship.
“We are extremely pleased to receive this prestigious honor” said Jody Hatcher, president and CIO. “Our employees have a long-standing commitment to ethical business conduct and applying the highest standards of integrity to every aspect of our business, so I am particularly delighted that our allegiance to these characteristics has been recognized with such an esteemed distinction.”
Ethisphere, the provider of independent verification of corporate ethics and compliance programs, awards Ethics Inside Certification exclusively to companies that not only have implemented adequate standards, systems and programs to reasonably prevent compliance failures and ethical breakdowns, but that can also demonstrate the existence of a superior employee and leadership culture that promotes ethical business practices.
During the Ethisphere corporate credentialing process, exceptional governance systems and supply chain sustainability were two of the standout components of Novation’s Ethics Inside Certification.
“Novation’s strong culture of ethics, robust compliance and ethics program, and solid governance systems were absolutely noteworthy,” said Robert Leffel, director of Compliance Advisory Services for Corpedia, a licensed Ethisphere credentialing partner. “We were impressed with Novation’s efforts in supply chain sustainability and oversight, including their best-practice vendor grievance and feedback process which every organization should adopt.”
For more information about Ethics Inside Certification, visit http://ethisphere.com/inside.