Concurrent Technologies Corp. has been named one of the world's most ethical companies by Ethisphere Institute, an international think-tank. The sixth annual list highlights organizations that demonstrate leadership in promoting ethical business standards and practices.
Ethisphere reviewed nominations from companies in more than 100 countries and 36 industries. The methodology behind the list includes reviewing codes of ethics, litigation and regulatory infraction histories; evaluating the investment in innovation and sustainable business practices; looking at activities designed to improve corporate citizenship; and studying nominations from senior executives, industry peers, suppliers and customers.
The 2012 winning organizations were recognized at the World's Most Ethical Companies Honoree Dinner Thursday in New York City. Former U.S. Secretary of State Madeleine Albright was the dinner's keynote speaker.
CTC has locations in 22 U.S. cities, including Johnstown.