Melville, NY—For the third consecutive year, Ethisphere recognizes Canon USA was recognized as one of the 2020 World’s Most Ethical Companies by the Ethisphere Institute. Canon is the only company honored within the Imaging Technology category. Further, it was recognized out of 132 honorees across 21 countries and 51 industries.
Moreover, the recognition highlights Canon’s ongoing innovative and proactive approach to corporate social responsibility initiatives; it also reflects the strong values, culture and leadership that drive the company forward. 
“To be named one of the World’s Most Ethical Companies by the Ethisphere Institute is an honor that speaks to the widespread integrity present at every single level of our organization,” said N. Scott Millar, senior vice president & general manager, Corporate Human Resources, Audit, Ethics & Business Consultation and senior vice president, Human Resources, Canon Solutions America, Inc.
“This distinction recognizes our mission to implement positive change in businesses across the country. We are proud to carry it forward as we serve these communities through our advanced solutions and initiatives.”
Ethisphere Recognizes Canon
As a global leader dedicated to defining and advancing standards of ethical business practices, the Ethisphere Institute bases its assessment upon its Ethics Quotient (EQ) framework. It provides a quantitative way to determine a business’s performance in an objective, consistent as well as standardized manner. Furthermore, the information collected provides a comprehensive view into a company’s corporate governance, risk, sustainability and compliance, and ethics practices. 
In addition, Ethisphere generates the scores in five key categories: ethics and compliance program (35%); culture of ethics (20%); corporate citizenship and responsibility (20); governance (15%); and also leadership and reputation (10%).
“Congratulations to everyone at Canon U.S.A. for earning this recognition,” said Ethisphere’s chief executive officer, Timothy Erblich. “This is a moment to acknowledge the leaders working to advance corporate cultures defined by integrity and affirm those companies contributing to broader societal imperatives and the greater good.”
To view the full list of the 2020 World’s Most Ethical Companies, visit worldsmostethicalcompanies.com.
