4.3.2024
Ethisphere names Hrvatski Telekom as one of The 2024 World's Most Ethical Companies® for the 2nd time
Hrvatski Telekom, leading telecommunications company and the largest investor in digitalization in Croatia, has received the 2024 World’s Most Ethical Companies® recognition by Ethisphere, a global leader in defining and advancing the standards of ethical business practices.
Hrvatski Telekom has been recognized for the second time on the global level for exemplary corporate governance practices and is the only Croatian company ever to make the list, as well as one of only three honorees in the telecommunications industry across the world. The criteria for making the World’s Most Ethical Companies® list have in 2024 been additionally raised and are more demanding than ever, resulting with companies from only 20 countries making the list.
“At Hrvatski Telekom, we believe in the pivotal role of implementing the highest governance and ethical standards in every area of our business. It is these principles that not only safeguard our business integrity, but they also foster trust among our stakeholders, our customers, our partners, our shareholders and they drive our sustainable growth. Being the only company ever from Croatia, now for the second time, to be recognized as one of the World's Most Ethical Companies is truly an extraordinary achievement of which we are extremely proud. This recognition gives us an additional motivation to continue constantly raisng the bar and serving as a role model”, stated Kostas Nebis, Hrvatski Telekom CEO.
“It’s always inspiring to recognize the World’s Most Ethical Companies®. Through the rigorous review process, we see the dedication of these organizations to continually improving their ethics, compliance, and governance practices to the benefit of all stakeholders,” said Erica Salmon Byrne, Ethisphere’s Chief Strategy Officer and Executive Chair. “Companies that elevate best-in-class cultures of ethics and integrity set a standard for corporate citizenship for their peers and competitors to follow. Congratulations to Hrvatski Telekom for achieving this honor and demonstrating that strong ethics is good business.”
Ethics & Performance
The listed 2024 World’s Most Ethical Companies® Honorees outperformed a comparable index of global
companies by 12.3 percentage points from January 2019 to January 2024.
Methodology & Scoring
The World's Most Ethical Companies assessment is grounded in Ethisphere's proprietary Ethics Quotient®, an extensive questionnaire that requires companies to provide over 240 different proof points on their culture of ethics; environmental, social, and governance (ESG) practices; ethics and compliance program; diversity, equity, & inclusion; and initiatives that support a strong value chain. That data undergoes further qualitative analysis by our panel of experts who spend thousands of hours vetting and evaluating each year's group of applicants. This process serves as an operating framework to capture and codify truly best-in-class ethics and compliance practices from organizations across industries and from around the world.
Honorees
To view the full list of this year’s honorees, please visit the World’s Most Ethical Companies website, at https://worldsmostethicalcompanies.com/honorees.
About Hrvatski Telekom
Hrvatski Telekom (HT) is the leading telecommunications company in Croatia providing a full range of telecommunications services – fixed and mobile telephony services, data transmission, TV services, internet and international communications.
As the biggest private investor in digitalization in Croatia, Hrvatski Telekom continuously invests in the country’s future economic and social development. Numerous independent international awards over the years confirmed Hrvatski Telekom’s leading network status in Croatia. In addition, Hrvatski Telekom also provides a wide range of business solutions and services to companies of all sizes, from ICT and Cloud services to POS and customer engagement solutions, as well as Smart City solutions to local Croatian governments.
For more information, visit: www.t.ht.hr
About Ethisphere
Ethisphere is the global leader in defining and advancing the standards of ethical business practices that strengthen corporate brands, build trust in the marketplace, deliver business success. Ethisphere has deep expertise in measuring and defining core ethics standards using data-driven insights that help companies build strong cultures of ethics and integrity. Ethisphere honors superior achievement through its World’s Most Ethical Companies® recognition program, provides a community of industry experts with the Business Ethics Leadership Alliance (BELA), and showcases trends and best practices in ethics with Ethisphere Magazine. Ethisphere also advances business performance through data-driven assessments, guidance, and benchmarking against its unparalleled data: the Culture Quotient dataset reflecting the ethical business practices of 3+ million employees around the world; and the Ethics Quotient dataset, featuring 240+ data points on the ethics, compliance, social, and governance practices of the World’s Most Ethical Companies. For more information, visit https://ethisphere.com.