PHILADELPHIA — BDP International, a leading privately held global logistics and transportation services company, has been recognized by the Ethisphere Institute, a global leader in defining and advancing the standards of ethical business practices, as one of the 2019 World's Most Ethical Companies.
BDP International has been recognized each year since 2015 and is the only honoree in the logistics and transportation industry.
"This is a tremendous honor for BDP International, and the continuity of this recognition for the past four years is a testament to the values that drive our company," said BDP Chairman and CEO Richard J. Bolte, Jr. "Our commitment to adhering to the highest ethical business practices is unwavering in every location across the globe. The entire BDP organization is humbled by this year's award."
In 2019, 128 honorees were recognized spanning 21 countries and 50 industries. The 13th class of honorees profoundly illustrates how companies continue to be the driving force for improving communities, building capable and empowered workforces, and fostering corporate cultures focused on ethics and a strong sense of purpose.
"At BDP, the culture of ethics first starts at the top and cascades through the company," said BDP Legal Department Manager Candice Colon. "Thanks to the support of our leadership, we have been able to continuously enhance the ethics program and provide employees with a robust educational experience. This year's recognition is a testament to BDP's ongoing promise to make ethics a top priority in our daily operations."
"Today, employees, investors and stakeholders are putting their greatest trust in companies to take leadership on societal issues. Companies that take the long view with a purpose-based strategy are proven to not only outperform but last," said Ethisphere's Chief Executive Officer Timothy Erblich. "I congratulate everyone at BDP International for earning this recognition."
Ethics & Performance
Ethisphere's annual practice of tracking how the stock prices of publicly traded honorees compare to the Large Cap Index found that listed 2019 World's Most Ethical Companies outperformed the large cap sector over five years by 14.4 percent and over three years by 10.5 percent.
Methodology & Scoring
The World's Most Ethical Companies assessment is based upon the Ethisphere Institute's Ethics Quotient® (EQ) 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 (35 percent), culture of ethics (20 percent), corporate citizenship and responsibility (20 percent), governance (15 percent), and leadership and reputation (10 percent). All companies that participate in the assessment process receive their scores, providing them with valuable insights into how they stack up against leading organizations.
The full list of the 2019 World's Most Ethical Companies can be found at https://worldsmostethicalcompanies.com/honorees.
Best practices and insights from the 2019 honorees will be released in a report and webcast in March and April of this year. Sign up to receive the report.
About BDP International
Headquartered in Philadelphia, BDP International is one of the leading privately held freight logistics/transportation management firms based in the U.S. It operates freight logistics centers in 20 cities throughout North America and a network of wholly owned subsidiaries, joint ventures and strategic partnerships in nearly 140 countries. The company serves more than 4,000 customers worldwide and provides a range of services, including ocean, air and ground transportation; lead logistics process analysis, design and management; export freight forwarding; import customs clearance and regulatory compliance; project logistics; warehousing, consolidation and distribution; and its web-based BDP Smart Suite® of shipping transaction/tracking management and visibility applications. For more, visit www.bdpinternational.com.
About the Ethisphere Institute
The Ethisphere® Institute is the global leader in defining and advancing the standards of ethical business practices that fuel corporate character, marketplace trust and business success. Ethisphere has deep expertise in measuring and defining core ethics standards using data-driven insights that help companies enhance corporate character and measure and improve culture. Ethisphere honors superior achievement through its World's Most Ethical Companies recognition program and provides a community of industry experts with the Business Ethics Leadership Alliance (BELA). More information about Ethisphere can be found at: https://ethisphere.com.
More Info: http://www.bdpinternational.com