US' retailer Kohl's named among 2024's most ethical companies

05 Mar '24

2 min read

Pic: Kohl's

Insights

Kohl's named among World's Most Ethical Companies by Ethisphere for sixth year.
This prestigious accolade reflects Kohl's commitment to ethical business practices, including integrity, compliance, and social responsibility.
Kohl's dedication to upholding high standards in its operations and fostering a culture of ethics within the organization.

For the sixth consecutive year, Kohl’s (NYSE: KSS) has been recognized by Ethisphere, a global leader in defining and advancing the standards of ethical business practices, as one of the 2024 World’s Most Ethical Companies. Kohl’s is one of only two honorees in the retail industry, with 136 honorees recognized this year, spanning 20 countries and 44 industries.

Since 2007, the Ethisphere Institute has honored companies for setting the global standards of business integrity and corporate citizenship. The World's Most Ethical Companies assessment is grounded in Ethisphere's proprietary Ethics Quotient, which evaluates progress surrounding companies’ culture of ethics; environmental, social, and governance practices; ethics and compliance program; diversity, equity, and inclusion; and initiatives that support a strong value chain. This process serves as an operating framework to capture and codify truly best-in-class ethics and compliance practices from organizations across industries and worldwide.

“Kohl’s is honored to be recognized by Ethisphere as one of the World’s Most Ethical Companies for the sixth consecutive year,” said Steve Thomas, Kohl’s chief risk and compliance officer. “Upholding ethical standards for ourselves and our partners is a critical component of our company’s values and is reflected in how Kohl’s cares about our customers, associates and communities. As we continue to drive results through our ongoing ethics, compliance and governance programs, we are committed to operating with transparency and integrity.”

“Congratulations to Kohl’s and its associates for their sixth consecutive year of earning this recognition,” said Ethisphere’s Chief Executive Officer, Erica Salmon Byrne. “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 Kohl’s for achieving this honor and demonstrating that strong ethics is good business."