Ethisphere Names FedEx as One of the 2023 World’s Most Ethical Companies

MEMPHIS, TN / ACCESSWIRE / March 17, 2023 / FedEx Corp. (NYSE:FDX), one of the world's largest express transportation companies, has been recognized by Ethisphere, a global leader in defining and advancing the standards of ethical business practices, as one of the 2023 World's Most Ethical Companies.

FedEx is being recognized for the first time and is the only honoree in the Transportation/Trucking/Railroad industry category in 2023. This year, a total of 135 honorees were recognized spanning 19 countries and 46 industries.

"This is a great honor for FedEx, and we are pleased to be among this select group of companies with exceptional compliance programs and commitments to advancing business integrity," said Justin Ross, Chief Compliance Officer of FedEx Corporation. "Our FedEx team members around the globe have done an incredible job building and maintaining FedEx's strong culture of compliance and ethics, and we are truly appreciative of this esteemed - and hard-earned - recognition."

"Ethics matters. Organizations that commit to business integrity through robust programs and practices not only elevate standards and expectations for all, but also have better long-term performance," said Ethisphere CEO, Erica Salmon Byrne. "We continue to be inspired by the World's Most Ethical Companies honorees and their dedication to making real impact for their stakeholders and displaying exemplary values-based leadership. Congratulations to FedEx for earning a place in the World's Most Ethical Companies community."

Ethics & Performance
Ethisphere's 2023 Ethics Index, the collection of publicly traded companies recognized as recipients of this year's World's Most Ethical Companies designation, outperformed a comparable index of large-cap companies by 13.6 percentage points over a five-year period.

Methodology & Scoring Grounded in Ethisphere's proprietary Ethics Quotient®, the World's Most Ethical Companies assessment process includes more than 200 questions on culture, environmental and social practices, ethics and compliance activities, governance, diversity, and initiatives that support a strong value chain. The process serves as an operating framework to capture and codify the leading practices of organizations across industries and around the globe.

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