The Ethisphere Institute has named tooling manufacturer Kennametal to its annual list of the World’s Most Ethical Companies for the second year in a row.
Each year since 2007 the Ethisphere Institute evaluates companies across the world based on how they are conducting themselves in various business activities and how companies “exceed legal compliance minimums and shape future industry standards by introducing best practices today.”
“To again be recognized as one of the world’s most ethical companies is a great honor and tribute to Kennametal people everywhere,” said Kennametal Chairman, President and CEO Carlos Cardoso in a statement about the recognition. “Not only are we committed to be our best as corporate citizens; we are compelled to improve our performance continuously. That is what differentiates Kennametal as a leader.” (h/t Modern Machine Shop.)
