As a sign of its longstanding commitment to ethical business practices,
TE has been recognized for seven years in a row and is one of only two 2021 honorees in the electronics and components industry.
'We hold ourselves and our partners to the highest of ethical standards as we work toward our purpose of creating a safer, sustainable, productive and connected world with our technology,' said TE CEO
TE's ethics and compliance culture is designed to empower its employees and partners to do business in a way that does not compromise the company's core values of integrity, accountability, teamwork and innovation. TE offers a multitude of resources to ensure employees understand the company's values, including Ethical Connections, a tool that enables managers to facilitate discussions about ethical dilemmas with their teams. TE managers have conducted nearly 18,000 of these conversations since it was created in 2013.
TE maintained its focus on ethical standards during the COVID-19 pandemic, a time when
'While addressing the tough challenges of 2020, we saw companies lead - above all other institutions - on earning the trust of stakeholders through resilience and a commitment to ethics and integrity,' he said. 'The World's Most Ethical Companies honorees continue to demonstrate an unwavering commitment to the highest values and positively impacting the communities they serve. Congratulations to everyone at
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 to support a strong value chain. This year, the question set was expanded to gauge how applicants are adapting and responding to the global health pandemic, environmental, social, and governance factors, safety, equity, and inclusion and social justice.
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