Merrillville-based Nisource and a company with a significant footprint in Northwest Indiana were named among the most ethical in the world.
The Ethisphere Institute, which promotes ethical business practices worldwide, honored NiSource and Praxair, an industrial gas supplier which has an air separation plant in Burns Harbor and a pipeline operational center in East Chicago.
“We are proud to receive this recognition for the seventh consecutive year, as it reaffirms how the NiSource team has built a strong culture of fairness, honesty, integrity and trust,” NiSource President and CEO Joe Hamrock said. “Our nearly 8,000 employees arrive at work each day with a shared mindset of ensuring ethical business practices that value and respect the uniqueness of all of our customers, communities and stakeholders.”
The "2018 World’s Most Ethical Companies" included 135 honorees across 23 countries and in 57 different sectors.
“While the discourse around the world changed profoundly in 2017, a stronger voice emerged," Ethisphere’s CEO Timothy Erblich said. "Global corporations operating with a common rule of law are now society’s strongest force to improve the human condition. This year we saw companies increasingly finding their voice. The World’s Most Ethical Companies in particular continued to show exemplary leadership."
The annual ranking, now in its 12th year, looks at company culture, transparency, diversity, inclusion and authentic leadership.