A.O. Smith Named to World’s Most Moral Firms Checklist

MILWAUKEE, Wis. — Water heater and boiler producer A.O. Smith Corp. was lately acknowledged as one of many 2024 World’s Most Moral Firms by Ethisphere, a world chief in advancing moral enterprise practices.

This marks the primary time A.O. Smith has been given the Ethisphere award over its 18-year historical past. The corporate was amongst greater than 135 different honorees in 19 nations and 46 industries.

“We have now lengthy believed our tradition — particularly our values and guiding rules — is a differentiator for our workers and clients, and this award acknowledges that truth,” stated Kevin Wheeler, A.O. Smith’s president, chairman, and CEO, in a press launch. “This designation is in keeping with who we’re and at all times have been. Whereas it’s a brand new recognition, it’s not a brand new idea for A.O. Smith.”

A.O. Smith is marking its 150^th anniversary this 12 months; the corporate was based in 1874 by Charles Jeremiah Smith.

The World’s Most Moral Firms evaluation is grounded in Ethisphere’s proprietary Ethics Quotient, an in depth questionnaire that requires firms to offer extra 240 totally different proof factors on firm tradition, together with its environmental, social, and governance (ESG) practices; ethics and compliance program; variety, fairness, and inclusion; and initiatives that assist a robust worth chain. That knowledge undergoes qualitative evaluation by Ethisphere’s panel of consultants, who spend hundreds of hours vetting and evaluating annually’s group of candidates.

“By means of the rigorous evaluation course of, we see the dedication of those organizations to repeatedly enhancing their ethics, compliance, and governance practices to the good thing about all stakeholders,” stated Erica Salmon Byrne, chief technique officer and govt chair at Ethisphere. “Firms that elevate best-in-class cultures of ethics and integrity set a normal for company citizenship for his or her friends and opponents to comply with.”

A.O. Smith’s values and guiding rules have steered the corporate all through its 150-year historical past and helped make it the thriving group it’s, the corporate’s press launch stated.

“As we glance again on what has made A.O. Smith profitable all these years — and likewise look to our vivid future forward — this milestone 12 months is the proper time to attain this recognition,” Wheeler stated. “I need to thank our workers for his or her dedication to make this honor potential and for residing our values daily.”