Recent studies show that up to 75 percent of the value of an organization is based upon its intangible assets — the most significant being ethics.
St. Paul, MN, December 6, 2011 – H.B. Fuller (NYSE: FUL), a leading global adhesives provider, has earned the coveted Ethics Inside® Certification from the Ethisphere Institute, a leading international think tank dedicated to the research and promotion of best practices in corporate ethics and compliance. The Ethics Inside Certification recognizes H.B. Fuller’s strong culture of promoting responsible, sustainable business practices and stature as an ethical supplier. Ethisphere conducted a comprehensive review of H.B. Fuller’s ethics, citizenship, corporate responsibility, and governance programs and practices. H.B. Fuller demonstrated that it has established systems to reasonably detect and prevent ethical and compliance violations, to ensure good governance and to promote corporate responsibility.
“Core to our corporate beliefs, we expect all of our employees to act with integrity and do the right thing at all times, and I am very pleased to receive this third-party recognition of our business principles and practices,” said Jim Owens, president and CEO of H.B. Fuller. “Being awarded Ethics Inside Certification demonstrates H.B. Fuller’s commitment to maintaining the highest standards for ethics, citizenship, corporate responsibility, and governance.”
Ethisphere, the provider of independent verification of corporate ethics and compliance programs, awards Ethics Inside Certification exclusively to companies that have implemented adequate standards, systems, and programs to reasonably prevent compliance failures and ethical breakdowns and also can demonstrate the existence of a superior employee and leadership culture that promotes ethical business practices.
“We were particularly impressed with H.B. Fuller’s solid and well-communicated tone from the top, which is disseminated throughout the organization through careful coordination with the corporate communications group,” said Erica Salmon Byrne, senior vice president of Compliance Advisory Services for Corpedia, the licensed Ethisphere credentialing partner that performed the assessment work for H.B. Fuller. “That partnership, as well as the working relationship the compliance team has with business leaders is something we would recommend to other similarly situated organizations.”
Ethisphere’s licensed credentialing partners look at more than 100 separate criteria during the Ethics Inside Certification process, including corporate citizenship and responsibility, overall compliance and ethics program, organizational health and culture of ethics, corporate governance, and regulatory history. No company is expected to excel in all criteria areas—yet the aggregate score must meet or exceed a level at which ethical behavior becomes the core expectation, fundamental compliance systems are in place, tone from the top is clear, and the company’s actions bear unmistakable signs of good corporate citizenship. More information about Ethics Inside Certification is available at http://ethisphere.com/inside.
H.B. Fuller has a 125-year history of doing business with integrity and innovating responsibly. H.B. Fuller’s customers, business partners and investors can rely on this independent verification to provide objective assurance of H.B. Fuller’s adherence to high standards of ethics, compliance, and governance.
H.B. Fuller Media Contact:
Manager, Corporate Communications
Ethisphere Media Contact:
Marketing & Media Director
+1 800.369.7583 Extension 7
About H.B. Fuller Company
For nearly 125 years, H.B. Fuller has been a leading global adhesives provider focusing on perfecting adhesives, sealants, paints and other specialty chemical products to improve products and lives. Recognized for unmatched technical support and innovation, H.B. Fuller brings knowledge and strength to help its customers find precisely the right formulation for the right performance. With fiscal 2010 net revenue of $1.36 billion, H.B. Fuller serves customers in packaging, hygiene, paper converting, general assembly, woodworking, construction and consumer businesses. For more information, visit www.hbfuller.com, read H.B. Fuller’s blog, follow GlueTalk on Twitter or like H.B. Fuller on Facebook.
H.B. Fuller Company
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