Recognition by Leading Ethics Think Tank Spotlights Hitachi Data Systems Commitment to Upholding Ethical Business Practices
Bangalore, India - January 16, 2013 - Hitachi Data Systems Corporation, a wholly owned subsidiary of Hitachi, Ltd. (TSE: 6501), today announced that it has earned both the coveted Ethics Inside™ Certification and the Anti-Corruption Program Verification from the Ethisphere Institute, a leading international think tank dedicated to the research and promotion of best practices in corporate ethics and compliance.
"It is an honor to be recognized with this distinction by Ethisphere," said David Karas, vice president, Ethics and Business Conduct, Hitachi Data Systems. "At Hitachi Data Systems, the great task of delivering best-in-class information solutions is built on the commitment of our people to our core company values. Those values drive Hitachi Data Systems employees to be accountable for their actions and to operate with the highest ethical standards at every level of our organization. This latest recognition adds to the naming of Hitachi Data Systems as one of the World's Most Ethical Companies by Ethisphere in 2011 and 2012."
"Obtaining Ethics Inside Certification is a uniquely exhaustive process and is accomplished by a select group of organizations that truly embrace the important correlation between ethics and performance," said Alex Brigham, executive director, Ethisphere. "Ethisphere is pleased to recognize Hitachi Data Systems as an Ethics Inside Certified organization and we applaud the company for displaying ethical leadership within its industry and clearly communicating to its various stakeholders that ethics plays a key role in its culture and strategy."
Ethisphere is the leading independent verifier of corporate ethics and compliance programs. The organization awards Ethics Inside Certification exclusively to companies and nonprofit organizations according to two criteria. The first criterion is to implement adequate standards, systems and programs to reasonably prevent compliance failures and ethical breakdowns. The second criterion is to demonstrate a superior employee and leadership culture that promotes ethical business practices.
Ethisphere's Anti-Corruption Program Verification offers objective, independent verification of a company's anti-corruption program and initiatives, including a comprehensive review of policies, procedures, training, communication, controls and enforcement. Anti-Corruption Program Verification can be earned only by companies that prove they have designed, implemented, and enforced a robust, best-in-class anti-corruption program that is capable of reasonably detecting and preventing bribery and corruption.
About Hitachi Data Systems
Hitachi Data Systems provides best-in-class information technologies, services and solutions that deliver compelling customer ROI, unmatched return on assets (ROA) and demonstrable business impact. With a vision that IT must be virtualized, automated, cloud-ready and sustainable, Hitachi Data Systems offers solutions that improve IT costs and agility. With approximately 5,900 employees worldwide, Hitachi Data Systems does business in more than 100 countries and regions. Hitachi Data Systems products, services and solutions are trusted by the world's leading enterprises, including more than 70 percent of the Fortune 100 and more than 80 percent of the Fortune Global 100. Hitachi Data Systems believes that data drives our world – and information is the new currency. To learn more, visit: http://www.hds.com/in/.
About Hitachi, Ltd.
Hitachi, Ltd. (TSE: 6501), headquartered in Tokyo, Japan, is a leading global electronics company with approximately 320,000 employees worldwide. Fiscal 2011 (ended March 31, 2012) consolidated revenues totaled 9,665 billion yen ($117.8 billion). Hitachi is focusing more than ever on the Social Innovation Business, which includes information and telecommunication systems, power systems, industrial, transportation and urban development systems, as well as the sophisticated materials and key devices that support them. For more information on Hitachi, please visit the company's website at http://www.hitachi.com.
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