HDS Recognized for Demonstrated Leadership in Ethical Business Practices
SANTA CLARA, Calif.— March 6, 2013 — Hitachi Data Systems Corporation (HDS), a wholly owned subsidiary of Hitachi, Ltd. (TSE: 6501), today announced it has been recognized by the Ethisphere Institute as one of the 2013 World’s Most Ethical Companies. Hitachi Data Systems has been named to the list of the World’s Most Ethical Companies for three consecutive years. This list highlights organizations that outperform industry peers in ethical behavior. Hitachi Data Systems secured its spot by implementing and maintaining high standards of integrity and an ethical culture throughout its organization.
“Hitachi Data Systems is honored to once again be recognized by the Ethisphere Institute with this prestigious award that demonstrates our mission to go above and beyond basic compliance requirements for true ethical leadership,” said David Karas, vice president, Ethics and Business Conduct, Hitachi Data Systems. “Upholding the highest levels of ethical standards is not just a business practice at HDS; it is a critical cornerstone of our company culture. Every day, our employees at every level of the organization exhibit an unwavering dedication to the highest integrity and ethical standards. At HDS we view this recognition as a milestone on the road to continuous improvement to reach even higher standards in the future.”
“Not only did more companies apply for the World's Most Ethical Companies recognition this year than any year in the past, which demonstrates that ethical activity is an important part of many of these companies’ business models, but we are also seeing more companies be proactive and create new initiatives that expand ethics programs and cultures across entire industries such as industry-based ethics associations and other activities,” said Alex Brigham, executive director, Ethisphere. “We are excited to see the 2013 World's Most Ethical Companies take these leadership positions and embrace the correlation between ethical behavior and improved financial performance.”
Today’s 2013 World’s Most Ethical Companies announcement marks continued recognition for Hitachi Data Systems as an ethical company and best place to work over the years. For the second year in a row, the company was named one of FORTUNE Magazine’s “100 Best Companies to Work For.” For the third consecutive year HDS was named one of the 40 Best Companies for Leaders by Chief Executive Magazine. The company has also been named to the top 10 best places to work in the San Francisco Bay Area for the past four years, as well as a best place to work in Greater China in 2013 and in Poland in 2012.
About Ethisphere World’s Most Ethical Companies:
The research-based Ethisphere® Institute is a leading international think-tank dedicated to the creation, advancement and sharing of best practices in business ethics, corporate social responsibility, anti-corruption and sustainability. Ethisphere Magazine, which publishes the globally recognized World’s Most Ethical Companies Ranking™, is the quarterly publication of the Institute. Ethisphere provides the only third-party verifications of compliance programs and ethical cultures that include: Ethics Inside® Certification, Compliance Leader Verification™ and Anti-Corruption Program Verification. More information on the Ethisphere Institute, including ranking projects and membership, can be found at http://www.ethisphere.com.
About Hitachi Data Systems
Hitachi Data Systems provides information technologies, services and solutions that help companies improve IT costs and agility, and innovate with information to make a difference in the world. Our customers gain compelling return on investment (ROI), unmatched return on assets (ROA), and demonstrable business impact. With approximately 5,900 employees worldwide, Hitachi Data Systems does business in more than 100 countries and regions. Our products, services and solutions are trusted by the world's leading enterprises, including more than 70% of the Fortune 100 and more than 80% of the Fortune Global 100. Visit us at www.HDS.com.
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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