By Carolyn Herzog, executive vice president and general counsel
Today, I’m proud to announce that Arm has been distinguished as one of the 2020 World’s Most Ethical Companies by the Ethisphere® Institute, a global leader in defining and advancing the standards of ethical business practices. Arm has been recognized as one of only four honorees in the electronics and semiconductor industry and one of 132 companies globally that earned the distinction.
The selection process for this award is vigorous and grounded in Ethisphere’s proprietary Ethics Quotient®, which is designed to measure an organization’s practical decision-making and the development of best practices in business ethics. This included a thorough assessment of Arm’s culture, environmental and social practices, ethics and compliance activities, governance, diversity and our initiatives to support strong values throughout our ecosystem.
Increasingly, employees, partners, stakeholders and our community want to see companies take responsibility for important issues such as diversity and inclusion, the environment and sustainable business practices. Arm’s strong and ongoing commitment to leadership in these areas is guided by our core beliefs to establish a culture of high ethical standards which steer our behavior and operations as part of the broader global community.
With an ecosystem of more than 1000+ partners, we work each day to build on our legacy of trust and integrity. Whether it be calling for an industry-wide effort to take responsibility for a new set of ethical AI design principles, convening the technology industry via 2030Vision to support the delivery of the United Nations sustainable development goals, or establishing engineering best practices that make our technology more secure and trustworthy, our goal at Arm is to make positive change with a purpose-based strategy.
Ultimately, Arm’s foundational technology helps connect global communities and transforms lives. We are honored to be recognized for our high ethical standards and practices as we work with our partners to build trustworthy systems that impact and advance humanity.