Contact Information: Deb Kline Avaya Media Relations 908-953-6179 klined@avaya.com Jennifer Avrhami Ethisphere Magazine 480.941.8497 ext 119 jennifer@mindspace.com
Avaya Named to the 2008 "World's Most Ethical Companies" List by the Ethisphere Institute
| Source: Avaya Inc.
BASKING RIDGE, NJ--(Marketwire - June 4, 2008) - Avaya, a leading global provider of
business communications applications, systems and services, has been named
to World's Most Ethical Companies list for 2008 by The Ethisphere Institute. This marks
the second consecutive year Avaya has been named to the annual listing
which was initiated in 2007.
Ethisphere, a think-tank dedicated to the research and promotion of
profitable best practices in global governance, business ethics, compliance
and corporate responsibility, revealed the award at the Ethisphere and
Forbes joint-conference, "Driving Profit through Ethical Leadership," held
on June 3rd. The list of World's Most Ethical companies will also be
featured in the Q2 issue of Ethisphere Magazine.
Avaya was also named to Ethisphere Institute's Best Overall Government
Contractors Ethics Program earlier this year, ranking seventh out of more
than 1000 companies analyzed by the Institute.
"Adherence to the highest ethical standards is a key factor in Avaya's core
values," said Peter Liria, director, global ethics and compliance program,
Avaya. "We communicate this with each employee on a regular basis --
regardless of their title and role. It's an honor to be recognized for our
commitment for the second year in a row."
Researchers and analysts reviewed thousands of companies on six continents
to determine the finalists using a rigorous, multi-step evaluation process.
The 2008 World's Most Ethical Companies methodology committee is comprised
of leading attorneys, government officials, professors and leaders who care
about ethical and honest business practices.
"We applaud Avaya. Avaya is among the companies honored this year because
they have developed impressive and meaningful ethical business practices,
making them true standouts within their industries," said Alexander
Brigham, executive director of Ethisphere Institute. "They go well beyond
legal minimums, opting instead to bring about innovative ideas that
contribute to the public well being. By their actions, they are forcing
their competitors to follow suit, or fall behind and truly embodying the
notion that ethical business practices are more profitable in the long
run."
Ethisphere analysts reviewed codes of ethics, litigation and regulatory
infraction histories; evaluated investment in innovation and sustainable
business practices; looked at companies' activities to improve corporate
citizenship; studied nominations from senior executives, industry peers,
suppliers and customers; and worked with consumer action groups for
feedback and rating.
The day-long conference, which featured Forbes editors and executives from
world-renowned corporations, universities and ethics organizations, focused
on ethical culture and leadership and highlighted companies' experiences
and ethical challenges, provided advice on preparing for ethical dilemmas
and gave viewpoints from an investor's perspective. The conference
culminated with recognizing Ethisphere Magazine's 2008 World's Most Ethical
Companies at an evening awards dinner.
About Avaya
Avaya delivers Intelligent Communications solutions
that help companies transform their businesses to achieve marketplace
advantage. More than one million businesses worldwide, including more than
90 percent of the FORTUNE 500®, use Avaya solutions for IP telephony, unified communications,
contact centers and
communications-enabled business processes. Avaya
Global Services provide comprehensive service and support for
companies, small to large. For more information, visit the Avaya Web site
at http://www.avaya.com.
About Ethisphere Institute
The research-based Ethisphere Institute and associated membership group,
the Ethisphere Council, are supported by more than 100 institutions and
corporations, including Thomson West, the Practising Law Institute, the
National Association of Corporate Directors, the Global Reporting
Initiative, Corpedia and dozens of others. The Institute is dedicated to
the research, creation, and sharing of best practices in ethics,
compliance, and corporate governance among its membership companies. It
also focuses on the development and advancement of individuals on its
membership council through increased efficiency, innovation, tools,
mentoring, advice, and unique career opportunities. Ethisphere Magazine
is the quarterly publication of the Institute. More information on
membership can be found at http://www.ethisphere.com.
The Ethisphere Institute publishes the globally-recognized annual World's
Most Ethical Companies Ranking™ as well as the Government Contractor Ethics Program Ranking™ and the
upcoming Global
Anti-Corruption Quotient.