Textron Wins Top Ethics Award
Providence, RI .- Textron Inc. (NYSE: TXT) announced today that it has been honored by Ethisphere Institute for being among the top government contractors in ethics. Overall, Textron was rated number four out of more than 1,000 companies evaluated, with a classification of excellent and a total ethics program score of 93.10. The company also received top honors in Best Ethics Program Overall, Best Ethics Training & Communications Programs and Internal Control Systems categories.
“Textron is honored to be recognized as an industry leader in government contractor ethics,” said Terrence O’Donnell, executive vice president and general counsel. “We are committed to the continuous improvement of our culture of compliance and determined to uphold and enforce our high ethical standards.”
Researchers from the Ethisphere Institute analyzed more than 1,000 federal government contractors based upon their ethics programs. The Institute’s rankings were built on an objective analysis in four categories: code of ethics and business conduct, leadership and tone from the top, internal control systems, and ethics training and communication programs.
The rankings will be published in the Q1 2008 issue of Ethisphere Magazine, available in late March and are currently available online at Ethisphere.com.
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