Brightstar Corp. named as a 2017 World’s Most Ethical Company by the Ethisphere Institute for the first time
Recognition honors those companies who lead with integrity and align principle with action.
MIAMI – March 14, 2017– Brightstar Corp., the world’s leading mobile services company for managing devices and accessories across the wireless ecosystem, has been recognized by the Ethisphere Institute, a global leader in defining and advancing the standards of ethical business practices, as a 2017 World’s Most Ethical Company®.
This is the first time Brightstar has been named as a World’s Most Ethical Company. This year, 124 companies were named as World’s Most Ethical Companies, representing 52 industry sectors across 19 countries, and Brightstar is one of only three companies recognized from the Telecommunications industry. This distinction underscores Brightstar’s commitment to high ethical standards and demonstrates that ethical business practices and compliance are key competitive differentiators.
“When we work with customers, be it a wireless carrier or an electronics retailer, our job is to make sure we are bringing forward bold solutions that empower their businesses and simplify the wireless world, making mobile technology accessible to everyone,” said Brightstar President and CEO Jaymin B. Patel. “To maintain this position as a strategic partner, it’s absolutely essential to strive toward a culture of ethics and compliance so our customers can rest assured that we always have their best interests in mind.”
Twenty-seventeen is the eleventh year that Ethisphere has honored those companies who recognize their role in society to influence and drive positive change, consider the impact of their actions on their employees, investors, customers and other key stakeholders and use their values and culture as an underpinning to the decisions they make every day.
“Over the last eleven years we have seen the shift in societal expectations, constant redefinition of laws and regulations and the geo-political climate. We have also seen how companies honored as the World’s Most Ethical respond to these challenges. They invest in their local communities around the world, embrace strategies of diversity and inclusion, and focus on long term-ism as a sustainable business advantage,” explained Ethisphere’s Chief Executive Officer, Timothy Erblich. “Congratulations to everyone at Brightstar Corp. for being recognized as a World’s Most Ethical Company.”
Methodology & Scoring
The World’s Most Ethical Company assessment is based upon the Ethisphere Institute’s Ethics Quotient® (EQ) framework which offers a quantitative way to assess a company’s performance in an objective, consistent and standardized way. The information collected provides a comprehensive sampling of definitive criteria of core competencies, rather than all aspects of corporate governance, risk, sustainability, compliance and ethics.
Scores are generated in five key categories: ethics and compliance program (35%), corporate citizenship and responsibility (20%), culture of ethics (20%), governance (15%) and leadership, innovation and reputation (10%) and provided to all companies who participate in the process.
The full list of the 2017 World’s Most Ethical Companies can be found at http://worldsmostethicalcompanies.ethisphere.com/honorees/.
Brightstar simplifies the wireless world, making mobile technology accessible to everyone. A subsidiary of SoftBank Group Corp., Brightstar is the world’s leading mobile services company for managing devices and accessories across the wireless ecosystem. Brightstar serves 50,000+ carrier, retail and enterprise customers across 100 countries, touches over 100,000 points of sale and participates in every stage of a device’s lifecycle, from when it’s manufactured to the moment it’s time to trade it in and re-market it. We process over 100 million devices every year, providing innovative end-to-end services seamlessly integrated with our customers’ businesses. Visit Brightstar.com for more information.
About the Ethisphere Institute
The Ethisphere® Institute is the global leader in defining and advancing the standards of ethical business practices that fuel corporate character, marketplace trust and business success. Ethisphere has deep expertise in measuring and defining core ethics standards using data-driven insights that help companies enhance corporate character. Ethisphere honors superior achievement through its World’s Most Ethical Companies recognition program, provides a community of industry experts with the Business Ethics Leadership Alliance (BELA) and showcases trends and best practices in ethics with the publication of Ethisphere Magazine. More information about Ethisphere can be found at: http://ethisphere.com.