Recognition honors companies demonstrating
business integrity through best-in-class ethics, compliance, and
governance practices
MINNEAPOLIS, March 4,
2024 /PRNewswire/ -- Polaris Inc. (NYSE: PII), a
global leader in powersports, has been recognized as one of
the 2024 World's Most Ethical Companies® by Ethisphere, a global
leader in defining and advancing the standards of ethical business
practices.
"It is an honor to be named as one of the World's Most Ethical
Companies by Ethisphere for a second time. This recognition
demonstrates how our employees embody the Geared For Good
mentality, company culture, and values when conducting business,"
said Mike Speetzen, Polaris CEO. "At
Polaris, we take pride in doing business with integrity in order to
build trust with our customers, dealers, employees, suppliers, and
the communities where we do business."
Polaris has been recognized for two consecutive years as one of
Ethisphere's World's Most Ethical Companies. This year, 136
honorees were recognized spanning 20 countries and 44 industries,
and Polaris is one of only eight honorees in the Automotive
industry.
"Fostering a culture that operates with integrity and upholds
our values remains a central focus for our Ethics and Compliance
program," said Ash Mishra, Polaris Global Head of Ethics &
Compliance. "We believe every employee's actions and decisions make
a difference. As an organization, we remain committed to educating
employees and helping them understand the resources and tools
available to support them."
"It's always inspiring to recognize the World's Most Ethical
Companies®. Through the rigorous review process, we see the
dedication of these organizations to continually improving their
ethics, compliance, and governance practices to the benefit of all
stakeholders," said Erica Salmon
Byrne, Ethisphere's Chief Strategy Officer and Executive
Chair. "Companies that elevate best-in-class cultures of ethics and
integrity set a standard for corporate citizenship for their peers
and competitors to follow. Congratulations to Polaris for achieving
this honor and demonstrating that strong ethics is good
business."
More information on Polaris' Geared For Good efforts can be
found on the Geared For Good section of Polaris.com and in its most
recent Geared For Good Corporate Responsibility Report.
Ethics & Performance: The Ethics Premium
The
listed 2024 World's Most Ethical Companies® Honorees outperformed a
comparable index of global companies by 12.3 percentage points from
January 2019 to January 2024.
Methodology & Scoring
The World's Most Ethical Companies assessment is grounded in
Ethisphere's proprietary Ethics Quotient®, an extensive
questionnaire that requires companies to provide over 240 different
proof points on their culture of ethics; environmental, social, and
governance (ESG) practices; ethics and compliance program;
diversity, equity, & inclusion; and initiatives that support a
strong value chain. That data undergoes further qualitative
analysis by our panel of experts who spend thousands of hours
vetting and evaluating each year's group of applicants. This
process serves as an operating framework to capture and codify
truly best-in-class ethics and compliance practices from
organizations across industries and from around the world.
To view the full list of this year's honorees, visit the World's
Most Ethical Companies website, at
https://worldsmostethicalcompanies.com/honorees.
About Polaris
As the global leader in
powersports, Polaris Inc. (NYSE: PII) pioneers product
breakthroughs and enriching experiences and services that have
invited people to discover the joy of being outdoors since our
founding in 1954. Polaris' high-quality product line-up includes
the RANGER®, RZR®, Polaris XPEDITION®, and GENERAL™ side-by-side
off-road vehicles; Sportsman® all-terrain off-road vehicles;
military and commercial off-road vehicles; snowmobiles; Indian
Motorcycle® mid-size and heavyweight motorcycles; Slingshot®
moto-roadsters; Aixam quadricycles; Goupil electric vehicles; and
pontoon and deck boats, including industry-leading Bennington
pontoons. Polaris enhances the riding experience with a robust
portfolio of parts, garments, and accessories. Headquartered in
Minnesota, Polaris serves more
than 100 countries across the globe. www.polaris.com
About Ethisphere
Ethisphere is the global leader in
defining and advancing the standards of ethical business practices
that strengthen corporate brands, build trust in the marketplace,
and deliver business success. Ethisphere has deep expertise in
measuring and defining core ethics standards using data-driven
insights that help companies build strong cultures of ethics and
integrity. 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 Ethisphere Magazine. Ethisphere also advances business
performance through data-driven assessments, guidance, and
benchmarking against its unparalleled data: the Culture Quotient
dataset reflecting the ethical business practices of 3+ million
employees around the world; and the Ethics Quotient dataset,
featuring 240+ data points on the ethics, compliance, social, and
governance practices of the World's Most Ethical Companies. For
more information, visit https://ethisphere.com.
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SOURCE Polaris Inc.