Latest Award Marks the Fifth Consecutive Year That Ethisphere Institute Recognizes HDS's Integrity and Leadership in Ethical Business Practices
SANTA CLARA, CA – April 15, 2015 – Hitachi Data Systems Corporation (HDS), a wholly owned subsidiary of Hitachi, Ltd. (TSE: 6501), today announced that the Ethisphere Institute has recognized it as one of the 2015 World's Most Ethical Companies. Hitachi Data Systems (HDS) has been named to the list of the World's Most Ethical Companies for the fifth consecutive year, highlighting the company's longstanding dedication to high standards of integrity and ethical business practices within its industry.
The World's Most Ethical Companies list grants the distinction to organizations that exceed industry standards in ethical behavior and to those whom the Ethisphere Institute considers to be shaping future industry standards with best practices today. Hitachi Data Systems was recognized for its continued support and promotion of ethical applications and practices.
"Every day we strive to embody the Hitachi Spirit and Values that make this organization great and receiving this award for a fifth consecutive year illustrates that we are succeeding in our mission," said David Karas, vice president, Ethics and Business Conduct, Hitachi Data Systems. "As a leader in technology around the world, we are bringing the highest levels of ethical standards into every deal and transaction. By practicing high ethical business practices, promoting a culture of inclusivity and living our values every day, we are demonstrating that a company can be successful while still being ethical."
"The 2015 list of the World's Most Ethical Companies recognized 132 best-in-class companies across more than 50 industries that are leading the conversation and setting the standard around corporate ethical behavior," said the Ethisphere Institute's Chief Executive Officer, Timothy Erblich. "Hitachi Data Systems has earned its place on the list of the World's Most Ethical Companies for five consecutive years through a dedication to best practices in compliance program development, adherence to leading governance practices, and through its focus on a strong tone from the top and robust culture of ethical conduct."
Throughout its recent transformation from an IT infrastructure provider to an information solutions company, HDS continues to uphold and promote the highest levels of integrity and ethics. The company has aligned itself to prosper with new and disruptive technologies in cloud, mobile and Big Data, and continues to execute on the Hitachi vision of Social Innovation, shaping tomorrow's best business practices with integrity and corporate citizenship at every step.
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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 and The World's Most Ethical Companies Executive Briefing. Ethisphere is also the leading provider of independent verification of corporate ethics and compliance programs. More information about Ethisphere can be found at: http://ethisphere.com.
About HDS and Hitachi, Ltd.
Hitachi Data Systems, a wholly owned subsidiary of Hitachi, Ltd., provides information technologies, services and solutions that help companies improve IT costs and agility, and innovate with information to make a difference in the world. Our products, services and solutions are trusted by the world's leading enterprises, including more than 70% of the Fortune 100 and more than 80% of the Fortune Global 100. Visit us at http://www.hds.com.
Hitachi, Ltd. (TSE: 6501), headquartered in Tokyo, Japan, delivers innovations that answer society's challenges with our talented team and proven experience in global markets. The company's consolidated revenues for fiscal 2013 (ended March 31, 2014) totaled 9,616 billion yen ($93.4 billion). Hitachi is focusing more than ever on the Social Innovation Business, which includes infrastructure systems, information & telecommunication systems, power systems, construction machinery, high functional materials & components, automotive systems, healthcare and others. For more information on Hitachi, please visit the company's website at http://www.hitachi.com.
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