Trader Joe’s, Target Lauded for Business Ethics

NEW YORK — Retailers Trader Joe’s and Target, along with several packaged goods and food companies, were named to a list of the world’s “Most Ethical Companies” by the Ethisphere Institute here. The Institute is a group of companies and professional organizations dedicated to ethics, compliance and corporate governance. Its Most Ethical Companies list was devised after reviewing the companies’ codes of ethics and their litigation and regulatory infraction histories; evaluating the investment in innovation and sustainable business practices; looking at activities designed to improve corporate citizenship; studying nominations from senior executives, industry peers, suppliers and customers; and working with consumer action groups for feedback, according to the Esthisphere Institute. Along with Trader Joe’s and Target, the group honored Unilever, PepsiCo, General Mills, the Kellogg Co. and Stonyfield Farm.

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