COLUMBUS, Ga.--(BUSINESS WIRE)--TSYS (NYSE: TSS) announced today that it has been recognized by the Ethisphere® Institute, a global leader in defining and advancing the standards of ethical business practices, as a 2016 World’s Most Ethical Company®.
This marks the tenth anniversary of the founding of Ethisphere and the World’s Most Ethical Companies designation. This is the fourth time in the last five years that TSYS has been recognized in this regard, which underscores its commitment to leading ethical business standards and practices.
“Earning this prestigious designation as one of the World’s Most Ethical Companies further distinguishes us and delineates our commitment to act with trust and integrity – attributes that are highly regarded by our customers, our vendors and partners, as well as our shareholders,” said M. Troy Woods, chairman, president and chief executive officer, TSYS. “This is a testament to the fact that we do business in a way that’s transparent, respectful and fair.”
“Companies rely on Ethisphere to continually raise and measure the standards of corporate behavior. Those that demonstrate leadership in areas like citizenship, integrity and transparency create more value for their investors, communities, customers and employees — solidifying a sustainable business advantage,” said Timothy Erblich, chief executive officer, Ethisphere. “Congratulations to everyone at TSYS for being recognized again as a World’s Most Ethical Company.”
The World’s Most Ethical Company assessment is based upon the Ethisphere Institute’s Ethics QuotientTM framework developed over years of research to provide a means to assess an organization’s performance in an objective, consistent and standardized way. Scores are generated in five categories: ethics and compliance, corporate citizenship and responsibility, culture of ethics, governance and leadership, innovation, and reputation.
The complete list of the 2016 World’s Most Ethical Companies can be found at http://worldsmostethicalcompanies.ethisphere.com/honorees/.
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.
At TSYS® (NYSE: TSS), we believe payments should revolve around people, not the other way around. We call this belief People-Centered Payments®. By putting people at the center of every decision we make, TSYS supports financial institutions, businesses and governments in more than 80 countries. Through NetSpend®, A TSYS Company, we empower consumers with the convenience, security, and freedom to be self-banked. TSYS offers issuer services and merchant payment acceptance for credit, debit, prepaid, healthcare and business solutions.
TSYS’ headquarters are located in Columbus, Ga., U.S.A., with local offices spread across the Americas, EMEA and Asia-Pacific. TSYS is a member of The Civic 50 and was named one of the 2015 World's Most Ethical Companies by Ethisphere magazine. TSYS routinely posts all important information on its website. For more, visit us at www.tsys.com.