Atlas Copco recognized in prestigious ethical ranking
STOCKHOLM -- March 6, 2013
Today Atlas Copco (STO:ATCOA)(STO:ATCOB) was ranked as one of the world’s most
ethical companies by Ethisphere Institute. The list, presented at the Global
Ethics Summit in New York, United States, recognizes companies that introduce
best practices in corporate ethics.
Ethics is a key element in how Atlas Copco operates. The Group has a strict
attitude and clear policy governing business practice with a comprehensive
educational program that includes, for instance, inviting suppliers to take
part in web-based ethics classes.
Atlas Copco runs an annual corruption awareness training program, which
thousands of employees took last year, and all managers in the Group confirmed
compliance with the company’s Business Code of Practice. Atlas Copco is a
signatory to the UN Global Compact, a strategic policy initiative for
businesses that are committed to aligning their operations and strategies with
ten universally accepted principles in the areas of human rights, labor,
environment and anti-corruption.
“Doing business ethically is not only the right thing to do but is how we also
develop and grow our business in a profitable way,” said Håkan Osvald, Senior
Vice President General Counsel at Atlas Copco. “We have a value-based culture
and train our employees to work and think ethically and to prioritize the
long-term results and sustainable, profitable development.”
Earlier this year, Transparency International, a global coalition against
corruption, recognized Atlas Copco’s efforts in its report on the 20 largest
Swedish companies. Atlas Copco scored a 100% rating.
To read more about the Ethisphere, see www.ethisphere.com.
Atlas Copco is an industrial group with world-leading positions in
compressors, expanders and air treatment systems, construction and mining
equipment, power tools and assembly systems. With innovative products and
services, Atlas Copco delivers solutions for sustainable productivity. The
company was founded in 1873, is based in Stockholm, Sweden, and has a global
reach spanning more than 170 countries. In 2012, Atlas Copco had 39 800
employees and revenues of BSEK90.5 (BEUR 10.5). Learn more at
This information was brought to you by Cision http://news.cision.com
Håkan Osvald, Senior Vice President General Counsel
+46 (0)8743 8995
Ola Kinnander, Media Relations Manager
46 (0)8743 8060 or 46 (0)70 347 2455
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