TI named one of 'World's Most Ethical Companies' again in 2010

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Mar 24, 2010, 07:32 ET

DALLAS, March 24 /PRNewswire/ -- Texas Instruments (TI) Incorporated has been recognized as one of the world's most ethical companies by the Ethisphere Institute, out of a record number of nominees . TI has been included on the list for three consecutive years.

The "World's Most Ethical Companies" (WME) list is developed annually by Ethisphere Institute, a New York-based think tank dedicated to the creation, advancement and sharing of best practices in business ethics, corporate social responsibility, anti-corruption and sustainability. Through in-depth research and a multi-step analysis, Ethisphere reviewed thousands of nominations from companies in over 100 countries and 36 industries in order to determine the 100 winners in various categories. TI is one of only two firms named in the category "Electronics and Semiconductors". The WME rankings will appear in Ethisphere Magazine's first-quarter issue.

"We are thrilled to be recognized once again for our commitment to operating with integrity and care for employees, our neighboring communities and the world," said David Reid, TI Vice President and Director of Ethics. "TI's continued inclusion on the list in an increasingly competitive environment is evidence of the dedication of each and every employee to help TI operate as a responsible corporate citizen."

TI provides a detailed annual report of its ethics and citizenship activities on the company's website at www.ti.com/csr. The comprehensive report is used by a variety of stakeholders to understand TI's social and environmental performance, as well as associated risks and opportunities.

The methodology for the WME ranking includes review of codes of ethics, litigation and regulatory infraction histories; evaluating the investment in innovation and sustainable business practices; an analysis of activities designed to improve corporate citizenship; and review of nominations from senior executives, industry peers, suppliers and customers.

More information on the WME methodology as well as the complete list of the 2010 World's Most Ethical Companies can be viewed at http://ethisphere.com/wme-2010.

About Texas Instruments

Texas Instruments (NYSE: TXN) helps customers solve problems and develop new electronics that make the world smarter, healthier, safer, greener and more fun. A global semiconductor company, TI innovates through design, sales and manufacturing operations in more than 30 countries. For more information, go to www.ti.com.

About Ethisphere Institute

The research-based Ethisphere Institute is a leading international think tank dedicated to the creation, advancement and sharing of best practices in business ethics, corporate social responsibility, anti corruption and sustainability. The Institute's associated membership group, the Ethisphere Council, is a forum for business ethics that includes over 200 leading corporations, universities and institutions. The Ethisphere Council is dedicated to the development and advancement of individuals on its membership council through increased efficiency, innovation, tools, mentoring, advice, and unique career opportunities. Ethisphere magazine, which publishes the globally recognized World's Most Ethical Companies Ranking™, is the quarterly publication of the Institute. More information on the Ethisphere Institute, including ranking projects and membership, can be found at www.ethisphere.com.

SOURCE Texas Instruments