Cooper Standard (NYSE:CPS) recently announced the Company has been recognized by Ethisphere, a global leader in defining and advancing the standards of ethical business practices, as one of the 2020 World's Most Ethical Companies.
This is the first year Novi-based Cooper Standard has been recognized and is one of four honorees in the automotive industry. This year, 132 honorees were recognized spanning 21 countries and 51 industries.
"At Cooper Standard, values are more than words that hang on the wall," said Jeffrey Edwards, chairman and CEO, Cooper Standard. "We hold ourselves to a high standard and this honor is a great testament of our values, culture and employees who are dedicated to conducting responsible business at all levels of the company."
"We are honored to be recognized for our efforts to implement world-class ethics and compliance processes that influence all aspects of our business and impact all of our stakeholders," said Joanna Totsky, senior vice president, chief legal officer and secretary, Cooper Standard. "Our commitment to environmental, social and governance priorities play an important role in the Company's culture and strategy."
"Congratulations to everyone at Cooper Standard for earning this recognition," said Ethisphere CEO Timothy Erblich. "Ethics are truly a company-wide effort and this is a moment to acknowledge Cooper Standard's culture that clearly places a high value on ethics and integrity, and affirms the Company's contributions to the greater good."