Annual recognition highlights organizations that have demonstrated a commitment to business integrity through robust ethics, compliance, and governance programs
MEMPHIS, Tenn. March 4, 2024 – FedEx Corp. (NYSE: FDX), one of the world’s largest express transportation
companies, has received the 2024 World’s Most Ethical Companies® recognition by Ethisphere, a global leader in
defining and advancing the standards of ethical business practices.
FedEx is being recognized for the second consecutive year and is the only honoree in the
Transportation/Trucking/Railroad industry. In 2024, 136 honorees were recognized spanning 20 countries and 44
industries.
“This is a great honor for FedEx, and we are pleased to be among this select group of companies with exceptional
compliance programs and commitments to advancing business integrity for the second year in a row,” said Justin
Ross, Chief Compliance Officer of FedEx Corporation. “Our FedEx team members around the globe have done an
incredible job building and maintaining FedEx’s strong culture of compliance and ethics, and we are truly
appreciative of this esteemed — and hard-earned — recognition.”
“It’s always inspiring to recognize the World’s Most Ethical Companies®. Through the rigorous review process, we
see the dedication of these organizations to continually improving their ethics, compliance, and governance
practices to the benefit of all stakeholders,” said Erica Salmon Byrne, Ethisphere’s Chief Strategy Officer and
Executive Chair. “Companies that elevate best-in-class cultures of ethics and integrity set a standard for
corporate citizenship for their peers and competitors to follow. Congratulations to FedEx for achieving this
honor and demonstrating that strong ethics is good business.”
Methodology & Scoring
The World’s Most Ethical Companies assessment is grounded in Ethisphere’s
proprietary Ethics Quotient®, an extensive questionnaire that requires companies to provide over 240 different
proof points on their culture of ethics; environmental, social, and governance (ESG) practices; ethics and
compliance program; diversity, equity, & inclusion; and initiatives that support a strong value chain. That
data undergoes further qualitative analysis by our panel of experts who spend thousands of hours vetting and
evaluating each year’s group of applicants. This process serves as an operating framework to capture and codify
truly best-in-class ethics and compliance practices from organizations across industries and from around the
world.
Honorees
To view the full list of this year’s honorees, please visit the World’s Most Ethical
Companies website, at https://worldsmostethicalcompanies.com/honorees.
About FedEx Corp.
FedEx Corp. (NYSE: FDX) provides customers and businesses worldwide with a broad
portfolio of transportation, e-commerce and business services. With annual revenue of $88 billion, the company
offers integrated business solutions through operating companies competing collectively, operating
collaboratively and innovating digitally as one FedEx. Consistently ranked among the world’s most admired and
trusted employers, FedEx inspires its more than 500,000 employees to remain focused on safety, the highest
ethical and professional standards and the needs of their customers and communities. FedEx is committed to
connecting people and possibilities around the world responsibly and resourcefully, with a goal to achieve
carbon-neutral operations by 2040. To learn more, please visit fedex.com/about.
About Ethisphere
Ethisphere is the global leader in defining and advancing the standards of ethical
business practices that strengthen corporate brands, build trust in the marketplace, deliver business success.
Ethisphere has deep expertise in measuring and defining core ethics standards using data-driven insights that
help companies build strong cultures of ethics and integrity. 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 Ethisphere Magazine.
Ethisphere also advances business performance through data-driven assessments, guidance, and benchmarking
against its unparalleled data: the Culture Quotient dataset reflecting the ethical business practices of 3+
million employees around the world; and the Ethics Quotient dataset, featuring 240+ data points on the ethics,
compliance, social, and governance practices of the World’s Most Ethical Companies. For more information, visit
https://ethisphere.com.