HDS Recognized by the Ethisphere Institute for Demonstrated Leadership in Ethical Business Practices and Integrity
SANTA CLARA, Calif.— March 21, 2014 — Hitachi Data Systems Corporation (HDS), a wholly owned subsidiary of Hitachi, Ltd. (TSE: 6501), today announced that the Ethisphere Institute has recognized it as one of the 2014 World's Most Ethical Companies. Hitachi Data Systems (HDS) has been named to the list of the World's Most Ethical Companies 4 consecutive years, highlighting the company's ongoing commitment to implementing high standards of integrity and ethical business practices within its organization.
The World's Most Ethical Companies list grants the distinction to organizations that exceed industry standards in ethical behavior and to those whom the Ethisphere Institute considers to be shaping the future industry standards with best practices today. Hitachi Data Systems was recognized for its continued support and promotion of ethical applications and practices.
"Hitachi Data Systems is honored to receive this prestigious award by the Ethisphere Institute for the 4th year in a row," said David Karas, vice president, Ethics and Business Conduct, HDS. "Practicing high ethical business standards, implementing strong corporate governance methods, and promoting a culture of ethics are part of our mission to be responsible corporate citizens. Being acknowledged as a leader with this award demonstrates that HDS is fulfilling this mission and is dedicated to continuing to improve current business standards within our own company, and acting as a model for those who want to pursue this same position."
"This year's honorees represent 22 countries spread over 5 continents, displaying the passion that exists today in the global business community to achieve higher levels of business ethics and integrity," said the Ethisphere Institute's Chief Executive Officer, Timothy Erblich. "Through exceptional business practices, continued innovation in compliance program development, strong tone from the top, and a reputation for being a leader in corporate responsibility, HDS demonstrated itself again as a leader and we are excited to recognize the company's embrace of these values."
As HDS completes its transformation from an IT infrastructure provider to an information solutions company, it continues to uphold and promote the highest levels of integrity and ethics. The company is aligning itself to prosper with new and disruptive technologies in the areas of cloud, mobile and Big Data, and will continue to execute on the Hitachi vision of Social Innovation, shaping tomorrow's best business practices with integrity and corporate citizenship at every step.
About Ethisphere World's Most Ethical Companies: The Ethisphere® Institute is an independent center of research, best practices and thought leadership that promotes best practices in corporate ethics and compliance and enables organizations to improve governance, mitigate risk, and enhance relationships with employees, business partners, investors and the broad regulatory community. Ethisphere evaluates and benchmarks compliance and governance programs, honors superior achievement through its World's Most Ethical Companies® recognition program, and publishes Ethisphere Magazine. Ethisphere is also the leading provider of independent verification of corporate ethics and compliance programs that include: Ethics Inside® Certification, Compliance Leader Verification™ and Anti-Corruption Program Verification™. Learn more at: http://ethisphere.com/.
About Hitachi Data Systems Hitachi Data Systems provides information technologies, services and solutions that help companies improve IT costs and agility, and innovate with information to make a difference in the world. Our customers gain compelling return on investment (ROI), unmatched return on assets (ROA), and demonstrable business impact. With approximately 6,300 employees worldwide, Hitachi Data Systems does business in more than 100 countries and regions. Our products, services and solutions are trusted by the world's leading enterprises, including more than 70% of the Fortune 100 and more than 80% of the Fortune Global 100. Visit us at http://www.hds.com.
About Hitachi, Ltd. Hitachi, Ltd. (TSE: 6501), headquartered in Tokyo, Japan, is a leading global electronics company with approximately 320,000 employees worldwide. Fiscal 2011 (ended March 31, 2012) consolidated revenues totaled 9,665 billion yen ($117.8 billion). Hitachi is focusing more than ever on the Social Innovation Business, which includes information and telecommunication systems, power systems, industrial, transportation and urban development systems, as well as the sophisticated materials and key devices that support them. For more information on Hitachi, please visit the company's website at http://www.hitachi.com.