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A ranking of the ethics and compliance programs of federal government contractors lists Springdale, Ark.-based Tyson Foods, Inc. among the best. The Ethisphere Institute, a national organization dedicated to ethics in business, ranked Tyson's ethics and compliance program as "above standard" and 21st in a listing of the "Best Ethics Programs Overall." Tyson was also second among food companies listed.
Researchers from the Institute analyzed 1,000 federal government contractors as part of the 2008 ratings, which were based on an objective analysis of four categories: code of ethics and business conduct; leadership and tone from the top; internal control systems; ethics training and communication programs.
Tyson's program includes annual ethics and code of conduct training, as well as a corporate compliance department responsible for helping team members deal with the challenges of doing business the right way. This includes providing a toll-free ethics help line as a confidential way for team members to ask about ethical business matters or to report suspected misconduct without fear of retaliation. Tyson's efforts to operate responsibly also include the company's core values and team member bill of rights.
For a complete listing of the government contractors ratings by Ethisphere Magazine, go to www.ethisphere.com.