February 25, 2020
by Henry Schein, Inc.
Henry Schein honored for 9th consecutive year; Recognition honors companies that take the long view with a purpose-based strategy and strive to create positive change throughout their global communities.
Henry Schein, Inc. (Nasdaq: HSIC), the world’s largest provider of health care solutions to office-based dental and medical practitioners, 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.
Henry Schein has been recognized for nine consecutive years and is the only honoree in the Healthcare Products industry, further demonstrating the Company’s commitment to fulfilling its responsibilities as a corporate citizen by giving back to the professions and communities it serves. In 2020, 132 honorees were recognized spanning 21 countries and 51 industries.
“It is a tremendous honor to be recognized with like-minded companies that share Henry Schein’s belief that our success is rooted in a deeper commitment to aligning one’s strengths as a business with the needs of society,” said Stanley M. Bergman, Chairman of the Board and Chief Executive Officer of Henry Schein. “On behalf of more than 19,000 Team Schein Members around the world, I thank the Ethisphere Institute for this honor, and we congratulate our fellow honorees for their commitment to doing well by doing good.”
“Congratulations to Team Schein for nine consecutive years as one of the Ethisphere Institute’s ‘World Most Ethical Companies’,” said Ethisphere’s Chief Executive Officer, Timothy Erblich. “Henry Schein continues to prove their commitment to ethical business practices, corporate social responsibility, and advancing a corporate culture defined by integrity.”
Methodology & Scoring
Grounded in Ethisphere’s proprietary Ethics Quotient®, the World’s Most Ethical Companies assessment process includes more than 200 questions on culture, environmental and social practices, ethics and compliance activities, governance, diversity and initiatives to support a strong value chain. The process serves as an operating framework to capture and codify the leading practices of organizations across industries and around the globe. Best practices and insights from the 2020 honorees will be released in a report and webcast in March and April of this year.
All companies that participate in the assessment process receive an Analytical Scorecard providing them a holistic assessment of where their programs stand against the demanding standards of leading companies.
The full list of the 2020 World’s Most Ethical Companies can be found at https://worldsmostethicalcompanies.com/honorees.
About Henry Schein, Inc.
Henry Schein, Inc. (Nasdaq: HSIC) is a solutions company for health care professionals powered by a network of people and technology. With more than 19,000 Team Schein Members worldwide, the Company’s network of trusted advisors provides more than 1 million customers globally with more than 300 valued solutions that improve operational success and clinical outcomes. Our Business, Clinical, Technology, and Supply Chain solutions help office-based dental and medical practitioners work more efficiently so they can provide quality care more effectively. These solutions also support dental laboratories, government and institutional healthcare clinics, as well as other alternate care sites.
Henry Schein operates through a centralized and automated distribution network, with a selection of more than 120,000 branded products and Henry Schein private-brand products in stock, as well as more than 180,000 additional products available as special-order items.
A FORTUNE 500 Company and a member of the S&P 500® index, Henry Schein is headquartered in Melville, N.Y., and has operations or affiliates in 31 countries. The Company’s sales from continuing operations reached $10.0 billion in 2019, and have grown at a compound annual rate of approximately 13 percent since Henry Schein became a public company in 1995.
For more information, visit Henry Schein www.henryschein.com, Facebook.com/HenrySchein and @HenrySchein on Twitter.
About the Ethisphere Institute
The Ethisphere® Institute is the global leader in defining and advancing the standards of ethical business practices that fuel corporate character, marketplace trust and business success. Ethisphere has deep expertise in measuring and defining core ethics standards using data-driven insights that help companies enhance corporate character and measure and improve culture. Ethisphere honors superior achievement through its World’s Most Ethical Companies recognition program and provides a community of industry experts with the Business Ethics Leadership Alliance (BELA). More information about Ethisphere can be found at: https://ethisphere.com.
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