Recognition honors companies that take the long view with a purpose-based strategy and strive to create positive change throughout their global communities.
Paychex, Inc. 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. Paychex has achieved this recognition 12 times, and consecutively since 2012.
As a leading provider of human resource, payroll, retirement, and benefit services in the United States, and with a growing presence in Europe, Paychex was founded on principles of integrity nearly 50 years ago. Today, the values-based company continues its work to advance good corporate citizenship, with a focus on four pillars of social responsibility: employees, community, ethics, and environment.
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“We’ve always led with integrity, which is a critical component of our culture and our business model. And today it’s as important as ever for companies to provide great value to their clients and shareholders while investing in their employees, communities, and the environment,” said Paychex president and CEO Martin Mucci. “We’re proud of our focused efforts in these areas, which we feel makes us a better employer, a better investment, and a better partner for our clients.”
Chief ethics officer Stephanie Schaeffer says Paychex has embarked on several initiatives over the past year that are aimed at strengthening its position as a leader in corporate responsibility. “From establishing a formal cross-functional steering committee, to enhancing our diversity and inclusion initiatives, to a project to map our carbon footprint and greenhouse gas emissions, we’re taking action on issues that matter.”
“Congratulations to everyone at Paychex for earning this recognition,” said Ethisphere’s chief executive officer, Timothy Erblich. “This is a moment to acknowledge the leaders working to advance corporate cultures defined by integrity and affirm those companies contributing to broader societal imperatives and the greater good.”
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