SAN FRANCISCO – March 20, 2014 – For the 8th year in a row, Gap Inc. (NYSE: GPS) has been recognized by the Ethisphere Institute as a 2014 World’s Most Ethical Company®.
“The entire community of World’s Most Ethical Companies believe that customers, employees, investors and regulators place a high premium on trust and that ethics and good governance are key in earning it,” said Ethisphere’s Chief Executive Officer, Timothy Erblich. “Gap Inc. joins an exclusive community committed to driving performance through leading business practices. We congratulate everyone at Gap Inc. for this extraordinary achievement.”
The award recognizes organizations that continue to raise the bar on ethical leadership and corporate behavior. To be included on this list, companies must demonstrate leadership in categories such as compliance and ethics, corporate responsibility, sustainability and governance.
“Gap Inc. is honored to again be included among the World’s Most Ethical Companies based on our commitment to grow our global business with high integrity and in a responsible way,” said Wilma Wallace, Vice President, Gap Inc. “We view this recognition from the Ethisphere Institute as another example that we are living up to our company’s promise—‘to do more than sell clothes.’”
This is the eighth year Ethisphere, an independent center of research promoting best practices in corporate ethics and governance, has published the WME rankings, which appear in Ethisphere Magazine’s March issue.
Additional information about Gap Inc.’s commitment to global integrity can be found online at http://gapinc.com/content/gapinc/html/investors/corporate_compliance.html/. The full list of the 2014 World's Most Ethical Companies can be found at http://ethisphere.com/worlds-most-ethical/wme-honorees/.
About Gap Inc.
Gap Inc. is a leading global retailer offering clothing, accessories, and personal care products for men, women, children, and babies under the Gap, Banana Republic, Old Navy, Piperlime, Athleta, and Intermix brands. Fiscal year 2013 net sales were $16.1 billion. Gap Inc. products are available for purchase in more than 90 countries worldwide through about 3,100 company-operated stores, over 350 franchise stores, and e-commerce sites. For more information, please visit www.gapinc.com.
About the Ethisphere Institute
The Ethisphere® Institute is an independent center of research, best practices and thought leadership that promotes best practices in corporate ethics and governance and enables organizations to improve compliance, 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™. More information about Ethisphere can be found at: www.ethisphere.com.