NAPERVILLE, Ill., March 15, 2012 /PRNewswire/ -- OfficeMax®
Incorporated (NYSE:OMX), a leader in office supplies, technology
and services, today was named one of 2012's World's Most Ethical
Companies by the Ethisphere Institute, a leading international
think-tank dedicated to the creation, advancement and sharing of
best practices in business ethics, corporate social responsibility,
anti-corruption and sustainability. Separately, OfficeMax also was
honored with the Ethics Inside® Certification (EIC), designated
after a rigorous review process also by the Ethisphere
Institute.
OfficeMax is one of roughly 140 companies to be named to the
2012 World's Most Ethical Companies list. It is also one of
only two retail companies – and the only company in the office
supply industry – to receive the EIC designation.
"OfficeMax is recognized as one of the ethical leaders in the
retail industry," said Robert
Leffel, director of Compliance Advisory Services for
Corpedia, a licensed Ethisphere Institute credentialing partner.
"Highly noteworthy and commendable are OfficeMax's organizational
commitment to ethics, integrity and sustainable business practices,
evidenced by a strong tone at the top, robust code of conduct and a
good compliance program to match. OfficeMax has a well-developed
environmental and social responsibility strategy, with excellent
sustainability reporting, setting a great example of both depth and
transparency."
In bestowing OfficeMax with both ethics honors the Ethisphere
Institute also noted the company's in-store recycling programs,
focus on sustainable product sourcing, its social accountability
audit of suppliers, and its A Day Made Better program
benefitting public schools.
"At OfficeMax, one of our most absolute values is
integrity. It is the backbone of our relationships and the
basis on which we make business decisions," said Ravi Saligram, President and CEO of
OfficeMax. "I am proud of this recognition which reflects the
dedication of our 29,000 associates worldwide who bring this value
to life each day through their commitment to ethical conduct and
social responsibility."
2012 World's Most Ethical Companies
Through in-depth research and a multi-step analysis,
Ethisphere reviewed nominations from companies in more than 100
countries and 36 industries. The methodology for the World's
Most Ethical Companies includes reviewing codes of ethics,
litigation and regulatory infraction histories; evaluating the
investment in innovation and sustainable business practices;
looking at activities designed to improve corporate citizenship;
and studying nominations from senior executives, industry peers,
suppliers and customers.
"Each year the competition for World's Most Ethical
Companies intensifies as the number of nominations submitted
for consideration grows," said Alex
Brigham, executive director of Ethisphere. "This year's
winners know that a strong ethics program is a key component to a
successful business model, and they continue to scrutinize their
ethical standards to keep up with an ever-changing regulatory
environment."
Ethics Inside® Certification
OfficeMax received the EIC designation for 2012-2013 based
on the Ethisphere Institute's review of OfficeMax's ethics and
compliance program, culture of ethics, reputation and leadership,
corporate citizenship and responsibility initiatives, and
governance systems.
About OfficeMax
OfficeMax Incorporated (NYSE: OMX) is a leader in both
business-to-business office products solutions and retail office
products. The OfficeMax mission is simple. We help our
customers do their best work. The company provides office
supplies and paper, in-store print and document services through
OfficeMax ImPress®, technology products and solutions, and
furniture to businesses and individual consumers. OfficeMax
customers are served by approximately 29,000 associates through
direct sales, catalogs, e-commerce and nearly 1,000 stores.
Since 2007, OfficeMax Goodworks programs have served communities
and schools, contributing more than $14
million in grants and supplies to support teachers and
classrooms. To find the nearest OfficeMax, call
1-877-OFFICEMAX. For more information, visit
www.officemax.com.
About Ethisphere Institute
The research-based Ethisphere® Institute is a leading
international think-tank dedicated to the creation, advancement and
sharing of best practices in business ethics, corporate social
responsibility, anti-corruption and sustainability.
Ethisphere Magazine, which publishes the globally recognized
World's Most Ethical Companies Ranking™, is the quarterly
publication of the Institute. Ethisphere provides the only
third-party verifications of compliance programs and ethical
cultures that include: Ethics Inside® Certification, Compliance
Leader Verification™ and Anti-Corruption Program Verification™. The
Institute's premier membership group, the Business Ethics
Leadership Alliance™, is a business ethics forum that includes more
than 100 leading corporations, universities and institutions that
collectively leverage their experience, expertise and innovative
ways to address emerging compliance challenges. More information on
the Ethisphere Institute, including ranking projects and
membership, can be found at http://www.ethisphere.com.
All trademarks, service marks and trade names of OfficeMax
Incorporated used herein are trademarks or registered trademarks of
OfficeMax Incorporated. Any other product or company names
mentioned herein are the trademarks of their respective
owners.
OfficeMax Media
Contact
Nicole
Miller
630.864.6069
SOURCE OfficeMax Incorporated