JUNO BEACH, Fla. – For the fourth straight year, FPL Group, Inc. has been named one of the World’s Most Ethical Companies by the Ethisphere Institute. According to Ethisphere, this year’s list recognizes winning companies’ “outstanding commitment to ethical leadership, compliance practices and corporate social responsibility.”
“We’re extremely pleased that our passion for integrity and ethics has been recognized every year since Ethisphere began its rankings four years ago. As a leader in governance, innovation and sustainable business practices, corporate responsibility is at the very heart of how we do business. We believe good corporate behavior goes hand in hand with good business results, and our track record demonstrates it,” said Lew Hay, chairman and CEO of FPL Group.
Ethisphere reviewed thousands of nominations from companies in more than 100 countries and dozens of industries to determine the winners. Of the 100 firms named to the World’s Most Ethical Companies list this year, only four were from the U.S. energy and utility sector. In addition, FPL Group is one of just 36 companies worldwide to receive the Ethisphere honor all four years.
The Ethisphere Institute is a think-tank dedicated to the creation, advancement and sharing of best practices in business ethics, corporate social responsibility, anti-corruption and sustainability. Other 2010 winners include American Express, General Electric, Google, Nike, Starbucks, UPS, Whole Foods Market and Xerox.
“FPL Group’s promotion of a sound ethical environment shines within its industry and shows a clear understanding that operating under the highest standards for business behavior goes beyond goodwill and ‘lip-service’ and is intimately linked to performance and profitability,” said Alex Brigham, executive director of the Ethisphere Institute. “This year’s World’s Most Ethical Companies award was more competitive than ever, because companies realize that making ethics a priority is critical amidst a tough economic environment.”
FPL Group: Energy Solutions for the Next Era
FPL Group, Inc. (NYSE: FPL) is a leading clean energy company with 2009 revenues of more than $15 billion, nearly 43,000 megawatts of generating capacity, and more than 15,000 employees in 28 states and Canada. Headquartered in Juno Beach, Fla., FPL Group’s principal subsidiaries are NextEra Energy Resources, LLC, the largest generator in North America of renewable energy from the wind and sun, and Florida Power & Light Company, which serves approximately 4.5 million customer accounts in Florida and is one of the largest rate-regulated electric utilities in the country. Through its subsidiaries, FPL Group collectively operates the third largest U.S. nuclear power generation fleet. For more information about FPL Group companies, visit these Web sites: www.FPLGroup.com, www.NextEraEnergyResources.com, www.FPL.com.