Realogy Named One Of The 2019 World's Most Ethical Companies® By Ethisphere For The 8th Time
Recognition honors those companies who acknowledge their critical role to influence and drive positive change in the business community and societies around the world.
MADISON, N.J., Feb. 26, 2019 /PRNewswire/ -- Realogy Holdings Corp. (NYSE: RLGY), a leading provider of residential real estate services, has been recognized by the Ethisphere Institute, a global leader in defining and advancing the standards of ethical business practices, as one of the 2019 World's Most Ethical Companies®.
This is the eighth consecutive year in which Realogy has been recognized, underscoring its continuing commitment to leading with integrity and prioritizing ethical business practices. Realogy is one of 128 companies honored by Ethisphere this year, and one of only 4 honorees in the Real Estate Industry. In 2019, 128 honorees were recognized spanning 21 countries and 50 industries. The thirteenth class of honorees profoundly illustrate how companies continue to be the driving force for improving communities, building capable and empowered workforces, and fostering corporate cultures focused on ethics and a strong sense of purpose
"Realogy is honored to be recognized for the eighth consecutive year as one of the World's Most Ethical Companies," said Ryan Schneider, Realogy chief executive officer and president. "I am proud that Realogy is included alongside other global leaders who, like us, place great importance on driving positive change within our businesses and our communities. Even more, I am incredibly proud to work with the talented people here at Realogy who every day uphold our values of integrity, excellence and respect as we serve affiliated agents, franchise owners, and business partners."
John Brennan, Realogy chief ethics and compliance officer, added: "Our business is all about building strong communities through the power of homeownership, one transaction, one home at a time. This recognition honors the hard work and contributions of our team members in serving communities around the world with integrity. I am extremely impressed and proud of the work we do every day to maintain our standing as one of the World's Most Ethical Companies."
"Today, employees, investors and stakeholders are putting their greatest trust in companies to take leadership on societal issues. Companies that take the long view with a purpose-based strategy are proven to not only outperform but last," said Ethisphere's Chief Executive Officer, Timothy Erblich. "I congratulate everyone at Realogy for earning this recognition."
Methodology & Scoring
The World's Most Ethical Companies assessment is based upon the Ethisphere Institute's Ethics Quotient® (EQ) framework, which offers a quantitative way to assess a company's performance in an objective, consistent and standardized manner. The information collected provides a comprehensive sampling of definitive criteria of core competencies rather than all aspects of corporate governance, risk, sustainability, compliance and ethics.
Scores are generated in five key categories: ethics and compliance program (35 percent), culture of ethics (20 percent), corporate citizenship and responsibility (20 percent), governance (15 percent) and leadership and reputation (10 percent). All companies that participate in the assessment process receive their scores, providing them with valuable insights into how they stack up against leading organizations.
The full list of the 2019 World's Most Ethical Companies can be found at https://worldsmostethicalcompanies.com/honorees.
Best practices and insights from the 2019 honorees will be released in a report and webcast in March and April of this year. Sign up to receive the report.
About Realogy Holdings Corp.
Realogy Holdings Corp. (NYSE: RLGY) is the leading and most integrated provider of residential real estate services in the U.S. that is focused on empowering independent sales agents to best serve today's consumers. Realogy delivers its services through its well-known industry brands including Better Homes and Gardens® Real Estate, CENTURY 21®, Climb Real Estate®, Coldwell Banker®, Coldwell Banker Commercial®, Corcoran Group®, ERA®, Sotheby's International Realty® as well as NRT, Cartus®, Title Resource Group and ZapLabs®, an in-house innovation and technology development lab. Realogy's fully integrated business model includes brokerage, franchising, relocation, mortgage, and title and settlement services. Realogy provides independent sales agents access to leading technology, best-in-class marketing and learning programs, and support services to help them become more productive and build stronger businesses. Realogy's affiliated brokerages operate around the world with approximately 193,600 independent sales agents in the United States and approximately 106,400 independent sales agents in 112 other countries and territories. Realogy is headquartered in Madison, New Jersey.
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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