March 14, 2023

Zoetis named one of the world's most ethical companies

Zoetis Inc. has been recognised by Ethisphere, a global leader in defining and advancing the standards of ethical business practices, as one of the 2023 World's Most Ethical Companies.

In 2023, 135 honorees were recognised, spanning 19 countries and 46 industries. Zoetis is one of three pharmaceutical companies and the only standalone animal health company included on the list.

"We are truly honored to be recognised by Ethisphere on their prestigious World's Most Ethical Companies list," said Kristin Peck, chief executive officer of Zoetis. "Our culture is firmly grounded in our Core Beliefs, which guide our achievements, actions and behaviors every day. I am especially proud of our colleagues around the world, whose uncompromising commitment to integrity is at the heart of everything we do to nurture the world and humankind by advancing animal care."

Grounded in Ethisphere's proprietary Ethics Quotient, the World's Most Ethical Companies assessment process includes more than 200 questions on culture, environmental and social practices, ethics and compliance activities, governance, diversity, and initiatives that support a strong value chain. The process serves as an operating framework to capture and codify the leading practices of organisations across industries and around the globe.

Ethisphere's 2023 Ethics Index, the collection of publicly traded companies recognised as recipients of this year's World's Most Ethical Companies designation, outperformed a comparable index of large-cap companies by 13.6 percentage points over a five-year period.

"At Zoetis, integrity is the foundation of how we operate, how we deliver our objectives and how we treat our customers, colleagues and communities," said Jeff Williams, chief compliance officer at Zoetis. "In today's dynamic marketplace, it's more important than ever for companies and leaders to put ethical conduct at the center of their business practices. We have done this at Zoetis, and I am thrilled to see us recognised by Ethisphere for our exceptional programmes that advance business integrity."

- Zoetis