Xerox named as one of world's most ethical companies for 12th consecutive year

Issued by Altron Document Solutions
Johannesburg, 23 Feb 2018

Xerox (NYSE: XRX) has been recognised by the Ethisphere Institute, a global leader in defining and advancing the standards of ethical business practices, as one of the 2018 World's Most Ethical Companies.

Xerox has been recognised every year since 2006 and is one of only two honourees in the information technology services industry, underscoring its commitment to leading with integrity and prioritising ethical business practices.

In 2018, 135 honourees were recognised, spanning 23 countries and 57 industries. The twelfth class of honourees had record levels of involvement with their stakeholders and their communities around the world. Measuring and improving culture, leading authentically and committing to transparency, diversity and inclusion were all priorities for honourees.

"Every decision we make and every action we take should demonstrate our unwavering commitment to ethical business conduct," said Xerox CEO Jeff Jacobson. "Our continued recognition by Ethisphere is a reflection of that promise."

"Global corporations operating with a common rule of law are now society's strongest voice to improve the human condition. This year we saw companies increasingly finding their voice. The World's Most Ethical Companies in particular continued to show exemplary leadership," explained Ethisphere CEO Timothy Erblich.

Methodology and scoring

The World's Most Ethical Companies assessment is based upon the Ethisphere Institute's Ethics Quotient framework, which offers a quantitative way to assess a company's performance in aspects of corporate governance, risk, sustainability, compliance and ethics.

Scores are generated in five key categories: ethics and compliance programme (corporate citizenship and responsibility), culture of ethics, governance and leadership, innovation and reputation. All companies that participate in the assessment process receive their scores, providing them with valuable insights into how they stack up against leading organisations.

Honourees

The full list of the 2018 World's Most Ethical Companies can be found at https://worldsmostethicalcompanies.com/honorees

Xerox

Xerox is a technology leader that innovates the way the world communicates, connects and works. It understands what's at the heart of sharing information - and all of the forms it can take. It embraces the integration of paper and digital, the increasing requirement for mobility, and the need for seamless integration between work and personal worlds. Every day, its innovative print technologies and intelligent work solutions help people communicate and work better. Discover more at www.xerox.com and follow it on Twitter at @Xerox.

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 honours superior achievement through its World's Most Ethical Companies recognition programme 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.

Bytes Document Solutions

Bytes Document Solutions (BDS) is Africa's leading document management technology and services company and the largest Xerox distributor in the world. It is the authorised Xerox distributor in 26 Sub-Saharan countries offering the complete range of Xerox document equipment, software solutions and services. BDS forms part of JSE-listed Allied Electronics Corporation (Altron).

http://bytesdocumentsolutions.co.za

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