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    Celebrating Corporate Excellence: Introducing the 1000 Excellence Index, a Partnership with Newsweek

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    Announcing the 1000 Excellence Index

    The Best Practice Institute (BPI) has forged a new partnership with global publication Newsweek to establish the 1000 Excellence Index. This initiative is designed to celebrate corporations that achieve financial success while upholding a strong commitment to responsible and ethical business practices.

    The index is scheduled to debut online on November 15, 2023, with a subsequent release in Newsweek's print edition this winter.

    What the Index Represents

    More than a simple list, the index is a testament to corporations that have successfully integrated social responsibility, sustainability, ethical considerations, and fair financial practices into their core operations. It recognizes that the best companies align their commercial goals with ethical values, reflecting a commitment to fairness and corporate social responsibility.

    How Companies Are Evaluated

    To build the first Excellence Index, BPI analyzed hundreds of thousands of data points and created a proprietary scoring system. This system measures a wide range of factors, from profitability to ethical footprint. Key assessment criteria include:

    • Employee Rating: Perceptions of the company from its own employees.
    • Customer Rating: Customer views on the company's products, services, and ethics.
    • ESG Risk Rating & Ethical Impact: A deep analysis of environmental, social, and governance (ESG) risks and the company's ethical footprint.
    • ISO Standards Adherence: Compliance with established international standards for quality and safety.
    • R&D Spending: The level of investment in innovation and future development.
    • Global Compact Status: Alignment with United Nations principles on human rights, labor, the environment, and anti-corruption.
    • BBB Rating & Accreditation: For smaller companies, recognition of meeting Better Business Bureau standards.
    • Number of Customer Complaints: A transparent measure of a company's commitment to resolving customer issues.

    A Call for Higher Standards

    The BPI and Newsweek partnership serves as a call to action for all enterprises. It urges them to elevate their operational standards, prioritize ethical practices, and place stakeholders at the center of their business model. By celebrating these exemplary organizations, the initiative aims to redefine what "business as usual" means.

    For over two decades, BPI's core mission has been to assess and identify companies that stand out through exemplary business practices. This index is a continuation of that work, proving that commercial success does not require compromise. Corporations that take a higher road will be celebrated and emulated, inspiring a broader shift in corporate culture. '''

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    Best Practice Institute

    Best Practice Institute is the research organization behind Most Loved Workplace® certification, the SPARK Model, the Love of Workplace Index™ (LOWI™), and The Workplace Report.

    The Workplace Report

    The Workplace Report is BPI's original workplace culture research and editorial briefing series for CEOs, CHROs, people leaders, talent leaders, and employer-brand teams. It turns BPI's 25 years of research, Most Loved Workplace® certification data, SPARK findings, and current workforce signals into practical analysis leaders can use.

    The report format includes executive summaries, research-backed articles, company examples, methodology notes, and practical implications for retention, hiring, culture, leadership, and employee experience. New research and analysis is published on an ongoing editorial cadence at /workplace-report.