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Fresenius Medical Care Named to 2008 “Most Ethical Companies” List

2008-07-14 08:00:00

Fresenius Medical Care Named to 2008 “Most Ethical Companies” List

The Ethisphere Institute Recognizes Company’s

Commitment to Ethical Leadership and Corporate Social Responsibility

WALTHAM, Mass.–(EMWNews)–Fresenius Medical Care, operator of the worlds

largest provider of dialysis products and services, has been named by

The Ethisphere Institute as one of the Worlds

Most Ethical Companies in the publications

second annual list. This year, Fresenius Medical Care joins other

honorees including Kellogg, GE, Cisco, BMW, Trader Joes

and IKEA.

Responsible corporate citizenship goes hand

in hand with our UltraCare®

commitment to deliver excellent care to patients,

said Mats Wahlstrom, Co-CEO of Fresenius Medical Care North America. In

addition to our community education programs and support of national

charities, we strive to always go above and beyond regulatory mandates

and actively seek process improvements.

This recognition is a testament to all

Fresenius employees and to the diligent approach they take every day

towards their work, added Senior Vice

President and Chief Compliance Officer Todd Kerr.

The Ethisphere Institute, a think-tank dedicated to the research and

promotion of profitable best practices in global governance, business

ethics, compliance and corporate responsibility, compiled the list via

an extensive research process that included reviews of over 10,000 of

the worlds leading companies on six

continents.

Fresenius Medical Care is among the

companies honored this year because they have developed impressive and

meaningful ethical business practices, making them true standouts within

their industry, said Alexander Brigham,

executive director of Ethisphere Institute. They

go well beyond legal minimums, opting instead to bring about innovative

ideas that contribute to the public well being. By their actions, they

are forcing their competitors to follow suit or fall behind. Fresenius

truly embodies the notion that ethical business practices are more

profitable in the long run.

Ethisphere analysts reviewed codes of ethics, litigation and regulatory

infraction histories; evaluated investment in innovation and sustainable

business practices; looked at companies

activities to improve corporate citizenship; studied nominations from

senior executives, industry peers, suppliers and customers; and worked

with consumer action groups for feedback and rating. The award was

announced at a joint-conference held in June by Ethisphere and

Forbes entitled Driving Profit through

Ethical Leadership.

About Fresenius Medical Care North America

Fresenius Medical Care North America is a subsidiary of Fresenius

Medical Care AG & Co. KGaA, the world’s largest integrated provider of

products and services for individuals undergoing dialysis because of

chronic kidney failure, a condition that affects more than 1,600,000

individuals worldwide. Through its network of 2,297 dialysis clinics in

North America, Europe, Latin America, Asia-Pacific and Africa, Fresenius

Medical Care provides dialysis treatment to approximately 177,059

patients around the globe. Fresenius Medical Care is also the world’s

leading provider of dialysis products such as hemodialysis machines,

dialyzers and related disposable products. Fresenius Medical Care is

listed on the Frankfurt Stock Exchange (FME, FME3) and the New York

Stock Exchange (FMS, FMS-p).

For more information about Fresenius Medical Care’s U.S. network of more

than 1,650 dialysis facilities, visit the Company’s website at www.ultracare-dialysis.com.

For more information about Fresenius Medical Care, visit the Companys

websites: www.fmcna.com or www.fmc-ag.com.

About Ethisphere Institute

The research-based Ethisphere Institute and associated membership group,

the Ethisphere Council, are supported by more than 100 institutions and

corporations, including Thomson West, the Practising Law Institute, the

National Association of Corporate Directors, the Global Reporting

Initiative, Corpedia and dozens of others. The Institute is dedicated to

the research, creation, and sharing of best practices in ethics,

compliance, and corporate governance among its membership companies. It

also focuses on the development and advancement of individuals on its

membership council through increased efficiency, innovation, tools,

mentoring, advice, and unique career opportunities. Ethisphere

Magazine is the quarterly publication of the Institute. More

information on membership can be found at http://www.ethisphere.com.

Media contact:
Loomis Group
Jaclyn Orpen, 617-638-0022
[email protected]
or
Company

contact:
Fresenius Medical Care
Richard Fountain,

781-699-4087
[email protected]

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