Wegmans Food Markets, Inc. (US) has been recognized as one of the World's Most Ethical Companies by Ethisphere Magazine, a national publication that explores the correlation between ethics and profit.

"This list...recognizes the importance of values," said Wegmans CEO Danny Wegman. "Caring, respect, empowerment, high standards, and making a difference in the community are values that we try to live every day at Wegmans."

The publication's editors selected 92 companies from several thousand organizations analyzed over a six-month period. "This was a rigorous process that identified a select group of companies that were unequalled in their industries for their commitment to ethical leadership and corporate social responsibility," noted Ethisphere Magazine executive editor Alex Brigham.

The selection process included reviewing company codes of ethics, litigation, and regulatory infraction histories; evaluating their investment in innovation and sustainable business practices; looking at company activities to enhance corporate citizenship; considering nominations from senior executives, industry peers, suppliers, and customers; and working with consumer action groups for feedback and rating.

Other retailers listed include Aldi, Marks & Spencer, and Whole Foods, as well as Barilla and Danone, in the Food & Beverage category. The complete list is available at www.ethisphere.com.