Rezidor remains one of the World’s Most Ethical Companies

Brussels | March 16, 2011

The Rezidor Hotel Group, one of the fastest growing and most dynamic hotel companies worldwide, has been recognized as one of the World’s Most Ethical Companies for the second year in a row: Following a first award in 2010, the Ethisphere Institute (USA) has again honoured Rezidor’s real and sustained ethical leadership and has named the group as one of the 2011 World’s Most Ethical Companies.

“We are delighted to receive this prestigious award again, and we are proud that we could maintain our status as one of the World’s Most Ethical Companies”, said Kurt Ritter, President & CEO of Rezidor. “We defended our rank by further going the extra mile and by working with upright business practices which support our own success, bring benefit to the community and raise the bar for ethical standards within the industry”, continued Ritter.

Rezidor’s award-winning and group-wide Responsible Business Programme has its roots as far back as 1989. Besides the respect for social and ethical issues within the company the programme also focuses on health and safety for guests and employees as well as on a reduced negative impact on the environment. Rezidor’s ethical culture and Code of Business Ethics is introduced to each employee through the Living Responsible Business training programme. This foundation is expanded and promoted widely within Rezidor from the STAR supervisor development programme, to internal audit training and all the way up to the internal General Managers Certification Programme. It is furthermore reflected in the “Always Care” motto of the group’s Safety and Security programme, TRIC=S, which is internationally recognised as best practice for corporate security management.

This is the fifth year Ethisphere, a think-tank dedicated to the creation, advancement and sharing of best practices in business ethics, corporate social responsibility, anti-corruption and sustainability, has published the WME rankings and presented 110 companies chosen by a committee of leading attorneys, professors, government officials and organization leaders. The methodology for the WME ranking includes seven distinct categories: Corporate Citizenship and Responsibility; Corporate Governance; Innovation that Contributes to the Public Well Being; Industry leadership; Executive Leadership and Tone from the Top; Legal, Regulatory and Reputation Track Record; and Internal Systems and Ethics/Compliance Program.

A sampling of other 2011 winners includes Adidas, Timberland, Microsoft, American Express, Starbucks and UPS.

Read more about the 2011 World’s Most Ethical Companies at http://ethisphere.com/2011-worlds-most-ethical-companies/

For further information please contact:
Christiane Reiter, Director Corporate Communications
32 2 702 9331, christiane.reiter@rezidor.com
Renu Snehi, Director Corporate Communications
32 2 702 9241, renu.snehi@rezidor.com

About The Rezidor Hotel Group

The Rezidor Hotel Group is one of the fastest growing hotel companies in the world. The group features a portfolio of more than 400 hotels in operation and under development with 87,800 rooms in over 60 countries.

Rezidor operates the brands Radisson Blu Hotels & Resorts, Park Inn by Radisson and Country Inns & Suites in Europe, Middle East and Africa, along with the Club Carlson loyalty programme for frequent hotel guests. Under a worldwide licence agreement with the iconic Italian fashion house Missoni, Rezidor also operates and develops the new lifestyle brand Hotel Missoni.

In November 2006, Rezidor was listed on the Stockholm Stock Exchange. Carlson, a privately held, global hospitality and travel company, based in Minneapolis (USA), is the majority shareholder.

The Corporate office of the Rezidor Hotel Group is based in Brussels, Belgium. For more information on Rezidor, visit www.rezidor.com

About Ethisphere Institute

The research-based Ethisphere Institute is a leading international think tank dedicated to the creation, advancement and sharing of best practices in business ethics, corporate social responsibility, anti corruption and sustainability. The Institute’s associated membership group, the Ethisphere Council, is a forum for business ethics that includes over 200 leading corporations, universities and institutions. The Ethisphere Council is dedicated to the development and advancement of individuals on its membership council through increased efficiency, innovation, tools, mentoring, advice, and unique career opportunities.

Ethisphere magazine, which publishes the globally recognized World’s Most Ethical Companies Ranking™, is the quarterly publication of the Institute. More information on the Ethisphere Institute, including ranking projects and membership, can be found at www.ethisphere.com.

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