Monday, April 2, 2012
Total Systems Services Inc. (TSYS) was named by business think tank Ethisphere Institute as among the 2012 World's Most Ethical Companies. The recognition came at a dinner in New York City, March 15, 2012.
TSYS was honored for starting and nurturing progressive and conscientious business practices and initiatives. To qualify for the honor, TSYS' code of ethics, litigation and regulatory history, investment in innovation and sustainable business practices, and promotion of corporate citizenship were examined. Nominations from senior executives, industry peers, suppliers and customers were also reviewed.
Alex Brigham, Executive Director of the Ethisphere Institute, said, "A strong ethical foundation is a competitive advantage, and TSYS recognizes the important role corporate responsibility plays in improving its bottom line."
In addition, TSYS launched a new brand initiative highlighting the company's mission. The initiative, called People-Centered Payments, is meant to reflect TSYS' intention "to improve the lives and businesses of people." The processor said refocusing on the needs of clients and customers will give it a competitive advantage.
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