Joining BELA further underscores our commitment to strengthen our culture of integrity and compliance, which is the foundation of our business, said Jeannie Henry, Hertz Vice President and Chief Compliance Officer. Every employee at Hertz has a shared responsibility to act with integrity and make ethical decisions. Having the right tools and resources will help us ensure that all employees are making the right decisions no matter what their position is within the company.
Research—including Ethisphere's—shows how organizations with a strong ethical culture regularly outperform their peers. We refer to this as an ethics premium, said Erica Salmon-Byrne, Executive Vice President, Data and Services and Chair, BELA. This underscores the value of prioritizing a strong, innovative ethics program in an ever-changing business ecosystem. To that end, we are proud to partner with our members to develop new platforms that will help raise the ethical standards at companies in the region and globally.
Founded by the Ethisphere Institute, the Business Ethics Leadership Alliance (BELA) is a globally recognized organization of leading companies collaborating together to share best practices in governance, risk management, compliance and ethics. BELA's membership has since grown to a large community of companies who recognize the inherent value of promoting ethical leadership and world-class compliance culture. Learn more about BELA by visiting https//bela.ethisphere.com/.