Ferrer Achieves Compliance Leader Verification™: A Testament to Excellence in Ethics and Corporate Responsibility
In a significant milestone for ethical business practices, Ferrer, a global pharmaceutical company headquartered in Barcelona, has been awarded the prestigious Compliance Leader Verification™ by Ethisphere, a leading authority in defining and advancing ethical standards in business. This recognition underscores Ferrer’s unwavering commitment to integrity, transparency, and corporate responsibility, solidifying its position as a global leader in ethical business operations.
The Compliance Leader Verification™ is widely regarded as a global benchmark of excellence in corporate ethics and compliance. It was awarded following an exhaustive evaluation process conducted by Ethisphere’s verification team. The assessment included a detailed analysis of Ferrer’s responses to the Ethics Quotient® (EQ) questionnaire, benchmarking against the World’s Most Ethical Companies®, document reviews, and interviews with leaders and team members across the organization. Ferrer’s performance was rigorously evaluated across six key areas:
- Program Resources and Structure: Demonstrating robust infrastructure and dedicated resources to support ethical practices.
- Perception of Ethical Culture: Highlighting Ferrer’s strong organizational culture rooted in transparency and accountability.
- Written Standards: Ensuring clear, comprehensive policies that guide ethical behavior.
- Training and Communication: Providing employees with the tools and knowledge to uphold ethical standards.
- Risk Assessment, Monitoring, and Auditing: Implementing proactive measures to identify and mitigate risks.
- Enforcement, Discipline, and Incentives: Maintaining a fair and consistent approach to enforcing ethical guidelines.
This rigorous process validates It’s leadership in embedding ethical practices into every aspect of its operations, going beyond mere regulatory compliance to foster a culture of integrity and accountability.
A Commitment to Social Justice Through Ethical Business Practices
For Ferrer, ethical business practices are not just about meeting legal requirements—they are deeply intertwined with the company’s mission to use business as a force for social justice. As a certified B Corporation since 2022, Ferrer has long prioritized sustainability, ethics, and integrity, reinvesting a significant portion of its profits into initiatives that give back to society.
“Its’ purpose is to fight for social justice through business,” said Meritxell Casas, Chief Legal, IP & Compliance Officer at Ferrer. “This recognition reflects our relentless commitment to the highest standards of integrity and business ethics. It also reinforces our belief that ethical practices are integral to achieving our mission of transforming lives and creating a positive impact on society.”
The award serves as a testament to Ferrer’s dedication to integrating ethics and integrity into every facet of its operations. From developing transformative solutions for life-threatening diseases to championing sustainability and transparency, Ferrer exemplifies how businesses can drive meaningful change while maintaining ethical excellence.
Industry Recognition and Global Leadership
According to Jodie Fredericksen, Senior Compliance Counsel at Ethisphere, “Its’s recognition as a Compliance Leader highlights their leadership and unwavering commitment to excellence in ethics and compliance. Their dedication to fostering a culture of transparency and accountability sets a benchmark for organizations worldwide.”
Ethisphere’s Compliance Leader Verification™ program is designed to recognize organizations that implement best-in-class practices in corporate integrity. By earning this designation, Ferrer joins an elite group of companies that prioritize ethical business practices as a cornerstone of their success. This achievement not only strengthens Ferrer’s reputation but also reinforces its role as a model for ethical leadership in the pharmaceutical industry and beyond.
About Ethisphere: Advancing Ethical Business Standards
Founded with a mission to promote ethical business practices, Ethisphere is a global leader in defining and advancing standards for corporate integrity. The organization provides data-driven assessments, proprietary software platforms, and expert guidance to help companies build trust, strengthen their brands, and achieve sustainable success.
Ethisphere’s programs include the World’s Most Ethical Companies® designation, the Business Ethics Leadership Alliance (BELA), and events like the Global Ethics Summit. Through these initiatives, Ethisphere fosters a community of organizations committed to ethical leadership and responsible business practices.
For more information about Ethisphere and its Compliance Leader Verification™ program, visit https://ethisphere.com.
Transforming Lives Through Purpose-Driven Business
Founded in 1959 in Barcelona, Ferrer has grown into a global pharmaceutical company providing transformative solutions for life-threatening diseases in over 100 countries. With a team of 1,800 professionals, Ferrer is driven by a clear conviction: business is not an end in itself but an opportunity to create meaningful change.
Its focus on pulmonary vascular diseases, interstitial lung diseases, and rare neurological disorders reflects its commitment to addressing unmet medical needs. Beyond healthcare, Ferrer’s dedication to sustainability and social justice is evident in its reinvestment of profits into initiatives that benefit society. Whether through ethical business practices or innovative healthcare solutions, Ferrer strives to make a lasting impact on the world.
“We are Ferrer. Ferrer for good,” encapsulates the company’s ethos—a steadfast commitment to using business as a force for positive change.
