By Eileen Houlihan, senior writer/editor, ARTBA

The Scottsdale, Arizona-based Ethisphere Institute named seven ARTBA member companies to its 2016 list of the “World’s Most Ethical Companies” for their high standards of ethical business practices. The list, now in its 10th year, includes 131 honorees from 21 countries, representing 45 industries.

ARTBA congratulates its members, Granite Construction, 3M, CH2M, Fluor Corporation, Parsons Corporation, Kennametal Inc., and John Deere’s Construction & Forestry parent Deere & Company for the honors. “The World’s Most Ethical Companies program honors those that excel in three areas – promoting ethical business standards and practices internally, enabling managers and employees to make good choices, and shaping future industry standards by introducing tomorrow’s best practices today,” according to the company’s website.

Honorees have historically out-performed others financially, demonstrating the connection between good ethical practices and performance in the marketplace, the Institute said.