March 13, 2023 Announcement Awards and Recognition

Ethisphere Names Clarios As One of the 2023 World's Most Ethical Companies®

Recognition honors companies demonstrating business integrity through best-in-class ethics, compliance, and governance practices.
World's Most Ethical Companies Ethisphere 2023

Milwaukee, Wisconsin – Clarios, based in Glendale, Wisconsin, the world’s largest manufacturer of automotive batteries, has been recognized by Ethisphere, a global leader in defining and advancing the standards of ethical business practices, as one of the 2023 World’s Most Ethical Companies.

This is the first time Clarios has been recognized and is one of only 8 honorees in the Automotive industry. In 2023, 135 honorees were recognized spanning 19 countries and 46 industries.

“Our ability to be honored for the first time as one of the World's Most Ethical companies is a direct result of the commitment of nearly 16,000 Clarios team members around the world," said Clarios President and CEO Mark Wallace. “I'm proud to lead our team as we strive to live our values, especially our value around being principled, as we do the right things in the right ways for our employees, customers, communities and the planet.”

“Ethics matters. Organizations that commit to business integrity through robust programs and practices not only elevate standards and expectations for all, but also have better long-term performance,” said Ethisphere CEO, Erica Salmon Byrne. “We continue to be inspired by the World’s Most Ethical Companies honorees and their dedication to making real impact for their stakeholders and displaying exemplary values-based leadership. Congratulations to Clarios for earning a place in the World’s Most Ethical Companies community.”

Methodology & Scoring

Grounded in Ethisphere’s proprietary Ethics Quotient®, the World’s Most Ethical Companies assessment process includes more than 200 questions on culture, environmental and social practices, ethics and compliance activities, governance, diversity, and initiatives that support a strong value chain. The process serves as an operating framework to capture and codify the leading practices of organizations across industries and around the globe.


To view the full list of this year’s honorees, please visit the World’s Most Ethical Companies website, at

About Clarios

Clarios is a world leader in advanced energy storage solutions. We partner with our aftermarket and
original equipment customers to meet increasing market demand for smarter applications, on a global
scale. Our 16,000 employees develop, manufacture, and distribute a portfolio of evolving battery
technologies for virtually every type of vehicle. Our technologies deliver uniquely sustainable, next-
generation performance, and bring reliability, safety, and comfort to everyday lives. We add value at
every link in the supply chain, ensuring that up to 99% of the materials in our batteries are recovered,
recycled, and reused, contributing to the progress of the communities we serve and the planet we all
share. Clarios is a subsidiary of Brookfield Business Partners.

About Ethisphere

Ethisphere is the global leader in defining and advancing the standards of ethical business practices that fuel corporate character, marketplace trust, and business success. Ethisphere has deep expertise in measuring and defining core ethics standards using data-driven insights that help companies enhance corporate character. Ethisphere honors superior achievement through its World’s Most Ethical Companies® recognition program, provides a community of industry experts with the Business Ethics Leadership Alliance (BELA), and showcases trends and best practices in ethics with Ethisphere Magazine. Ethisphere also helps to advance business performance through data-driven assessments, guidance, and benchmarking against its unparalleled data: the Culture Quotient dataset focused on ethical culture and featuring the responses of 2+ million employees around the world; and the Ethics Quotient dataset, featuring 200+ data points highlighting the ethics, compliance, social, and governance practices of the World’s Most Ethical Companies. For more information, visit