High Performance Technologies, Inc. (HPTi) became the nation’s only midsized company to win the 2009 American Business Ethics Award (ABEA) yesterday. HPTi was nominated for the award, which is administered by the Foundation for Financial Service Professionals (FSP) and recognizes companies that demonstrate commitment to core values, after winning top honors in the 2008 National Capital Business Ethics Award.
In order to be considered for the honor, HPTi needed to demonstrate client commitment, employee buy-in, ethics training, refined policies, and many other attributes to prove the company’s ethical business practices. As part of its ethics program, the company ties its core values to essential business practices like performance reviews, promotions, interviews, and client satisfaction. Employees are encouraged to display the core values and hold their coworkers accountable.
“The ABEA represents a pinnacle achievement in our corporate maturity. To be recognized for conducting business at the highest level of ethical conduct is truly an honor, especially when the mistrust of corporate America seems to be at an all-time high,” said HPTi CEO Tim Keenan.
FSP CEO Joseph E. Frack said that HPTi “stood out in a field of very strong contenders.”