MELVILLE, N.Y., March 20, 2012 /PRNewswire/ -- Henry Schein, Inc. (NASDAQ: HSIC), the largest provider of health care products and services to office-based dental, medical and animal health practitioners, announced today that is has been named to Ethisphere's 2012 list of World's Most Ethical Companies for the first time.
Out of more than 5,000 nominations for the World's Most Ethical Companies award this year, Henry Schein was named to the list of 145 companies for raising the bar for ethical standards within the health care industry through exemplary ethical leadership, worldwide business standards and commitment to corporate social responsibility. The Ethisphere Institute is a leading international think-tank dedicated to the creation, advancement and sharing of best practices in business ethics, corporate social responsibility, anti-corruption and sustainability. This is the sixth year that Ethisphere Institute has published the World's Most Ethical Companies list.
"A deep commitment to the highest ethical standards and business practices has been a hallmark of Henry Schein since our founding in 1932, and continues to be at the very core of our business model as we have grown to become a Fortune 500 company with operations around the globe and nearly 15,000 Team Schein Members," said Stanley M. Bergman, Chairman and Chief Executive Officer of Henry Schein, Inc. "We are very pleased to be named to Ethisphere's 2012 list of World's Most Ethical Companies in recognition of our success in implementing exceptional worldwide business standards, our strong commitment to global corporate social responsibility through Henry Schein Cares, and our dedication to meeting the obligations of the five constituencies that make up the mosaic of Henry Schein's success: our customers, supplier partners, investors, Team Schein Members, and society."
The methodology for the World's Most Ethical Companies ratings includes reviewing codes of ethics; litigation and regulatory infraction histories; evaluating the investment in innovation and sustainable business practices; looking at activities designed to improve corporate citizenship; and nominations from other senior executives, industry peers, suppliers and customers.
For more information on Ethisphere's World's Most Ethical Companies rankings, please visit http://ethisphere.com/worlds-most-ethical-companies-rankings.
About Henry Schein, Inc.
Henry Schein, Inc. (NASDAQ: HSIC) is the world's largest provider of health care products and services to office-based dental, medical and animal health practitioners. The Company also serves dental laboratories, government and institutional healthcare clinics, and other alternate care sites. A Fortune 500® Company and a member of the NASDAQ 100® Index, Henry Schein employs nearly 15,000 Team Schein Members and serves approximately 775,000 customers.
The Company offers a comprehensive selection of products and services, including value-added solutions for operating efficient practices and delivering high quality care. Henry Schein operates through a centralized and automated distribution network, with a selection of more than 90,000 national and Henry Schein private-brand products in stock, as well as more than 100,000 additional products available as special-order items. The Company also offers its customers exclusive, innovative technology solutions, including practice management software and e-commerce solutions, as well as a broad range of financial services.
Headquartered in Melville, N.Y., Henry Schein has operations or affiliates in 25 countries. The Company's sales reached a record $8.5 billion in 2011, and have grown at a compound annual rate of 18% since becoming a public company in 1995. For more information, visit the Henry Schein Web site at www.henryschein.com.
SOURCE Henry Schein, Inc.