According to the Ethisphere Institute, the ranking list recognises companies that

go beyond making statements about doing business “ethically” and

actually translate those words into action.“SCA places a strong emphasis on corporate responsibility and we are

very pleased about being named one of the world’s most ethical

companies. It is recognition of all the employees’ work and how the

extensive business of the SCA Group can be managed in a responsible

manner,” says Jan Johansson, CEO of SCA.As each year passes, the competition in the Ethisphere rankings

intensifies, and 2011 was no exception. Ethisphere reviewed thousands

of companies to establish a list of 110 companies that surpassed their

industry peers in the area of responsible business. The 2011 list

features companies in 38 industries, with 43 companies headquartered

outside the United States.

The SCA corporate core values of Respect, Responsibility and Excellence, and its Code of Conduct, are the cornerstone of the Group’s business. SCA regularly evaluates its performance in meeting the standards of the Code of Conduct, and uses Business Practice Reviews to assess business ethics in the company.