Barrett-Jackson Auction Company Named To 2010 World’s Most Ethical Companies List

  • Ethisphere announces Barrett-Jackson to 2010 List of the World’s Most Ethical Companies
  • Barrett-Jackson named as one of the 100 companies Singled Out for High Ethics
  • Designation awarded for having leading ethics and compliance programs

COSTA MESA, Calif. – June 21, 2010Ethisphere has named the Barrett-Jackson Auction Company one of the most ethical companies in the world. Ethisphere, an international think-tank dedicated to the sharing and advancement of corporate social responsibility around the globe, recognizes companies who demonstrate real and sustained ethical leadership through ethics and compliance programs. Barrett-Jackson was the only auction company among the highly respected group on the 2010 World’s Most Ethical Companies List, which includes industry giants Mattel, T-Mobile, General Electric, HP, American Express, Nike and Starbucks.

“To be named on Ethisphere’s 2010 World’s Most Ethical Companies List is a proud achievement for everyone at Barrett-Jackson,” said Craig Jackson, chairman/CEO of Barrett-Jackson. “It’s rewarding to achieve this third party validation of the strength of our companies ethics and compliance programs.”

Barrett-Jackson is one of 26 new companies around the globe to be added to the 2010 list. The list includes industry leaders from the financial, automotive, aerospace and healthcare sectors, among others.

“Our team has worked hard to set the bar for ethics and transparency in the automotive auction industry and these efforts are demonstrated in each aspect of our business,” added Jackson. “For example, every car that crosses our block is sold to a verified buyer who is pre-registered and pre-qualified. We conduct each auction transaction in a fair, consistent manner and our sellers receive their proceeds in a timely manner. Ethics is the cornerstone of how we do business at Barrett-Jackson.”

Companies from across the world submitted applications to Ethisphere, which were narrowed down to a select few based on the substance of the applications. Finalists completed an in-depth questionnaire, and the winners were selected based on their answers as well as documentation and company information collected.

“It’s an exciting time for Barrett-Jackson,” said Steve Davis, president of Barrett-Jackson. “Through the efforts of everyone on our team, we created processes and standards over the years designed to ensure everything we do is fair, honest and transparent. This announcement recognizes all of these efforts. Whether someone comes to buy, sell or simply attend our great events, each auction experience will be special and will occur under the Barrett-Jackson umbrella of high ethical standards. We’re proud to continue raising the bar of excellence in our industry in a world of mistrust and non-compliance.”

Eithisphere’s announcement of Barrett-Jackson’s accolade comes on the eve of its inaugural Orange County Auction, which is scheduled for June 25-27, 2010 at the OC Fair & Events Center in Costa Mesa, Calif. This is the first year Barrett-Jackson will officially bring its world renowned automotive lifestyle event to Orange County, California. Fans can expect to see sponsor promotions and displays, vendors, exhibitors, interactive demonstrations, parties and other festivities with hundreds of vehicles crossing the block.

Combined with Scottsdale, Ariz., Palm Beach, Fla. and Las Vegas, Nevada, Orange County, California will be the Company’s fourth event added to its stable of annual signature events. These events are spaced approximately every 90 days starting with the January Scottsdale event and followed by the April Palm Beach event, June Orange County event and Fall Las Vegas event.

About The Barrett-Jackson Auction Company

The Barrett-Jackson Auction Company was established in 1971 and headquartered in Scottsdale, Ariz., Barrett-Jackson specializes in providing products and services to classic and collector car owners, astute collectors and automotive enthusiasts around the world. The company produces the “World’s Greatest Collector Car Auctions™” in Scottsdale, Palm Beach, Fla., Las Vegas, and Orange County, Cali. Barrett-Jackson also endorses a one-of-a-kind collector car insurance offering for collector vehicles and other valued belongings. For more information about Barrett-Jackson, visit www.barrett-jackson.com or call (480) 421-6694.

About Ethisphere

The research-based 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. The Institute’s associated membership group, the Ethisphere Council, is a forum for business ethics that includes over 200 leading corporations, universities and institutions. The Ethisphere Council is dedicated to the development and advancement of individuals on its membership council through increased efficiency, innovation, tools, mentoring, advice, and unique career opportunities. Ethisphere Magazine, which publishes the globally recognized World’s Most Ethical Companies Ranking™, is the quarterly publication of the Institute. More information on the Ethisphere Institute, including ranking projects and membership, can be found at http://www.ethisphere.org.

Media Contact

Automotive media contact: Jennifer Pullen, TPRM, 214.520.3430 Ext. 307, jpullen@tprm-usa.com
California/Local media contact: Kelly Reeves, KLR, 949-509-1888, kelly@klrcommunications.com

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