SAN FRANCISCO, CA – April 17, 2009 – For the third year in a row, Gap Inc. (NYSE: GPS) has been identified as one of the World’s Most Ethical Companies by the Ethisphere Institute.
“Gap Inc. has proven to be one of the world leaders in upholding high ethical standards, making it a true standout in its industry,” said Alex Brigham, Executive Director of the Ethisphere Institute. “The competition for the 2009 World’s Most Ethical Companies was very strong and we applaud Gap Inc. and their genuine commitment to ethical leadership and social responsibility.”
Through a rigorous, multi-step evaluation process, Ethisphere’s researchers and analysts reviewed more than 10,000 companies in order to determine the finalists.
This is the third year Ethisphere, a think-tank dedicated to the creation, advancement and sharing of best practices in business ethics, corporate social responsibility, anti-corruption and sustainability, has published the WME rankings, which appear in Ethisphere Magazine’s Q1 issue.
Gap Inc. will release its fourth Social Responsibility Report, covering the years 2007-2008, in the summer of 2009.
Additional information about Gap Inc.’s commitment to social responsibility can be found online at www.gapinc.com. For information on the Ethisphere Institute, including ranking projects and membership, visit http://www.ethisphere.org.
About Gap Inc.
Gap Inc. is a leading global specialty retailer offering clothing, accessories and personal care products for men, women, children and babies under the Gap, Banana Republic, Old Navy, Piperlime and Athleta brand names. Fiscal 2008 sales were $14.5 billion. Gap Inc. operates more than 3,100 stores in the United States, the United Kingdom, Canada, France, Japan and Ireland. In addition, Gap Inc. is expanding its international presence with franchise agreements in Asia, Europe, Latin America and the Middle East. For more information, please visit gapinc.com.