Lincoln Electric Holdings Inc. has been recognised by the Ethisphere Institute, a global leader in defining and advancing the standards of ethical business practices, as one of the 2019 World’s Most Ethical Companies®.

Lincoln Electric has been recognised for the second consecutive year and is the only honouree in the Machine Tools & Accessories industry category.

“We are honoured to receive this recognition,” said Christopher L Mapes, Chairman, President and CEO of Lincoln Electric.

“Our organisation’s guiding principle is the ‘Golden Rule’ and we are proud of our strong culture of integrity, ethics and our commitment to excellence in everything we do,” said Mapes.

In 2019, 128 honourees were recognised spanning 21 countries and 50 industries.

“Today, employees, investors and stake holders are putting their greatest trust in companies to take leadership on societal issues. Companies that take the long view with a purpose-based strategy are proven to not only outperform but last,” said Timothy Erblich, CEO of Ethisphere.

“I congratulate everyone at Lincoln Electric for earning this recognition,” said Erblich.