<p>Safeway Inc. has been named one of the 2014 World's Most Ethical Companies by the Ethisphere Institute, for maintaining superior business practices, according to a press release.<hr class="legacyRuler"><hr class="legacyRuler"><hr class="invisible minimal-padding">"It is an honor to be included on the prestigious WME list and to be among businesses whose principles and practices uphold the highest standards of ethics and corporate social responsibility," said Larree Renda, Safeway Executive Vice President and Chair of The Safeway Foundation. "By establishing standards that go beyond basic norms and legal requirements, Safeway and the other WME businesses foster ideals and innovations that benefit their industries and communities."<hr class="legacyRuler"><hr class="legacyRuler"><hr class="invisible minimal-padding">This is the 4th time that Safeway has been recognized by Ethisphere, and it is the 3rd consecutive year the company recieved the honor.<hr class="legacyRuler"><hr class="legacyRuler"><hr class="invisible minimal-padding">The Ethisphere Institute is an independent research center that promotes best practices in corporate ethics and compliance and enables organizations to improve governance, mitigate risk, and enhance relationships with employees, business partners, investors and the broad regulatory community. For the last eight years, it has annually selected companies from throughout the world for its prestigious WME list.<hr class="legacyRuler"><hr class="legacyRuler"><hr class="invisible minimal-padding">"In today's complex global economy, it can be increasingly challenging for companies to meet performance expectations, while addressing the varying regulatory, compliance and sustainability needs across geographies and cultures," said Tim Erblich, CEO of the Ethisphere Institute.<hr class="legacyRuler"><hr class="legacyRuler"><hr class="invisible minimal-padding">In February of this year, President Obama praised Safeway saying, "By improving the aerodynamics of its trucks, investing in larger trailers, more efficient tires, Safeway has improved its own fuel efficiency. And the results are so solid that Safeway now encourages all the companies it hires to ship its products to do the same."<hr class="legacyRuler"><hr class="legacyRuler"><hr class="invisible minimal-padding">The company is also involved in significant community outreach and philanthropic initiatives include raising and donating millions of dollars annually to benefit a range of non-profits, such as food banks, schools, cancer research centers and numerous organizations assisting people with disabilities. Collectively, those funds average $200 million annually.<hr class="legacyRuler"><hr class="legacyRuler"><hr class="invisible minimal-padding">Congratulations to Safeway on its outstanding ethical performance.<hr class="legacyRuler"><hr class="legacyRuler"><hr class="invisible minimal-padding"><a class="btn btn-sm btn-primary col-lg-12" style="white-space: normal;" href="http://www.safeway.com/IFL/Grocery/Home" target="_new"> Safeway Inc.</a></p><hr class="legacyRuler"><hr class="invisible minimal-padding">
