Spartanburg-based Milliken & Co. was recently named one of the world's most ethical companies for the 12th consecutive year.

Milliken, a global innovation company with textile, specialty chemical and floor covering manufacturing expertise, was recognized by the Ethisphere Institute, according to a statement from Milliken. The company has received the honor every year since its inception in 2007 and is one of only 12 companies included on the list since the first year, the statement said.

“It is an honor to be recognized by the Ethisphere Institute as a values-based company among other prestigious organizations,” Milliken & Co. President, CEO and Chairman J. Harold Chandler said in the statement. “We consider a commitment to a disciplined and consistent culture of ethics and fair play to be a competitive advantage in the global marketplace. Our 7,000 associates are grateful for the recognition extended to our company.”

Milliken was among 135 honorees recognized by Ethisphere, spanning 23 countries and 57 industries. Measuring and improving culture, leading authentically and committing to transparency, diversity and inclusion were all priorities for honorees, according to the statement.

“While the discourse around the world changed profoundly in 2017, a stronger voice emerged. Global corporations operating with a common rule of law are now society’s strongest force to improve the human condition. This year we saw companies increasingly finding their voice. The World’s Most Ethical Companies in particular continued to show exemplary leadership,” Ethisphere CEO Timothy Erblich stated. "I congratulate everyone at Milliken for being recognized as one of the World's Most Ethical Companies."

A full list of honorees is available at can be found at worldsmostethicalcompanies.com/honorees.