Ramanathan Raghunathan, Vice President and Global Head of Governance, Risk, and Compliance, UST.

Leading AI and technology transformation solutions company UST has been recognised as one of the World’s Most Ethical Companies by Ethisphere, a global leader in defining and advancing the standards of ethical business practices. 

UST is one of just six software companies worldwide to be recognised by Ethisphere in 2026 and is the onlyprivately held software company to figure on the ‘exclusive elite list,’ a UST spokesperson said.  

Fostering ethics

Ethisphere honours organisations that exemplify ethical business conduct by implementing comprehensive programmes generating positive outcomes for employees, communities, and stakeholders while also fostering sustainable, long-term business growth. UST was commended for demonstrating that it has policies in place to foster a strong culture of ethics based on integrity, ethical governance, and responsible business practices.

Rigorous assessment

Ethisphere engages a rigorous assessment of applicants based on its Ethisphere Ethics Quotient. They are evaluated using more than 240 data points across a number of categories including culture, ESG, compliance, and governance. This undergoes further qualitative analysis by a panel of experts. In 2026, 138 companies from 17 countries were recognised by Ethisphere, the UST spokesperson added.

Empowering employees

Colleen Doherty, Chief People Officer, UST, said it is an honour to be named one of the World’s Most Ethical Companies since it speaks to the strength of UST’s people, culture, and values. “It underscores the effectiveness of our efforts to empower employees to responsibly bridge technology and AI innovation while driving real outcomes for our clients, she added. “Trust, transparency, and accountability are foundational to our work.” 

Sustainable growth

Ramanathan Raghunathan, Vice President and Global Head of Governance, Risk, and Compliance, UST, said the acclaim highlights UST’s strong commitment to governance, ethics, and integrity as core drivers of sustainable growth, going well beyond compliance to embed these principles across all aspects of our business. 

“Notably, UST has voluntarily benchmarked itself against global public companies and stands as the only private software company worldwide to receive this honour. Trust remains central to everything we do from client delivery to leadership decisions,” he added. 

Raising the bar

Erica Salmon Byrne, Chief Strategy Officer and Executive Chair, Ethisphere, congratulated UST on the fete. “As we mark the 20th class of honourees, this group continues to raise the bar for business integrity by embedding ethics into everyday decision-making and long-term strategy. UST’s status as the only private software company among this year’s honourees highlights the strength of its commitment to ethics, compliance, and governance as drivers of long-term performance,” she added. 

Published on July 3, 2026