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Annual recognition honors organizations committed to business integrity through robust ethics, compliance, and governance programs
CALGARY, AB, March 11, 2025 /CNW/ - Frontera Energy Corporation (TSX: FEC) ("Frontera" or the "Company") has received the 2025 World's Most Ethical Companies® recognition by Ethisphere, a global leader in defining and advancing the standards of ethical business practices.
Frontera has been recognized for the fifth time since 2021 and is one of only two honorees in the Oil & Gas industry. In 2025, 136 honorees were recognized spanning 19 countries and 44 industries.
Orlando Cabrales, Chief Executive Officer, Frontera commented:
"I am very proud of the hard work and commitment made by our employees, management and board to conduct business in a safe, ethical and socially responsible manner, it is because of our collective efforts that we have been proudly recognized as a World's Most Ethical Companies® Honoree for 5 consecutive years."
Ana Lucía Goyes, Chief Ethics and Compliance Officer, Frontera commented:
"We are deeply honored to be recognized as one of the World's Most Ethical Companies for the fifth consecutive year. This accolade reflects our unwavering commitment to integrity, transparency, and ethical business practices. At Frontera, we believe that doing the right thing is a core value that drives our success, and fosters trust with our stakeholders."
Erica Salmon Byrne, Ethisphere's Chief Strategy Officer and Executive Chair said:
"Congratulations to Frontera for achieving recognition as one of the World's Most Ethical Companies®. Behind this honor is a true dedication and a commitment to advancing business integrity. This approach is good for business – employees and other stakeholders value companies that prioritize the kinds of practices we measure with our process."
Ethics & Performance: The Ethics Premium
The listed 2025 World's Most Ethical Companies® Honorees outperformed a comparable index of global companies by 7.8 percentage points from January 2020 to January 2025.
Methodology & Scoring
The World's Most Ethical Companies assessment is grounded in Ethisphere's proprietary Ethics Quotient®, which requires companies to provide 240+ different proof points on practices that support robust ethics and compliance; governance; a culture of ethics; environmental and social impact; and initiatives that support a strong value chain. That data undergoes further qualitative analysis by our panel of experts who spend thousands of hours vetting and evaluating each year's group of applicants. This process serves as an operating framework to capture and codify best-in-class ethics and compliance practices from organizations across industries and from around the world.