Institute: Hazard mitigation company among world’s most ethical

Colby Barrett
Colby Barrett
Michelle Urlacher
Michelle Urlacher

A geological hazard mitigation company with operations in Grand Junction has earned recognition for its ethical business practices.

GeoStabilization International was among the latest companies recognized by the Ethisphere Institute as the World’s Most Ethical Companies.

“We are deeply honored to receive this recognition,” said Colby Barrett, chief executive officer of GeoStabilization International. “Since our very beginning as a company of four people through our growth to more than 430 team members, we have adhered closely to our core values. These core values represent who we are and provide, without question, the standard of behavior by which we conduct our business. These principles are the heart, soul and character of GeoStabilization International.”

Michelle Urlacher, chief ethics and compliance officer at  GeoStabilization International, said the recognition reflects company culture. “Our focus has always been to bring our services to the marketplace in an ethical and honest manner. Our core values are ingrained in all we do and have become a part of our company’s daily operations.
It’s amazing to be recognized for our culture and its integration into our work.”

The Ethisphere Institute, an organization promoting ethical business practices, bases its selections on its Ethics Quotient assessment. The assessment takes into account such criteria as ethics and compliance programs, a culture of ethics, corporate citizenship and responsibility, governance, leadership and reputation.

For 2019, a total of 128 companies from 50 industries and 21 countries were recognized as the World’s Most Ethical Companies. GeoStabilization International was selected in the construction and building materials category.

GeoStabilization International provides a range of geohazard mitigation services in North America as well as Australia and New Zealand, including abutment construction, excavation shoring, landslide repair, rockfall mitigation and settlement control. Rob Barrett and Al Ruckman started the company in 2002 following careers as engineers for the Colorado Department of Transportation.