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Grupo Bimbo is the world's largest baking company — 130,000 employees, nearly 200 plants, and 13,000 products sold across 3 million points of sale worldwide. In 2026, it was named a World's Most Ethical Companies® Honoree for the 10th time, a milestone few organizations ever reach even once.
On this episode of the Ethicast, host Bill Coffin sits down with Ignacio Stepancic, Global Compliance Leader at Grupo Bimbo, for a candid conversation about what it actually takes to sustain a decade of ethical leadership. Ignacio talks about how artificial intelligence has transformed third-party due diligence, why the company treats its Code of Conduct as a living document that gets revisited every year, and how a genuine "speak-up" culture has become a recruiting and retention advantage. He closes with straight talk for any organization considering its first World's Most Ethical Companies application.
For a global organization with more than 500,000 team members, ethics and compliance cannot rely on policies alone. It takes leadership, structure, local connection,...
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