Special to the Tribune-Star
The Ethisphere Institute recognized Old National Bank as a 2014 World’s Most Ethical Company. Ethisphere is an independent center of research promoting best practices in corporate ethics and governance.
Old National has received the award for three consecutive years, which recognizes organizations that continue to raise the bar on ethical leadership and corporate behavior.
World’s Most Ethical Company honorees understand the correlation between ethics, reputation and daily interactions with their brand and that the award belongs as much to their associates as it does to them. Old National is one of only five companies in the banking industry honored this year and the only U.S. bank to earn the recognition.
“The entire community of World’s Most Ethical Companies believe that customers, employees, investors and regulators place a high premium on trust and that ethics and good governance are key in earning it,” said Timothy Erblich, Ethisphere’s CEO.
The World’s Most Ethical Company assessment is based on the Ethisphere Institute’s Ethics Quotient framework, an effort to provide a means to assess an organization’s performance in an objective, consistent and standardized way. The information collected provides a comprehensive sampling of definitive criteria of core competencies, rather than all aspects of corporate governance, risk, sustainability, compliance and ethics.
Scores are generated in five key categories: ethics and compliance program (25 percent), reputation, leadership and innovation (20 percent), governance (10 percent), corporate citizenship and responsibility (25 percent) and culture of ethics (20 percent).
The full list of the 2014 World’s Most Ethical Companies can be found at ethisphere.com/worlds-most-