The Ethisphere Institute named Old
National Bank as one of the World's Most Ethical Companies for the second
The 2013 recipients will be honored tonight in New York City as part of the annual Global Ethics Summit.
Old National was the only United States company in the Banking category to receive this honor and one of only 14 companies to have also earned the Ethics Inside Certification.
Ethics Inside is the only independent verification of a company's ethics and compliance program and practices.
The World's Most Ethical Companies recognize organizations that show leadership in promoting ethical business standards. These companies go beyond making statements about doing business "ethically" and translate those words into action, introducing innovative ideas to benefit the public and compelling their competitors to follow suit.
"Not only did more companies apply for the World's Most Ethical Companies recognition this year than any year in the past, which demonstrates that ethical activity is an important part of many of these companies' business models, but we are also seeing more companies be proactive and create new initiatives that expand ethics programs and cultures across entire industries, such as industry-based ethics associations and other activities," said Alex Brigham, Executive Director of Ethisphere. "We are excited to see the 2013 World's Most Ethical Companies take these leadership positions, and embrace the correlation between ethical behavior and improved financial performance."
"We are honored and humbled to receive this prestigious recognition for the second time," said Bob Jones, President and CEO of Old National Bank. "It is a testament to our associates and our company commitment to maintaining the highest standards in business ethics and risk management."
Through in-depth research and a multi-step analysis, Ethisphere reviewed nominations from companies in more than 100 countries and 36 industries. The methodology for the World's Most Ethical Companies includes reviewing codes of ethics, litigation and regulatory infraction histories; evaluating the investment in innovation and sustainable business practices; looking at activities designed to improve corporate citizenship; and studying nominations from senior executives, industry peers, suppliers and customers.
Read about the methodology and view the complete list of the 2013 World's Most Ethical Companies at http://ethisphere.com/wme. The World's Most Ethical Companies list will also be featured in the 2013 Quarter 1 issue of Ethisphere Magazine.
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