EVANSVILLE, IN (WFIE) -
The Ethisphere Institute named Old
National Bank as one of the World's Most Ethical Companies for the second
consecutive year.
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.
Copyright 2013 WFIE. All rights reserved.
