EVANSVILLE — Old National Bank has been recognized by Ethisphere, a leader in defining and advancing the standards of ethical business practices, as one of the 2021 World’s Most Ethical Companies.
ONB has been recognized for 10 consecutive years and is one of only five honorees in the banking industry.
In 2021, 135 honorees were recognized spanning 22 countries and 47 industries.
“The honor of being recognized as one of the World’s Most Ethical Companies for the 10th consecutive year is an exceptional milestone,” said Jim Ryan, Old National Chairman & CEO. “High ethical standards are the foundation of our culture at Old National, and it is a testament to our team members who are committed to act with integrity and transparency as they diligently serve our clients and communities every day.”
“While addressing the tough challenges of 2020, we saw companies lead — above all other institutions — on earning the trust of stakeholders through resilience and a commitment to ethics and integrity,” said Ethisphere CEO Timothy Erblich. “The World’s Most Ethical Companies honorees continue to demonstrate an unwavering commitment to the highest values and positively impacting the communities they serve. Congratulations to everyone at Old National for earning the World’s Most Ethical Companies designation.”
According to Ethisphere’s Ethics Index, the publicly listed 2021 World’s Most Ethical Companies honorees outperformed a comparable index of large cap companies by 7.1 percentage points from January 2016 to January 2021.
The assessment process includes more than 200 questions on culture, environmental and social practices, ethics and compliance activities, governance, diversity and initiatives to support a strong value chain.
This year, the process was streamlined and question set expanded to gauge how applicants are adapting and responding to the global health pandemic, environmental, social, and governance factors, safety, equity, and inclusion and social justice.
The full list can be found at worldsmostethical companies.com/honorees.