Southern Indiana Business Report
EVANSVILLE — Old National Bank announced March 15 it has been recognized by the Ethisphere Institute, a global leader in defining and advancing the standards of ethical business practices, as one of the 2022 World’s Most Ethical Companies. The recognition honors companies demonstrating exceptional leadership and a commitment to business integrity through best-in-class ethics, compliance and governance practices.
Old National has been recognized for 11 consecutive years and is one of only three U.S. banks recognized and one of five honorees in the banking industry worldwide. In 2022, 136 honorees were recognized spanning 22 countries and 45 industries.
“We are extremely proud to be honored as one of the World’s Most Ethical Companies for the 11th consecutive year,” said Jim Ryan, CEO of Old National. “Maintaining high ethical standards are at the core of Old National’s culture, and this recognition reflects our team members’ longstanding commitment to integrity, transparency and to simply doing the right thing for our clients and communities every day.”
“Today, business leaders face their greatest mandate yet to be ethical, accountable, and trusted to drive positive change,” said Ethisphere CEO Timothy Erblich. “We continue to be inspired by the World’s Most Ethical Companies honorees and their dedication to integrity, sustainability, governance, and community. Congratulations to Old National Bank for earning the World’s Most Ethical Companies designation.”
Ethics and performance
According to Ethisphere’s Ethics Index, the listed 2022 World’s Most Ethical Companies honorees outperformed a comparable index of large cap companies by 24.6 percentage points from January 2017 to January 2022.
Methodology and scoring
Grounded in Ethisphere’s proprietary Ethics Quotient, the World’s Most Ethical Companies 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. The process serves as an operating framework to capture and codify the leading practices of organizations across industries and around the globe.
Honorees
The full list of the 2022 World’s Most Ethical Companies can be found at https://worldsmostethicalcompanies.com/honorees.
More about Old National
Old National Bancorp (NASDAQ: ONB), the holding company of Old National Bank, is the largest bank holding company headquartered in Indiana and recently completed its merger of equals transaction with First Midwest Bancorp Inc. With more than $46 billion of assets and $34 billion of assets under management, it ranks among the top 35 banking companies in the U.S. and has been recognized as a World’s Most Ethical Company by the Ethisphere Institute for 10 consecutive years. Founded in Evansville in 1834, Old National has grown to serve Illinois, Indiana, Iowa, Kentucky, Michigan, Minnesota and Wisconsin. In addition to providing extensive services in retail and commercial banking, Old National offers comprehensive wealth management, investment and capital market services. More information and financial data can be found by visiting Investor Relations at oldnational.com.