The Ethisphere Institute recently named Old National Bank (NASDAQ: ONB) as a 2016 World’s Most Ethical Company. Ethisphere is a global leader in defining and advancing the standards of ethical business practices.
This year marks the tenth anniversary of Ethisphere and the World’s Most Ethical Companies designation which recognizes those companies who align principle with action, work tirelessly to make trust part of their corporate DNA, and in doing so, shape future industry standards by introducing tomorrow’s best practices today.
Old National Bank has been recognized for five consecutive years and is one of only two U.S. banks honored and one of only four in the bank sector underscoring their commitment to leading ethical business standards and practices. Overall, there were 131 recognized as a 2016 World’s Most Ethical Company.
“Being honored as one of the World’s Most Ethical Companies is a distinction Old National holds in the highest regard,” said Bob Jones, Old National President and CEO. “Our associates and directors work diligently to ensure we maintain transparency and ethical practices in all that we do while serving our clients and communities. Their dedication is affirmed and recognized with this honor for the 5th consecutive year.”
“Old National Bancorp operates as a true member of the community, serving the Midwest not only by providing sound, conservative community banking and lending, but also with a dedicated commitment to building a better future for the individuals and families who live there,” stated Ethisphere’s Chief Executive Officer, Timothy Erblich. “ONB’s policy of allowing each associate two hours of paid time off per month for volunteer service resulted in more than 100,000 volunteer hours at more than 2,000 community organizations. These kinds of efforts reflect corporate integrity at its best. Congratulations to everyone at Old National Bancorp for being recognized as a 2016 World’s Most Ethical Company.
“Companies rely on Ethisphere to continually raise and measure the standards of corporate behavior. Those that demonstrate leadership in areas like citizenship, integrity and transparency create more value for their investors, communities, customers and employees, thus solidifying a sustainable business advantage. Congratulations to everyone at Old National for being recognized as a World’s Most Ethical Company.”