The Ethisphere Institute recognized Old National Bank (NASDAQ: ONB) March 20 as a 2014 World’s Most Ethical Company®. Ethisphere is an independent center of research promoting best practices in corporate ethics and governance.
“This is the third consecutive year that Old National has been honored with this award, which recognizes organizations that continue to raise the bar on ethical leadership and corporate behavior,” said Kathy Schoettlin, ONB chief communications officer.
President and CEO Bob Jones said, “Old National’s recognition as one of the World’s Most Ethical Companies for the third time may be even more exciting, meaningful and significant as it was the first. Our commitment to ethical practices and transparency in governances is ongoing and essential to our company and we work diligently to ensure that it continues.”
Old National Bancorp has $9.7 billion in assets and ranks among the top 100 banking companies in the U.S. Since its founding in 1834, Old National has focused on community banking in Kentucky, Indiana, southern Illinois and southwestern Michigan, including Batesville.
The World’s Most Ethical Company assessment is based upon the Ethisphere Institute’s Ethics Quotient™ framework, which has been developed over years of effort to provide a means to assess an organization’s performance in an objective, consistent and standardized way. The information collected provides a comprehensive sampling of definitive criteria of core competencies, rather than all aspects of corporate governance, risk, sustainability, compliance and ethics.
The full list of the 2014 World’s Most Ethical Companies can be found at http://ethisphere.com/worlds-most-ethical/wme-honorees/.