Remains the only insurance company in the
world to be on list since its inception in 2007
COLUMBUS, Ga., March 4,
2024 /PRNewswire/ -- Aflac Incorporated, a leading
provider of supplemental health insurance in the U.S., retains its
distinction by Ethisphere as one of the World's Most Ethical
Companies®. Ethisphere, a global leader in defining and
advancing the standards of ethical business practices, honored
Aflac for the 18th consecutive year, making it the only
insurance company in the world to appear every year since the
inception of the award in 2007, and one of the longest-standing
companies to receive this honor. In 2024, 136 honorees were
recognized, spanning 20 countries and 44 industries.
"We are honored to appear yet again on Ethisphere's prestigious
list, a recognition that confirms that in any type of commerce, no
matter your size, it's not enough to simply do good business. You
need to stand for your core values, support the communities you
serve, and be a good steward of your resources," Aflac Chairman and
CEO Dan Amos said. "Our commitment
to do the right thing fuels the deep care and empathy our employees
extend to policyholders and shareholders, which has earned us their
trust for decades."
Aflac places deep emphasis on corporate social responsibility.
Some of its core initiatives include a commitment to the Aflac
Cancer and Blood Disorders Center of Children's Healthcare of
Atlanta with more than
$173 million donated since 1995, as
well as its award-winning My Special Aflac Duck®
program, giving more than 28,000 robotic duck companions to
children with cancer and sickle cell disease. Aflac also places a
high priority on issues related to regulatory compliance and
maintaining a well-trained workforce, with a strong commitment to
its code of conduct to ensure employees work within the highest
ethical standards.
"It's always inspiring to recognize the World's Most Ethical
Companies®. Through the rigorous review process, we see
the dedication of these organizations to continually improving
their ethics, compliance and governance practices to the benefit of
all stakeholders," said Erica Salmon
Byrne, Ethisphere's Chief Strategy Officer and Executive
Chair. "Companies that elevate best-in-class cultures of ethics and
integrity set a standard for corporate citizenship for their peers
and competitors to follow. Congratulations to Aflac for achieving
this honor and demonstrating that strong ethics is good
business."
Ethics and performance
According to Ethisphere, the
listed 2024 World's Most Ethical Companies® Honorees outperformed a
comparable index of global companies by 12.3 percentage points from
January 2019 to January 2024.
Methodology and scoring
The World's Most Ethical
Companies assessment is grounded in Ethisphere's proprietary Ethics
Quotient®, an extensive questionnaire that requires
companies to provide over 240 different proof points on their
culture of ethics; environmental, social and governance practices;
ethics and compliance program; diversity, equity, and inclusion;
and initiatives that support a strong value chain. That data
undergoes further qualitative analysis by our panel of experts who
spend thousands of hours vetting and evaluating each year's group
of applicants. This process serves as an operating framework to
capture and codify truly best-in-class ethics and compliance
practices from organizations across industries and from around the
world.
Honorees
To view the full list of this year's
honorees, please visit the World's Most Ethical Companies website
at https://worldsmostethicalcompanies.com/honorees.
ABOUT AFLAC INCORPORATED
Aflac Incorporated
(NYSE: AFL), a Fortune 500 company, has helped provide
financial protection and peace of mind for more than 68 years to
millions of policyholders and customers through its subsidiaries in
the U.S. and Japan. In the
U.S., Aflac is the No. 1 provider of supplemental
health insurance products.1 In
Japan, Aflac Life Insurance Japan is the leading
provider of cancer and medical insurance in terms of policies in
force. The company takes pride in being there for its policyholders
when they need us most, as well as being included in 2024 in the
World's Most Ethical Companies by Ethisphere for 18
consecutive years, Fortune's World's Most Admired Companies for 23
years and Bloomberg's Gender-Equality Index for the
fourth consecutive year. In addition, the company became a
signatory of the Principles for Responsible Investment
(PRI) in 2021 and has been included in the Dow Jones
Sustainability North America Index (2023) for 10 years. To find out
how to get help with expenses health insurance doesn't cover, get
to know us
at aflac.com or aflac.com/espanol.
Investors may learn more about Aflac Incorporated and
its commitment to corporate social responsibility and
sustainability at investors.aflac.com under
"Sustainability."
About Ethisphere
Ethisphere is the global leader in
defining and advancing the standards of ethical business practices
that strengthen corporate brands, build trust in the marketplace,
deliver business success. Ethisphere has deep expertise in
measuring and defining core ethics standards using data-driven
insights that help companies build strong cultures of ethics and
integrity. Ethisphere honors superior achievement through its
World's Most Ethical Companies® recognition program, provides a
community of industry experts with the Business Ethics Leadership
Alliance (BELA), and showcases trends and best practices in ethics
with Ethisphere Magazine. Ethisphere also advances business
performance through data-driven assessments, guidance, and
benchmarking against its unparalleled data: the Culture Quotient
dataset reflecting the ethical business practices of 3+ million
employees around the world; and the Ethics Quotient dataset,
featuring 240+ data points on the ethics, compliance, social, and
governance practices of the World's Most Ethical Companies. For
more information, visit https://ethisphere.com.
Media contact: Jon
Sullivan, 706-763-4813 or jsullivan@aflac.com
Analyst and investor contact: David A.
Young, 706-596-3264, 800-235-2667 or dyoung@aflac.com
1 LIMRA 2022 US Supplemental Health Insurance Total
Market Report
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SOURCE Aflac Incorporated