U.S. Bank Named One of the 2024 World’s Most Ethical Companies
04 Marzo 2024 - 8:34AM
Business Wire
The Ethisphere Institute recognizes U.S.
Bank for the 10th consecutive year.
For the 10th consecutive year, U.S. Bank has been named one of
the World’s Most Ethical Companies by the Ethisphere Institute, a
global leader in defining and advancing the standards of ethical
business practices.
Ethisphere recognized 136 honorees that span 20 countries and 44
industries. U.S. Bank is one of four honorees in the banking
category and the only U.S.-based bank to be honored for 10
consecutive years. The listed 2024 World’s Most Ethical Companies®
honorees outperformed a comparable index of global companies by
12.3% from January 2019 to January 2024.
“We believe an ethical culture drives results for our customers,
communities and company, and we work hard to ensure we do the right
thing in everything we do,” said Andy Cecere, chairman, president
and chief executive officer. “I am proud of our team, and how each
employee goes above and beyond to earn trust, build strong
relationships, and ensure our commitment to integrity remains
strong. This honor belongs to them.”
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 (ESG) 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.
“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 U.S. Bank for achieving this honor and
demonstrating that strong ethics is good business.”
About U.S. Bank
U.S. Bancorp, with more than 70,000 employees and $663 billion
in assets as of December 31, 2023, is the parent company of U.S.
Bank National Association. Headquartered in Minneapolis, the
company serves millions of customers locally, nationally and
globally through a diversified mix of businesses including consumer
banking, business banking, commercial banking, institutional
banking, payments and wealth management. U.S. Bancorp has been
recognized for its approach to digital innovation, community
partnerships and customer service, including being named one of the
2023 World’s Most Ethical Companies and Fortune’s most admired
superregional bank. To learn more, please visit the U.S. Bancorp
website at usbank.com and click on “About Us.”
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.
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Jeff Shelman, U.S. Bancorp Public Affairs and Communications
jeffrey.shelman@usbank.com, 612.303.9933
US Bancorp (NYSE:USB)
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US Bancorp (NYSE:USB)
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