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March 26, 2013
MADISON, Wis. – CUNA Mutual Group has been identified as one of the world’s most ethical companies, according to an international organization that rates companies’ business ethics and corporate social responsibility.
Ethisphere, an international think tank dedicated to the advancement of corporate ethics and social responsibility, cited CUNA Mutual Group along with 140 other companies in three dozen industries as the World’s Most Ethical Companies for outperforming their industry peers when it comes to ethical behavior.
“Not only were there more applicants for the World's Most Ethical Companies recognition this year than any year in the past, but we are also seeing more companies be proactive and create new initiatives that expand ethics programs and cultures across entire industries, said Alex Brigham, Executive Director of Ethisphere. “We are excited to see the 2013 World's Most Ethical Companies take these leadership positions and embrace the correlation between ethical behavior and improved financial performance.”
“CUNA Mutual Group is being recognized for its credit union advocacy, commitment to ethics and compliance and community involvement," Ethisphere officials said.
Through in-depth research and analysis, Ethisphere reviewed nominations from companies in more than 100 countries and 36 industries. This year’s listed included 14 new honorees of which CUNA Mutual Group was one.
The methodology for the World’s Most Ethical Companies includes reviewing codes of ethics, litigation and regulatory infraction histories; evaluating the investment in innovation and sustainable business practices; looking at activities designed to improve corporate citizenship; and studying nominations from senior executives, industry peers, suppliers and customers.
“We are proud to be a part of this exclusive list of companies. It’s an honor to be recognized for walking the talk on our commitment to corporate responsibility and ethics in business,” said Steve Koslow, SVP, chief ethics & compliance officer, CUNA Mutual Group.
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CUNA Mutual Group insurance, retirement and investment products provide financial security and protection to credit unions and their members worldwide. With more than 75 years of true market commitment, CUNA Mutual Group’s vision is unwavering: To be a trusted business partner who delivers service excellence through customer-focused products and market-driven insight. More information on the company is available on the company’s website at www.cunamutual.com
.CUNA Mutual Group is the marketing name for CUNA Mutual Holding Company, a mutual insurance holding company, its subsidiaries and affiliates. Life, accident, health and annuity insurance products are issued by CMFG Life Insurance Company. Property and casualty insurance products are issued by CUMIS Insurance Society, Inc. Each insurer is solely responsible for the financial obligations under the policies and contracts it issues. Corporate headquarters are located in Madison, Wis.
© CUNA Mutual Group 2013, All Rights Reserved