Recognition honors those companies who lead with integrity and align principle with action.
- Old National earns the award for the 6th consecutive year
- Old National one of only two US banks honored
EVANSVILLE, Ind., March 13, 2017 (GLOBE NEWSWIRE) -- Old National Bank (NASDAQ:ONB) has been recognized by the Ethisphere
Institute, a global leader in defining and advancing the standards of ethical business practices, as a 2017 World’s Most Ethical Company®.
Old National has been recognized for six consecutive years and is one of only three in the Banking category and one of only two
US banks underscoring their commitment to leading ethical business standards and practices.
“The fact that Old National has now earned this distinction every year since 2012, during a time of incredible scrutiny for
banks and the financial industry, further demonstrates Old National’s commitment to ethics and transparency,” said Bob Jones, Old
National Bank Chairman and CEO. “We are truly honored to receive this award for the sixth consecutive year.”
Twenty-seventeen is the eleventh year that Ethisphere has honored those companies who recognize their role in society to
influence and drive positive change, consider the impact of their actions on their employees, investors, customers and other key
stakeholders and use their values and culture as an underpinning to the decisions they make every day.
“Over the last eleven years we have seen the shift in societal expectations, constant redefinition of laws and regulations and
the geo-political climate. We have also seen how companies honored as the World’s Most Ethical respond to these
challenges. They invest in their local communities around the world, embrace strategies of diversity and inclusion, and focus
on long term-ism as a sustainable business advantage,” explained Ethisphere’s Chief Executive Officer, Timothy Erblich.
"Congratulations to everyone at Old National for being recognized as a World's Most Ethical Company."
Methodology & Scoring
The World's Most Ethical Company assessment is based upon the Ethisphere Institute’s Ethics Quotient® (EQ) framework which offers a quantitative way to assess a company’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.
Scores are generated in five key categories: ethics and compliance program (35%), corporate citizenship and responsibility
(20%), culture of ethics (20%), governance (15%) and leadership, innovation and reputation (10%) and provided to all companies who
participate in the process.
Honorees
The full list of the 2017 World's Most Ethical Companies can be found at http://worldsmostethicalcompanies.ethisphere.com/honorees/.
Best practices and insights from the 2017 honorees will be released in a series of infographics and research throughout the year
(view or download the 2016 insights). Organizations interested in how they compare to the World’s
Most Ethical Companies are invited to participate in the Ethics Quotient.
About Old National
Old National Bancorp (NASDAQ:ONB), the holding company of Old National Bank, is the largest financial services holding company
headquartered in Indiana. With $14.9 billion in assets, it ranks among the top 100 banking companies in the U.S. Since its
founding in Evansville in 1834, Old National Bank has focused on community banking by building long-term, highly valued
partnerships with clients. Today, Old National’s footprint includes Indiana, Kentucky, Michigan and Wisconsin. In addition to
providing extensive services in retail and commercial banking, Old National offers comprehensive wealth management, investments and
brokerage services. For more information and financial data, please visit Investor Relations at oldnational.com.
About the Ethisphere Institute
The Ethisphere® Institute is the global leader in defining and advancing the standards of ethical business practices
that fuel corporate character, marketplace trust and business success. Ethisphere has deep expertise in measuring and defining core
ethics standards using data-driven insights that help companies enhance corporate character. 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 the publication of Ethisphere
Magazine. More information about Ethisphere can be found at: http://ethisphere.com.
Media Contacts Old National Media Contact Kathy Schoettlin 812.465.7269 Kathy.schoettlin@oldnational.com Ethisphere Media Contact Clea Nabozny 480.397.2658 Clea.Nabozny@ethisphere.com