U.S. Bank Named One of the 2019 World's Most Ethical Companies®
February 26 2019 - 11:00AM
Business Wire
The Ethisphere Institute recognizes U.S.
Bank for the fifth consecutive year.
U.S. Bank has been named one of the 2019 World’s Most Ethical
Companies by the Ethisphere Institute, a global leader in defining
and advancing the standards of ethical business practices. This is
the fifth consecutive year U.S. Bank has received this
recognition.
“In banking, relationships are built on trust,” said Andy
Cecere, chairman, president and chief executive officer of U.S.
Bank. “At U.S. Bank, our employees build that trust through their
commitment to doing the right thing and sharing our customers’
vision for success. They are why we’re one of the World’s Most
Ethical Companies for the fifth year in a row, and I’m proud and
grateful to work with every one of them.”
In 2019, 128 honorees were recognized, spanning 21 countries and
50 industries. U.S. Bank is one of only five honorees in the
banking category.
The World's Most Ethical Companies assessment is based on the
Ethisphere Institute’s Ethics Quotient® framework, which offers a
quantitative way to assess a company’s performance in an objective,
consistent and standardized manner. 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 percent), culture of ethics (20 percent),
corporate citizenship and responsibility (20 percent), governance
(15 percent) and leadership and reputation (10 percent).
“Today, employees, customers, investors and other stakeholders
are putting their greatest trust in companies to lead with
integrity. Companies that take the long view with a purpose-based
strategy are proven to not only outperform but last,” said
Ethisphere’s Chief Executive Officer, Timothy Erblich. “I
congratulate everyone at U.S. Bank for earning this
recognition.”
About U.S. BankU.S. Bancorp, with 74,000 employees
and $467 billion in assets as of December 31, 2018,
is the parent company of U.S. Bank, the fifth-largest
commercial bank in the United States.
The Minneapolis-based bank blends its relationship teams,
branches and ATM network with mobile and online tools that allow
customers to bank how, when and where they prefer. U.S.
Bank is committed to serving its millions of retail, business,
wealth management, payment, commercial and corporate, and
investment services customers across the country and around the
world as a trusted financial partner, a commitment recognized by
the Ethisphere Institute naming the bank a 2019
World’s Most Ethical Company. Visit U.S.
Bank at www.usbank.com or follow on social media to
stay up to date with company news.
About the Ethisphere InstituteThe 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 and measure and improve culture. Ethisphere honors
superior achievement through its World’s Most Ethical Companies
recognition program and provides a community of industry experts
with the Business Ethics Leadership Alliance (BELA). More
information about Ethisphere can be found at ethisphere.com.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20190226005836/en/
Cheryl Leamon, U.S. Bank651.435.7460,
cheryl.leamon@usbank.com
Clea Nabozny, Ethisphere480.397.2658,
clea.nabozny@ethisphere.com
US Bancorp (NYSE:USB)
Historical Stock Chart
From Jun 2024 to Jul 2024
US Bancorp (NYSE:USB)
Historical Stock Chart
From Jul 2023 to Jul 2024