U.S. Bank Named One of the 2021 World’s Most Ethical Companies
February 23 2021 - 10:00AM
Business Wire
The Ethisphere Institute recognizes U.S. Bank for the seventh
consecutive year.
For the seventh 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.
“This honor belongs to our employees,” said Andy Cecere,
chairman, president and chief executive officer. “I’m proud of
their commitment to our customers and communities, and they’ve gone
above and beyond during these challenging times. Our most important
job is to earn and keep our customers’ trust, and we work hard at
that every day.”
Ethisphere recognized 135 honorees that span 22 countries and 47
industries. U.S. Bank is one of five honorees in the banking
category.
The World’s Most Ethical Companies assessment is based on
Ethisphere’s Ethics Quotient® framework. It includes more than 200
questions on culture, environmental and social practices, ethics
and compliance activities, governance, diversity and initiatives to
support a strong value chain. The process captures and codifies the
leading practices of organizations across industries and around the
globe. This year, the question also gauged how applicants are
adapting and responding to the global health pandemic,
environmental, social, and governance factors, safety, equity, and
inclusion and social justice.
“While addressing the tough challenges of 2020, we saw companies
lead – above all other institutions – on earning the trust of
stakeholders through resilience and a commitment to ethics and
integrity,” said Ethisphere CEO Timothy Erblich. “The World’s Most
Ethical Companies honorees continue to demonstrate an unwavering
commitment to the highest values and positively impacting the
communities they serve. Congratulations to everyone at U.S.
Bank.”
About U.S. Bank
U.S. Bancorp, with nearly 70,000 employees and $554 billion in
assets as of December 31, 2020, is the parent company of U.S. Bank
National Association, 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 one of the 2021 World’s Most
Ethical Companies. Visit U.S. Bank at www.usbank.com or follow on
social media to stay up to date with company news.
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 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
https://ethisphere.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20210223005704/en/
Cheryl Leamon, U.S. Bank 651.435.7460,
cheryl.leamon@usbank.com
Clea Nabozny, Ethisphere clea.nabozny@ethisphere.com
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