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Thrivent Named One Of The 2020 World's Most Ethical Companies By Ethisphere
February 25, 2020 | Samantha Mehrotra, Public Relations Manager
Recognition honors those companies that take the long view with a purpose-based strategy and strive to create positive change throughout their global communities.
MINNEAPOLIS – Thrivent, a diversified financial services organization, has been recognized by Ethisphere, a global leader in defining and advancing the standards of ethical business practices, as one of the 2020 World’s Most Ethical Companies.
Thrivent has been recognized nine years in a row and is one of only five honorees in the financial services industry. In 2020, 132 honorees were recognized spanning 21 countries and 51 industries.
“We’re honored to be named one of the World’s Most Ethical Companies for the ninth year in a row,” said Terry Rasmussen, president and CEO of Thrivent. “It’s a testament to our ethical culture of doing the right thing for our customers so we continue to earn their trust and confidence. I’m grateful for our employees who make a daily commitment to put our values into action. It’s because of them that we’re able to fulfill our promise of helping people achieve financial clarity, enabling lives full of meaning and gratitude.”
“Congratulations to everyone at Thrivent for earning this recognition,” said Ethisphere’s Chief Executive Officer, Timothy Erblich. “This is a moment to acknowledge the leaders working to advance corporate cultures defined by integrity and affirm those companies contributing to broader societal imperatives and the greater good.”
Methodology & Scoring
Grounded in Ethisphere’s proprietary Ethics Quotient®, the World’s Most Ethical Companies assessment process includes more than 200 questions across five 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). The process offers a quantitative way to assess a company’s performance in an objective, consistent and standardized manner. It also serves as an operating framework to capture and codify the leading practices of organizations across industries and around the globe.
All companies that participate in the assessment process receive an Analytical Scorecard providing them a holistic assessment of where their programs stand against the demanding standards of leading companies.
The full list of the 2020 World's Most Ethical Companies can be found at https://worldsmostethicalcompanies.com/honorees.
Thrivent is a diversified financial services organization that helps people achieve financial clarity, enabling lives full of meaning and gratitude. As a mission-driven, membership-owned organization, it offers its more than 2 million members and customers a broad range of financial products, services and guidance. Thrivent and its subsidiary and affiliate companies offer insurance, investments, banking and advice over the phone, online as well as through financial professionals and independent agents nationwide. Thrivent is a FORTUNE 500 company with $152 billion in assets under management/advisement (as of 12/31/19). For more information, visit Thrivent.com. You can also find us on Facebook and Twitter.
About 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