Ethisphere Names Assurant One of the 2024 World’s Most Ethical Companies®
05 March 2024 - 12:00AM
Business Wire
Annual recognition highlights organizations
that have demonstrated a commitment to business integrity through
robust ethics, compliance, and governance programs
Assurant (NYSE:AIZ), a leading global business services company
that supports, protects, and connects major consumer purchases,
proudly announced that it has received the 2024 World’s Most
Ethical Companies recognition by Ethisphere, a global leader in
defining and advancing the standards of ethical business practices.
In 2024, 136 honorees were recognized spanning 20 countries and 44
industries.
“Throughout our business, our clients are some of the most
valuable brands in the world,” said Assurant President and CEO
Keith Demmings. “Operating ethically is foundational to protecting
their brands as well as ours. Being named one of the World’s Most
Ethical Companies® by Ethisphere is a testament to the thousands of
Assurant employees who work according to our values every day.”
“Operating ethically at scale requires clear policies,
compelling training, and robust procedures,” said Chief Legal
Officer Jay Rosenblum. “I’m proud of the work our Legal and
Compliance teams have done to put these measures in place, as well
as the decisions our employees across the company make every day to
do the right thing on behalf of Assurant and our clients.”
“It’s always inspiring to recognize the World’s Most Ethical
Companies®. Through the rigorous review process, we see the
dedication of these organizations to continually improving their
ethics, compliance, and governance practices to the benefit of all
stakeholders,” said Erica Salmon Byrne, Ethisphere’s Chief Strategy
Officer and Executive Chair. “Companies that elevate best-in-class
cultures of ethics and integrity set a standard for corporate
citizenship for their peers and competitors to follow.
Congratulations to Assurant for achieving this honor and
demonstrating that strong ethics is good business.”
Ethics & Performance: The Ethics Premium
The listed 2024 World’s Most Ethical Companies® Honorees
outperformed a comparable index of global companies, the Solactiv
GBS Global Markets All Cap USD Index TR, by 12.3 percentage points
from January 2019 to January 2024.
Methodology & Scoring
According to Ethisphere, the World's Most Ethical Companies®
assessment is grounded in its proprietary Ethics Quotient®, an
extensive questionnaire that requires companies to provide over 240
different proof points on their culture of ethics; environmental,
social, and governance (ESG) practices; ethics and compliance
program; diversity, equity, & inclusion; and initiatives that
support a strong value chain. That data undergoes further
qualitative analysis by Ethisphere’s panel of experts who spend
thousands of hours vetting and evaluating each year's group of
applicants. This process serves as an operating framework to
capture and codify truly best-in-class ethics and compliance
practices from organizations across industries and from around the
world.
Honorees
To view the full list of this year’s honorees, please visit the
World’s Most Ethical Companies® website, at
https://worldsmostethicalcompanies.com/honorees.
About Assurant
Assurant, Inc. (NYSE: AIZ) is a leading global business services
company that supports, protects, and connects major consumer
purchases. A Fortune 500 company with a presence in 21 countries,
Assurant supports the advancement of the connected world by
partnering with the world’s leading brands to develop innovative
solutions and to deliver an enhanced customer experience through
mobile device solutions, extended service contracts, vehicle
protection services, renters’ insurance, lender-placed insurance
products and other specialty products.
Learn more at assurant.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20240304327438/en/
Assurant Media Contact: Stacie Sherer Vice President,
Corporate Communications 917.420.0980
Stacie.Sherer@assurant.com
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