Principal® named one of the 2024 World’s Most Ethical Companies by Ethisphere
04 März 2024 - 5:32PM
Business Wire
Principal Financial Group® has been once again named one of the
World’s Most Ethical Companies by Ethisphere. The company’s
inclusion in the 2024 list makes the 13th time Principal® has been
recognized for its ethical leadership and business practices since
the Ethisphere list launched in 2006.
“Ethics and integrity are central to who we are and who we have
been for the past 145 years,” said Dan Houston, chairman,
president, and chief executive officer at Principal. “Today, more
than 62 million customers entrust us with their financial security
and our nearly 20,000 employees around the world honor that trust
each day by diligently doing the right things in the right way.
Being one of Ethisphere’s 2023 World’s Most Ethical Companies is
especially meaningful because it acknowledges our commitment to
ethical business practices and programs that enable us to deliver a
positive impact on our employees, customers, and communities around
the world.”
This year, 136 honorees were recognized from across 20 countries
and 44 industries. The listed 2024 World’s Most Ethical Companies®
Honorees outperformed a comparable index of global companies by
12.3 percentage points from January 2019 to January 2024 according
to Ethisphere’s Ethics Index metrics.
Methodology & Scoring
The World's Most Ethical Companies assessment is grounded in
Ethisphere's 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 our 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.
About Principal Financial Group
Principal Financial Group® (Nasdaq: PFG) is a global financial
company with nearly 20,000 employees1 passionate about improving
the wealth and well-being of people and businesses. In business for
more than 140 years, we’re helping approximately 62 million
customers1 plan, protect, invest, and retire, while working to
support the communities where we do business, and build a diverse,
inclusive workforce. Principal® is proud to be recognized a member
of the Bloomberg Gender Equality Index, and a “Best Places to Work
in Money Management2.” Learn more about Principal and our
commitment to building a better future at principal.com.
1 As of December 31, 2023 2 Pensions & Investments, 2022
About Ethisphere
Ethisphere is the global leader in defining and advancing the
standards of ethical business practices that strengthen corporate
brands, build trust in the marketplace, deliver business success.
Ethisphere has deep expertise in measuring and defining core ethics
standards using data-driven insights that help companies build
strong cultures of ethics and integrity. 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 Ethisphere Magazine. Ethisphere also
advances business performance through data-driven assessments,
guidance, and benchmarking against its unparalleled data: the
Culture Quotient dataset reflecting the ethical business practices
of 3+ million employees around the world; and the Ethics Quotient
dataset, featuring 240+ data points on the ethics, compliance,
social, and governance practices of the World's Most Ethical
Companies. For more information, visit https://ethisphere.com.
Insurance products issued by Principal National Life Insurance
Co (except in NY) and Principal Life Insurance Company®. Plan
administrative services offered by Principal Life. Principal Funds,
Inc. is distributed by Principal Funds Distributor, Inc. Securities
offered through Principal Securities, Inc., member SIPC and/or
independent broker/dealers. Referenced companies are members of the
Principal Financial Group®, Des Moines, IA 50392.
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version on businesswire.com: https://www.businesswire.com/news/home/20240304066529/en/
Media Contact: Megan Grandgeorge,
Grandgeorge.megan@principal.com, 515-878-1146
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