March 6, 2013
, the number one provider of supplemental insurance in
the United States
, serving more than 50 million people in
the United States
, has been selected to Ethisphere's 2013 annual list of World's Most Ethical Companies. Aflac is the only insurance company to appear on the prestigious list for seven consecutive years.
"We are always proud to be part of Ethisphere's World's Most Ethical Companies list because it is the best endorsement of our belief that ethics and profits go hand in hand," Aflac Chairman and Chief Executive Officer
said. "At Aflac, we believe that treating policyholders and shareholders with honesty and integrity is just as important as the peace of mind that our policies deliver to our customers."
Companies appearing on the 2013 list were honored last night at Ethisphere's annual Global Ethics Summit; a two day program that includes various panel discussions attended by business executives from both global and domestic companies. Aflac Director Robert "Ben" Johnson is a featured panelist in today's "View from the Board" session held at the Grand Hyatt in
New York City
A record number of nominations and applications this year is evidence of both the World's Most Ethical Companies' growing recognition by various stakeholder groups and companies' desire to be recognized for their integrity standards and ethical cultures. The 2013 list is the largest since the award's inception in 2007.
"Not only did more companies apply for the World's Most Ethical Companies recognition this year than any year in the past, which demonstrates that ethical activity is an important part of many of these companies' business models, but we are also seeing more companies be proactive and create new initiatives that expand ethics programs and cultures across entire industries, such as industry-based ethics associations and other activities," said
Alex Brigham, Executive Director of Ethisphere
"We are excited to see the 2013 World's Most Ethical Companies take these leadership positions, and embrace the correlation between ethical behavior and improved financial performance."
Through in-depth research and a multi-step analysis, Ethisphere reviewed nominations from companies in more than 100 countries and 36 industries. The methodology for the World's Most Ethical Companies includes reviewing codes of ethics, litigation and regulatory infraction histories; evaluating the investment in innovation and sustainable business practices; looking at activities designed to improve corporate citizenship; and studying nominations from senior executives, industry peers, suppliers and customers.