Northern Trust announced today that it has been recognized by the Ethisphere Institute, an independent research center promoting best practices in corporate ethics and governance, as a 2014 World’s Most Ethical Company ®.
The award is designed to recognize organizations that demonstrate ethical corporate behavior and leadership, based on an evaluation of ethics and compliance programs; reputation; leadership and innovation; governance; corporate citizenship and responsibility; and culture of ethics.
"Northern Trust is honored to be recognized among companies that demonstrate an unwavering commitment to operating at the highest level of ethics,” Northern Trust Chairman and Chief Executive Officer Frederick H. Waddell said. “Every day we must earn the trust of our clients, shareholders, regulators, staff and the communities in which we live and work. Strong ethics and good governance are vital to our core values of service, expertise and integrity.”
In addition to this honor from Ethisphere, Northern Trust was recently recognized by FORTUNE Magazine in its annual rankings of the World’s Most Admired Companies. Northern Trust placed first in its category for “quality of products/services,” and overall tied for third place in the superregional bank category, the same ranking it received last year.The National Association for Female Executives also recently recognized Northern Trust as one of the Top 50 Companies for Executive Women nationwide for the fifth consecutive year in 2014. The list honors organizations whose policies and practices support women’s advancement. NAFE is a division of Working Mother Media. “Northern Trust has a long history as a responsible corporate citizen, including cultivating a culture of diversity and inclusiveness and giving our employees the right tools and guidance to excel,” said Connie Lindsey, Head of Corporate Social Responsibility and Global Diversity & Inclusion at Northern Trust. “We’re honored that the Ethisphere Institute, FORTUNE, and the National Association for Female Executives have recognized our ongoing efforts to be a successful, innovative and inclusive organization.”