has been recognized by the Ethisphere Institute as a 2014 World’s Most Ethical Company
. The Hartford is one of only two property & casualty insurance companies to receive the recognition this year.
“The Hartford strives to exemplify exceptional character in all that we do,” said Alan Kreczko, executive vice president and general counsel at The Hartford. “Receiving this award for the sixth time demonstrates our continued commitment to upholding the highest level of ethics to our employees, customers, business partners, neighbors and investors.”
Ethisphere recognizes organizations that continue to raise the bar on ethical leadership and corporate behavior. Through a rigorous, multi-step evaluation process, Ethisphere's researchers and analysts reviewed hundreds of companies in order to determine the finalists. Ethisphere named 144 companies to this year's World's Most Ethical Companies list in 41 industries.
The Hartford’s culture is built on a foundation of ethical decision making, backed by a strong ethics and compliance program that emphasizes leadership accountability and proactively preventing compliance-related issues. These values are demonstrated in the way The Hartford’s employees make decisions, promote an inclusive work environment, volunteer in local communities, and become ambassadors for environmental stewardship.
“The entire community of World’s Most Ethical Companies believes that customers, employees, investors and regulators place a high premium on trust and that ethics and good governance are key in earning it,” said Ethisphere’s Chief Executive Officer Timothy Erblich. “The Hartford joins an exclusive community committed to driving performance through leading business practices. We congratulate everyone at The Hartford for this extraordinary achievement.”
The World's Most Ethical Company assessment is based upon the Ethisphere Institute’s Ethics Quotient™ framework, which assesses an organization’s performance in an objective, consistent and standardized way. The information collected provides a comprehensive sampling of definitive criteria of core competencies, rather than all aspects of corporate governance, risk, sustainability, compliance and ethics. Scores are generated in five key categories: ethics and compliance program; reputation, leadership and innovation; governance; corporate citizenship and responsibility; and culture of ethics.