DES MOINES, Iowa, March 4, 2024–(BUSINESS WIRE)–Principal Financial Group® has as soon as once more been named one of many World’s Most Ethical Companies by Ethisphere. The firm’s inclusion on his 2024 record marks his thirteenth time since his Ethisphere record was launched in 2006 that Principal® has been acknowledged for its moral management and enterprise practices. .
“Ethics and integrity are on the core of who we’re and who we have now been for the previous 145 years,” mentioned Dan Huston, Principal’s Chairman, President and Chief Executive Officer. There is,” he mentioned. “Today, greater than 62 million prospects entrust us with their monetary safety, and roughly 20,000 workers around the globe honor that belief by doing the correct factor, the correct manner, and diligently. Ethisphere’s 2023 designation as one of many World’s Most Ethical Companies is particularly significant as a result of it allows us to have a constructive affect on our workers, prospects, and communities around the globe. Because we acknowledge our dedication to moral enterprise practices and applications. ”
This 12 months, 136 winners from 20 international locations and 44 industries have been acknowledged. According to Ethisphere’s Ethics Index metric, corporations named World’s Most Ethical Companies® in 2024 outperformed an index of comparable world corporations by 12.3 factors from January 2019 to January 2024. I did.
Methodology and scoring
The World’s Most Ethical Companies score is predicated on Ethisphere’s proprietary Ethics Quotient®. The Ethics Quotient® is an intensive survey that requires corporations to supply greater than 240 completely different proof factors about their moral tradition. Environmental, social and governance (ESG) practices. Ethics and Compliance Program. Diversity, Equity, and Inclusion. Initiatives that assist a robust worth chain. That information is then subjected to additional qualitative evaluation by our panel of specialists, who spend 1000’s of hours vetting and evaluating applicant teams every year. This course of serves as an operational framework to gather and codify really best-in-class ethics and compliance practices from organizations throughout industries and around the globe.
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About Principal Financial Group
Principal Financial Group® (Nasdaq: PFG) is a worldwide monetary firm with roughly 20,000 employees1 obsessed with bettering the wealth and well-being of individuals and companies. In enterprise for greater than 140 years, we assist roughly 62 million customers1 plan, defend, make investments, and retire, whereas supporting the communities during which we function and constructing a various and inclusive workforce. We are engaged on constructing. Principal® is proud to be a member of the Bloomberg Gender Equality Index and acknowledged as a “Best Place to Work in Money Management”2. To study extra about Principal and our efforts to construct a greater future, go to principal.com.
1 As of December 31, 2023
2 Pensions and Investments, 2022
About Ethisphere
Ethisphere is a worldwide chief in defining and selling requirements of moral enterprise practices that strengthen company manufacturers, construct belief within the market, and drive enterprise success. Ethisphere has deep experience in measuring and defining core moral requirements utilizing data-driven insights that assist corporations construct robust cultures of ethics and integrity. Ethisphere acknowledges excellent efficiency by means of the World’s Most Ethical Companies® certification program, offers a neighborhood of trade professionals with the Business Ethics Leadership Alliance (BELA), and shares ethics tendencies and finest practices with Ethisphere Magazine. Ethisphere additionally improves enterprise efficiency by means of information. Leading assessments, steering, and benchmarks in opposition to unparalleled information: Culture Index dataset that displays the moral enterprise practices of greater than 3 million workers worldwide, and greater than 240 ethics, compliance, social, Ethics index dataset that includes information factors. For extra data on the governance practices of the world’s most moral corporations, please go to https://ethisphere.com.
Insurance merchandise issued by Principal National Life Insurance Co (excluding New York State) and Principal Life Insurance Company®. Plan the federal government companies supplied by Principal Life. Principal Funds, Inc. is distributed by Principal Funds Distributor, Inc. Securities are supplied by means of Principal Securities, Inc., member SIPC and/or impartial dealer/sellers. The corporations referenced are members of Principal Financial Group®, Des Moines, Iowa 50392.
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contact deal with
Media Contact: Megan Grandgeorge, grandgeorge.megan@principal.com, 515-878-1146