Thrivent named one of the world’s most ethical companies for the 8th year in a row

27 February 2019


US ICMIF member, Thrivent, a not-for-profit membership organisation that aims to help its members be wise with money and live generously, has been recognised by the Ethisphere Institute, as one of the 2019 World’s Most Ethical Companies. The Ethisphere recognition honours companies which recognise their critical role to influence and drive positive change in the business community and societies around the world.

Thrivent has been recognised in this way by Ethisphere eight years in a row and is one of only five honourees in the financial services industry.

In 2019, 128 honourees were recognised spanning 21 countries and 50 industries. The companies on the Ethisphere list have met rigorous criteria across five categories covering the quality of their ethics and compliance program, organizational culture, corporate citizenship and responsibility, governance, and leadership and reputation.

More than ever, Ethisphere says, the data from the process shows global companies stepping up to advance society and addressing issues like diversity and inclusion, supporting the rule of law, and advancing human rights.

“We’re proud to once again be named one of the World’s Most Ethical Companies,” said Terry Rasmussen, President and CEO of Thrivent. “At Thrivent, we are purposeful and intentional about following ethical business practices and ensuring our actions reflect commitment, collaboration and care. Setting this high standard helps us fulfil our mission of serving more Christians on their wise with money journeys.”

Said Ethisphere’s Chief Executive Officer, Timothy Erblich: “Today, employees, investors and stakeholders are putting their greatest trust in companies to take leadership on societal issues. Companies that take the long view with a purpose-based strategy are proven to not only outperform but last. I congratulate everyone at Thrivent for earning this recognition.”

For member-only strategic content on the cooperative/mutual insurance sector, ICMIF members have exclusive access to a range of online resources through the ICMIF Knowledge Hub.

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