Thrivent Financial for Lutherans has been selected as one of the "World's Most Ethical Companies" for 2012 by the Ethisphere Institute.
Thrivent Financial was named to the prestigious list as because of its leadership in promoting ethical business standards and for introducing innovative ideas to benefit the public.
"Being named as one of the world's most ethical companies is a great honor for our organization," said Teresa Rasmussen, senior vice president, general counsel and secretary for Thrivent Financial. "As a fraternal, faith-based organization, we strive to maintain the highest standards of ethics and integrity in everything we do and this recognition helps validate our efforts."
The Ethisphere Institute is a leading international think-tank dedicated to the creation, advancement and sharing of best practices in business ethics, corporate social responsibility, anti-corruption and sustainability. It announced its sixth annual selection of the World's Most Ethical Companies at an honoree dinner March 15 attended by representatives of Thrivent Financial.
"Each year the competition for World's Most Ethical Companies intensifies as the number of nominations submitted for consideration grows," said Alex Brigham, executive director of Ethisphere. "This year's winners know that a strong ethics program is a key component to a successful business model, and they continue to scrutinize their ethical standards to keep up with an ever-changing regulatory environment."
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A record number of nominations and applications this year is evidence of both the award's growing prominence and companies' desire to be acknowledged for their high ethical standards. The 2012 list is the largest since the award's inception in 2007.
