Ethisphere Names Assurant One of the 2024 World’s Most Ethical Companies®

Rhea-AI Summary

Assurant (NYSE:AIZ) has been recognized as one of the 2024 World's Most Ethical Companies by Ethisphere, showcasing its commitment to business integrity. The company's ethical practices have led to outperformance in global markets, with honorees surpassing a comparable index by 12.3 percentage points. Assurant's dedication to ethics, compliance, and governance has been acknowledged through a rigorous assessment process, highlighting its strong values and corporate citizenship.

Annual recognition highlights organizations that have demonstrated a commitment to business integrity through robust ethics, compliance, and governance programs

ATLANTA--(BUSINESS WIRE)-- Assurant (NYSE:AIZ), a leading global business services company that supports, protects, and connects major consumer purchases, proudly announced that it has received the 2024 World’s Most Ethical Companies recognition by Ethisphere, a global leader in defining and advancing the standards of ethical business practices. In 2024, 136 honorees were recognized spanning 20 countries and 44 industries.

“Throughout our business, our clients are some of the most valuable brands in the world,” said Assurant President and CEO Keith Demmings. “Operating ethically is foundational to protecting their brands as well as ours. Being named one of the World’s Most Ethical Companies^® by Ethisphere is a testament to the thousands of Assurant employees who work according to our values every day.”

“Operating ethically at scale requires clear policies, compelling training, and robust procedures,” said Chief Legal Officer Jay Rosenblum. “I’m proud of the work our Legal and Compliance teams have done to put these measures in place, as well as the decisions our employees across the company make every day to do the right thing on behalf of Assurant and our clients.”

“It’s always inspiring to recognize the World’s Most Ethical Companies^®. Through the rigorous review process, we see the dedication of these organizations to continually improving their ethics, compliance, and governance practices to the benefit of all stakeholders,” said Erica Salmon Byrne, Ethisphere’s Chief Strategy Officer and Executive Chair. “Companies that elevate best-in-class cultures of ethics and integrity set a standard for corporate citizenship for their peers and competitors to follow. Congratulations to Assurant for achieving this honor and demonstrating that strong ethics is good business.”

Ethics & Performance: The Ethics Premium

The listed 2024 World’s Most Ethical Companies^® Honorees outperformed a comparable index of global companies, the Solactiv GBS Global Markets All Cap USD Index TR, by 12.3 percentage points from January 2019 to January 2024.

Methodology & Scoring

According to Ethisphere, the World's Most Ethical Companies^® assessment is grounded in its proprietary Ethics Quotient^®, an extensive questionnaire that requires companies to provide over 240 different proof points on their culture of ethics; environmental, social, and governance (ESG) practices; ethics and compliance program; diversity, equity, & inclusion; and initiatives that support a strong value chain. That data undergoes further qualitative analysis by Ethisphere’s panel of experts who spend thousands of hours vetting and evaluating each year's group of applicants. This process serves as an operating framework to capture and codify truly best-in-class ethics and compliance practices from organizations across industries and from around the world.

Honorees

To view the full list of this year’s honorees, please visit the World’s Most Ethical Companies^® website, at https://worldsmostethicalcompanies.com/honorees.

About Assurant

Assurant, Inc. (NYSE: AIZ) is a leading global business services company that supports, protects, and connects major consumer purchases. A Fortune 500 company with a presence in 21 countries, Assurant supports the advancement of the connected world by partnering with the world’s leading brands to develop innovative solutions and to deliver an enhanced customer experience through mobile device solutions, extended service contracts, vehicle protection services, renters’ insurance, lender-placed insurance products and other specialty products.

Learn more at assurant.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240304327438/en/

Assurant Media Contact:

Stacie Sherer

Vice President, Corporate Communications

917.420.0980

Stacie.Sherer@assurant.com

Source: Assurant

FAQ

What recognition did Assurant (NYSE:AIZ) receive?

Assurant has received the 2024 World's Most Ethical Companies recognition by Ethisphere.

Who is the President and CEO of Assurant (NYSE:AIZ)?

Keith Demmings is the President and CEO of Assurant.

How many honorees were recognized in 2024 for the World's Most Ethical Companies?

In 2024, 136 honorees were recognized spanning 20 countries and 44 industries.

What is the impact of being recognized as one of the World's Most Ethical Companies®?

Companies recognized as the World's Most Ethical Companies® outperformed a comparable index of global companies by 12.3 percentage points from January 2019 to January 2024.

What is the assessment methodology for the World's Most Ethical Companies®?

The assessment is grounded in Ethisphere's proprietary Ethics Quotient®, requiring companies to provide over 240 proof points on their culture of ethics, ESG practices, ethics and compliance program, diversity, equity, & inclusion, and value chain initiatives.