Bread Financial Included on Newsweek’s Most Trustworthy Companies in America 2023 List

Rhea-AI Summary

Bread Financial has been included on Newsweek's Most Trustworthy Companies in America 2023 list, ranking #20 in the financial services sector. The company emphasizes its commitment to building trust and delivering best-in-class experiences.

Positive

• Bread Financial ranked #20 on Newsweek's Most Trustworthy Companies in America 2023 list, which could positively impact its stock price. The recognition validates the company's culture and commitment to building trust.

Negative

• None.

NORTHAMPTON, MA / ACCESSWIRE / May 12, 2023 / Committed to operating responsibility based on the highest standards of ethics and integrity, Bread Financial today announced that it has been included on Newsweek's Most Trustworthy Companies in America 2023 list, ranking #20 among other companies in the financial services sector.

"Building trust is one of the most important priorities for any business, but also one of the easiest things for it to lose, which is why I am so proud to receive this third-party validation that represents our culture in action," said Ralph Andretta, president and chief executive officer, Bread Financial. "We rebranded to Bread Financial just over a year ago, and our inclusion on Newsweek's list is a noteworthy acknowledgment of our commitment to deliver best-in-class, value-added experiences that build trust and confidence."

To determine the top 700 most trustworthy companies across 23 industries, Newsweek, in partnership with market research partner Statista Inc., evaluated a pool of 3,100 U.S.-headquartered companies with revenues over $500 million along with a sample of approximately 25,000 U.S. residents who rated companies on three pillars of trust: customer trust, investor trust and employee trust

"Empowering customers in a way that inspires confidence, satisfaction and trust in our brand is rooted in our responsible business practices," said Dana Beckman, head of sustainability, Bread Financial. "As we continue to adapt and respond to evolving consumer expectations, our purpose-driven approach and unwavering dedication to operating sustainably remains essential to earning and maintaining the trust of our diverse stakeholders."

In January, Bread Financial also announced its inclusion on Newsweek's Most Responsible Companies 2023 list. For more information on Bread Financial's ESG strategy, visit its sustainability page or download the 2021 ESG Report.

View additional multimedia and more ESG storytelling from Bread Financial on 3blmedia.com.

Contact Info:
Spokesperson: Bread Financial
Website: https://www.3blmedia.com/profiles/bread-financial
Email: info@3blmedia.com

SOURCE: Bread Financial

View source version on accesswire.com:
https://www.accesswire.com/754502/Bread-Financial-Included-on-Newsweeks-Most-Trustworthy-Companies-in-America-2023-List

FAQ

What is Bread Financial's ranking on Newsweek's Most Trustworthy Companies list?

Bread Financial is ranked #20 on Newsweek's Most Trustworthy Companies in America 2023 list.

What are the pillars of trust used to evaluate companies?

Companies are evaluated based on customer trust, investor trust, and employee trust.

What other recognition has Bread Financial received?

Bread Financial was also included on Newsweek's Most Responsible Companies 2023 list.