TSYS announced today that it has been recognized by the Ethisphere Institute, the global leader in defining and advancing the standards of ethical business practices, as a 2015 World’s Most Ethical Company. 

The World’s Most Ethical Companies designation recognizes those organizations that have had a material impact on the way business is conducted by fostering a culture of ethics and transparency at every level of the company. This honor underscores TSYS’ commitment to leading ethical business standards and practices ensuring long-term value to key stakeholders including customers, employees, suppliers, regulators and investors. 

“Being recognized by Ethisphere as one of the World’s Most Ethical Companies for the third time in the last four years is an honor beyond distinction,” said M. Troy Woods, president and chief executive officer, TSYS. “Integrity is a core value of TSYS and a moral philosophy we embrace in the way we conduct business and in the relationships we have with our customers, vendors and partners, our shareholders and our team members.” 

“The World’s Most Ethical Companies embrace the correlation between ethical business practice and improved company performance. These companies use ethics as a means to further define their industry leadership and understand that creating an ethical culture and earning the World’s Most Ethical Companies recognition involves more than just an outward facing message or a handful of senior executives saying the right thing,” said Timothy Erblich, chief executive officer, Ethisphere. “We congratulate everyone at TSYS for this extraordinary achievement.” 

The World’s Most Ethical Company assessment is based upon the Ethisphere Institute’s Ethics QuotientTM framework developed over years of research to provide a means to assess an organization’s performance in an objective, consistent and standardized way. Scores are generated in five categories: ethics and compliance program, corporate citizenship and responsibility, culture of ethics, governance and leadership, innovation, and reputation. 

Aflac Named to Ethisphere's World's Most Ethical Companies List

Aflac, the leading provider of voluntary insurance at the work site in the United States and one of FORTUNE's 2014 Blue Ribbon companies, today announced that it has been named to the Ethisphere Institute's 2015 list of World's Most Ethical Companies. This marks the ninth consecutive year that Aflac has appeared on this prestigious list, making them the only insurance company to appear every year since the inception of the award. 

"We are very pleased to appear on Ethisphere's list for a ninth consecutive year," Aflac Chairman and CEO Dan Amos said. "As a business that sells a promise to our customers that we will be there for them in their times of need, it is reassuring to our company and our policyholders that the standard-bearers on corporate ethics believe Aflac behaves with integrity and ethics."

"The World's Most Ethical Companies embrace the correlation between ethical business practice and improved company performance. These companies use ethics as a means to further define their industry leadership and understand that creating an ethical culture and earning the World's Most Ethical Companies recognition involves more than just an outward-facing message or a handful of senior executives saying the right thing," said Ethisphere's Chief Executive Officer Timothy Erblich. "Earning this recognition involves the collective action of a global workforce from the top down. We congratulate everyone at Aflac for this extraordinary achievement."

"Ethisphere challenges companies to prioritize ethics with a rigorous survey that touches upon everything from corporate giving to compliance and governance," Aflac Executive Vice President and General Counsel Audrey Boone Tillman said. "It provides a strong barometer with which to gauge our company's approach to ethics, so we are very proud to have made this list again in 2015."

The World's Most Ethical Company assessment is based upon the Ethisphere Institute's Ethics Quotient framework developed over years of research to provide a means to assess an organization's performance in an objective, consistent and standardized way. The information collected provides a comprehensive sampling of definitive criteria of core competencies, rather than all aspects of corporate governance, risk, sustainability, compliance and ethics. The EQ framework and methodology is determined, vetted and refined by the expert advice and insights gleaned from Ethisphere's network of thought leaders and from the World's Most Ethical Company Methodology Advisory Panel. 

Scores are generated in five key categories: ethics and compliance program (35%), corporate citizenship and responsibility (20%), culture of ethics (20%), governance (15%) and leadership, and innovation and reputation (10%). 

The full list of the 2015 World's Most Ethical Companies can be found at http://ethisphere.com/worlds-most-ethical/wme-honorees/.