Aflac a World's Most Ethical Company for 18th Consecutive Year
Tuesday, March 5th, 2024
Aflac Incorporated, a leading provider of supplemental health insurance in the U.S., retains its distinction by Ethisphere as one of the World's Most Ethical Companies®. Ethisphere, a global leader in defining and advancing the standards of ethical business practices, honored Aflac for the 18th consecutive year, making it the only insurance company in the world to appear every year since the inception of the award in 2007, and one of the longest-standing companies to receive this honor. In 2024, 136 honorees were recognized, spanning 20 countries and 44 industries.
"We are honored to appear yet again on Ethisphere's prestigious list, a recognition that confirms that in any type of commerce, no matter your size, it's not enough to simply do good business. You need to stand for your core values, support the communities you serve, and be a good steward of your resources," Aflac Chairman and CEO Dan Amos said. "Our commitment to do the right thing fuels the deep care and empathy our employees extend to policyholders and shareholders, which has earned us their trust for decades."
Aflac places deep emphasis on corporate social responsibility. Some of its core initiatives include a commitment to the Aflac Cancer and Blood Disorders Center of Children's Healthcare of Atlanta with more than $173 million donated since 1995, as well as its award-winning My Special Aflac Duck® program, giving more than 28,000 robotic duck companions to children with cancer and sickle cell disease. Aflac also places a high priority on issues related to regulatory compliance and maintaining a well-trained workforce, with a strong commitment to its code of conduct to ensure employees work within the highest ethical standards.
"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 Aflac for achieving this honor and demonstrating that strong ethics is good business."
Ethics and performance
According to Ethisphere, the listed 2024 World's Most Ethical Companies® Honorees outperformed a comparable index of global companies by 12.3 percentage points from January 2019 to January 2024.