Committed to being an ethical and socially responsible organization.
We believe a commitment to ethical business and social responsibility not only strengthens our company, but also our communities.
Proud to be one the World's Most Ethical Companies®.
In 2020, Old National was named one of the World’s Most Ethical Companies® by the prestigious Ethisphere® Institute for the ninth consecutive year. We have also received Ethics InsideTM Certification from Ethisphere®for the past eight years. This
certification signifies a strong internal culture and institutional history of ethical and compliant behavior.
Annually, our associates and directors are asked to review and acknowledge a company-wide Code of Business Conduct and Ethics
Associates complete annual ethics training with refresher courses throughout the
year
Chief Ethics Officer appointed in 2008 and Ethics Committee established in 2017
Anonymous ethics reporting tool available to associates 24 hours a day
Old National strives to conduct business with Third
Parties who share our commitments to compliance with legal requirements and to high
ethical standards, and expects all Third Parties and their respective associates, agents, and
subcontractors to follow the principles of our Code summarized in the Third Party Code of
Conduct.
Committed to Corporate Governance
Strict adherence to Corporate Governance is one of our guiding principles. Examples include:
First in peer group to require majority vote for directors and annual election of directors (2008)
Maintain independence of all non-executive board members
Institutional Shareholder Services (ISS) score of 3 with third-party validation
Executive compensation tied to shareholder value
Stock ownership guidelines established for Executive Leadership Group and Board of Directors
Commitment to strong Internal Audit structure
Committed to Enterprise Risk Management
Old National is committed to strong Enterprise Risk Management:
Board-level Enterprise Risk Committee
Board-defined Risk Appetite Statement and Enterprise Rick Management Framework
Alignment of business strategy and capital plan with risk appetite
Appropriate governance and organizational structures
Chief Risk Officer role and defined second line of defense structure
Strong and independent stature of risk function within the organization
Expertise and talent recruited, developed and retained within Enterprise Risk Management team
Strong risk assessments, monitoring and reporting
What does our commitment to ethics and risk management mean for you?
