NEW YORK, March 15, 2022 – TIAA, a leading provider of financial services in the academic, research, medical, cultural and government field, has been recognized as one of 2022 World’s Most Ethical Companies® by the Ethisphere Institute, a global leader in defining and advancing the standards of ethical business practices.
“At TIAA, transparency, accountability and integrity are values deeply embedded in our culture,” said Thasunda Brown Duckett, President and CEO of TIAA. “We know our clients want to work with a partner they trust, and we work hard to do right by them, our employees and our communities. We’re honored to be named a World’s Most Ethical Company by Ethisphere for the eighth straight year.”
This year, Ethisphere recognized 136 companies spanning 22 countries and 45 industries. TIAA was one of six financial services companies honored with the recognition and currently boasts eight consecutive appearances on the list.
“Today, business leaders face their greatest mandate yet to be ethical, accountable, and trusted to drive positive change,” said Ethisphere CEO, Timothy Erblich. “We continue to be inspired by the World’s Most Ethical Companies honorees and their dedication to integrity, sustainability, governance, and community. Congratulations to TIAA for earning the World’s Most Ethical Companies designation.”
Grounded in Ethisphere’s proprietary Ethics Quotient®, the World’s Most Ethical Companies assessment process includes more than 200 questions on culture, environmental and social practices, ethics and compliance activities, governance, diversity, and initiatives to support a strong value chain. The process serves as an operating framework to capture and codify the leading practices of organizations across industries and around the globe.
About the Ethisphere Institute
Ethisphere® is the global leader in defining and advancing the standards of ethical business practices that fuel corporate character, marketplace trust and business success. Ethisphere has deep expertise in measuring and defining core ethics standards using data-driven insights that help companies enhance corporate character and measure and improve culture.
Ethisphere honors superior achievement through its World’s Most Ethical Companies recognition program and provides a community of industry experts with the Business Ethics Leadership Alliance (BELA). More information about Ethisphere can be found at: https://ethisphere.com.
TIAA is a leading provider of secure retirements and outcome-focused investment solutions to millions of people and thousands of institutions. It is the #1 not-for-profit retirement market provider1, paid more than $3.6 billion to retired clients in 2020 and has nearly $1.4 trillion in assets under management (as of 12/31/2021)2