Thrivent named a 2023 World’s Most Ethical Companies by Ethisphere

Recognition honors integrity through best-in-class ethics, compliance and governance practices

Thrivent, a Fortune 500 diversified financial services organization, has been recognized by Ethisphere, a global leader in defining and advancing the standards of ethical business practices, as one of the 2023 World’s Most Ethical Companies.

Ethisphere honors superior achievement through its World’s Most Ethical Companies recognition program, provides a community of industry experts with the Business Ethics Leadership Alliance and showcases trends and best practices in ethics with Ethisphere Magazine, according to a press release. Ethisphere also helps to advance business performance through data-driven assessments, guidance, and benchmarking against its unparalleled data: the Culture Quotient dataset focused on ethical culture and featuring the responses of more than 2 million employees around the world; and the Ethics Quotient dataset, featuring more than 200 data points highlighting the ethics, compliance, social, and governance practices of the World’s Most Ethical Companies.

Thrivent, which has offices in Berks, Chester, Delaware and Montgomery counties, has been recognized for 12 consecutive years and is one of only seven honorees in the financial services industry on the list. In 2023, 135 honorees were recognized spanning 19 countries and 46 industries.

“Thrivent was founded more than 120 years ago to help our members live lives of service and faith, and we’re unique in our focus on generosity and service to the community. One of our core company values is that ‘We Do What’s Right,’ and it’s embedded in our team culture and in the way we do business,” Terry Rasmussen, president and CEO of Thrivent, said in a statement.

A diversified financial services organization that helps people achieve financial clarity, Thrivent and its subsidiary and affiliate companies serve more than 2.3 million clients, offering advice, insurance, investments, banking and products and programs over the phone, online as well as through financial advisors and independent agents nationwide.

“We appreciate the recognition as one of the World’s Most Ethical Companies by Ethisphere, and we’re proud to be recognized with this distinction for the 12th consecutive year,” Rasmussen added. “Our high standard of business ethics and culture of integrity remain at the forefront of Thrivent as we help our millions of clients nationwide meet their financial goals and lead lives of service and faith.”

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 that 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.

“Ethics matters. Organizations that commit to business integrity through robust programs and practices not only elevate standards and expectations for all, but also have better long-term performance,” Ethisphere CEO, Erica Salmon Byrne, said in a statement. “We continue to be inspired by the World’s Most Ethical Companies honorees and their dedication to making real impact for their stakeholders and displaying exemplary values-based leadership. Congratulations to Thrivent for earning a place in the World’s Most Ethical Companies community.”

To view the full list of this year’s honorees, visit https://worldsmostethicalcompanies.com/honorees. For more information about Ethisphere, visit https://ethisphere.com.

Thrivent carries ratings from independent rating agencies which demonstrate the strength and stability of the organization, including an A++ rating from AM Best; an Aa2 rating from Moody’s Investors Service; and an AA+ rating from S&P Global Ratings. Ratings are based on Thrivent’s financial strength and claims-paying ability, but do not apply to investment product performance. For more information about Thrivent,