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5 Tips From Financial Committed to a High Ethical Standard

Old National Bank is proud to be a leader in ethics and social responsibility.

Old National Ethics and Social Responsibility

Our firm commitment to ethics and social responsibility drives our approach to business. We believe a commitment to ethical business and social responsibility strengthens not only our company, but also our communities. It also gives our team members the freedom to grow and excel in an open, ethical and highly transparent environment.

  • ESG Report Cover

    Our ESG Report

    Environmental, social and governance (ESG) considerations, and other elements of corporate social responsibility, are integrated and embedded within the policies, procedures and principles that govern Old National and help define our culture.

  • Bloomberg Gender Equality Index 2023

    Member of the 2023 Bloomberg GEI

    We are a member of the 2023 Bloomberg Gender-Equality Index (GEI) for the third consecutive year. The index assesses the performance of public companies dedicated to gender equality and transparency. This year’s result reflects substantial progress across five pillars: leadership & talent pipeline, equal pay & gender pay parity, inclusive culture, anti-sexual harassment policies, and external brand.

  • A small business worker helping a client

    Our Empowerment Small Business Loan

    Old National Bank has created a new Empowerment Small Business Loan Program. Designed for businesses with revenues of less than $25 million and more than 50 percent minority and/or women ownership, the program empowers the Old National lending team to evaluate certain business loan requests outside the traditional decisioning model, which relies heavily on credit scores.

An Industry Leader in Ethics and Corporate Governance

Old National places great importance on adhering to sound corporate governance practices. Here are some of the steps we have taken to strengthen and enhance our approach to corporate governance, risk management and business ethics.

  • Ethics in Action

    • 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 Risk 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
Eric Hassler helping a client

What Does This Mean for Our Clients?

  • Service delivered with transparency and integrity
  • Client communication that is honest and upfront
  • A commitment to corporate social responsibility

World’s Most Ethical Companies and Ethisphere names and marks are registered trademarks of Ethisphere LLC.