Thrivent Ethisphere “ethics recognition”  2019 World’s Most Ethical Companies, One of best awards money can buy?, Chris MacDonald: take awards “with a grain of salt.”

Thrivent Ethisphere “ethics recognition”  2019 World’s Most Ethical Companies, One of best awards money can buy?, Chris MacDonald: take awards “with a grain of salt.”

“The lady doth protest too much, methinks”… “Hamlet”, William Shakespeare

“the awarding of an ethics accolade to a company that gives you money just doesn’t pass the smell test.”…LA Times October 27, 2014

“The secret of life is honesty, and fair
dealing. If you can fake that you’ve got it made.”…Groucho Marx

 

If your company is ethical, you should not have to advertise it. Customers, employees and those you deal with will know.

From Thrivent February 26, 2019.

“THRIVENT NAMED ONE OF THE WORLD’S MOST ETHICAL COMPANIES® BY ETHISPHERE FOR THE 8TH TIME”

“Thrivent, a not-for-profit membership organization that helps members be wise with money and live generously, has been recognized by the Ethisphere Institute, a global leader in defining and advancing the standards of ethical business practices, as one of the 2019 World’s Most Ethical Companies.

Thrivent has been recognized eight years in a row and is one of only five honorees in the financial services industry.

In 2019, 128 honorees were recognized spanning 21 countries and 50 industries. The 13th class of honorees profoundly illustrates how companies continue to be the driving force for improving communities, building capable and empowered workforces, and fostering corporate cultures focused on ethics and a strong sense of purpose.

“We’re proud to once again be named one of the World’s Most Ethical Companies,” said Terry Rasmussen, president and CEO of Thrivent. “At Thrivent, we are purposeful and intentional about following ethical business practices and ensuring our actions reflect commitment, collaboration and care. Setting this high standard helps us fulfill our mission of serving more Christians on their wise with money journeys.”

Said Ethisphere’s Chief Executive Officer, Timothy Erblich: “Today, employees, investors and stakeholders are putting their greatest trust in companies to take leadership on societal issues. Companies that take the long view with a purpose-based strategy are proven to not only outperform but last. I congratulate everyone at Thrivent for earning this recognition.”

Methodology & Scoring
The World’s Most Ethical Companies assessment is based upon the Ethisphere Institute’s Ethics Quotient® (EQ) framework, which offers a quantitative way to assess a company’s performance in an objective, consistent and standardized manner. The information collected provides a comprehensive sampling of definitive criteria of core competencies rather than all aspects of corporate governance, risk, sustainability, compliance and ethics.

Scores are generated in five key categories: ethics and compliance program (35 percent), culture of ethics (20 percent), corporate citizenship and responsibility (20 percent), governance (15 percent) and leadership and reputation (10 percent). All companies that participate in the assessment process receive their scores, providing them with valuable insights into how they stack up against leading organizations.”

Read more:

https://www.thrivent.com/newsroom/thrivent-named-one-of-the-worlds-most-ethical-companies-by-ethisphere.html

Why does Thrivent go to such lengths to tout this award?

Is Thrivent buying this award?

Does the award really mean anything?

Consider the following:

“For the last seven years, Thrivent has been honored to be named a World’s Most Ethical Company,” said Brad Hewitt, CEO of Thrivent. “As we serve our members and carry out what it means to be an ethical company through our actions and business practices, we are pleased to be recognized as leaders in setting a standard that we hope will continue to develop within the business community.”

_____

“The Ethisphere Insitute, which describes itself as “a leading international think-tank dedicated to the creation, advancement and sharing of best practices in business ethics, corporate social responsibility, anti-corruption and sustainability,” is actually a for-profit company. The institute also lends itself credibility with an “advisory panel” of ethicists, yet several former members say they’ve had little if anything to do with it. Finally, the institute and an affiliated company sell services to and collect fees from some of the same companies Ethisphere extols.”

“The scoring is based mostly on information provided by the companies themselves, and Ethisphere says its questionnaire should take 30 to 40 minutes to complete. Ethisphere then asks companies for documentation to support survey answers and reviews other sources, such as news articles, court records, and Consumer Reports. Ethisphere says it reviewed more than 10,000 corporations for last year’s list.

Brigham acknowledges that the system is imperfect. “Could they be lying to us?” he says. “Sure, they could. … Over time, we’re going to have to figure out how to verify that. And no one is going to pay us to verify it, and if we try to charge them to verify it, we’re going to have reporters like you make it sound like we’re getting paid off.”

Ethisphere says its methodology was developed with the help of a panel of independent experts. But as I dialed up half a dozen of the 20 committee members, I found only one (George Ash) who said he actually contributed to shaping the methodology. Others said they made a suggestion that wasn’t heeded (Thomas Donaldson), or didn’t seriously analyze the methodology (Patrick Barwise, John Dienhart, Chris MacDonald), or didn’t know they were on the panel (Karen Paul). Ethisphere says that it assumed panel members who didn’t respond to its queries simply agreed with the methodology and that each member explicitly agreed to be on the panel. Since my inquiries, Ethisphere has named a new, smaller panel, and none of the people I spoke to are still on it.”

“It’s tempting, of course, to dismiss all this as just corporate window-dressing, and in fact Canadian ethicist Chris MacDonald, who until recently was on Ethisphere’s advisory panel, warned me to take such awards “with a grain of salt.””

_____

“Apparently, Blue Shield and Ethisphere haven’t quite grasped that the appearance of a conflict can be just as troubling as an actual conflict.

Nor do they seem to understand that the awarding of an ethics accolade to a company that gives you money just doesn’t pass the smell test.

Hey, remember when things like ethics mattered?

Blue Shield doesn’t. Neither does the Ethisphere Institute.”

https://citizenwells.com/2018/05/27/thrivent-buys-ethics-awards-touts-christian-values-the-ethics-of-firms-paying-to-be-honored-for-ethics-ethisphere-institute-worlds-most-ethical-companies-thrivent-touts-these-ethics-awa/

 

More here:

https://citizenwells.com/

http://citizenwells.net/

 

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28 responses to “Thrivent Ethisphere “ethics recognition”  2019 World’s Most Ethical Companies, One of best awards money can buy?, Chris MacDonald: take awards “with a grain of salt.”

  1. citizenwells

    “The ethics of firms paying to be honored for ethics
    “It’s apparently a point of honor among some corporations to be named one of the World’s Most Ethical Companies. There already are rankings, after all, for the World’s Most Admired Companies and the Best Companies to Work For.”

    https://www.latimes.com/business/la-fi-lazarus-20141028-column.html

  2. oldsailor86

    CW……..
    …………there is NO END to the criminal scheming of the upper echelon of many so called “CORPORATIONS”. Some are even NON PROFIT STATUS. Such people are the worst form of humanity.

  3. AND NOW………..
    …………the rabid foaming at the mouth, liberal LUNATIC……ATOM SNIFF has finally gone over the edge. He says he has absolute proof that it was millions of RUSSIANS who pressed the voting machine buttons throughout America in 2016. Such an assertion tells the story about MR.SNIFF’S mental condition. HE HAS BECOME A RAVING LUNATIC !!!

  4. oldsailor86

    AND EARLIER TONIGHT………..I heard another tiny morsel of information to think about. Again it came from Lil Barry’s own pie hole. He was giving a little talk about himself, when about a third of the way through it he began talking about where his father came from. He followed that with the words SO I WENT “BACK” TO KENYA to visit my grand mother. Why did he use the words “BACK TO KENYA.” Had he been born in Hawaii he would not have used the word BACK. He had just moments prior stated that he had never been to Kenya……….so I wonder why he used the words “WENT BACK,” This would imply that he had been there before. This seems to agree with something he said at Kogele Kenya in 2018. At Kogele he was also speaking to an audience. During his oratory, he stated”I AM THE FIRST AMERICAN PRESIDENT TO COME FROM KENYA. “Those words came from his own pie hole.

  5. oldsailor86

    SO…….
    ……..since nothing was done about Soetoro’s ineligibility there is now legal precedent established. The NBC provision for the American POTUS is NOW DEAD. In looking at the backgrounds of a couple of DEMOCRATIC candidates they are ineligible yet they are being allowed to legally run for POTUS. With established PRECEDENT now existing Vladimir Putin could legally run for POTUS. All he would need to show is that nothing was done to stop Barry Soetoro..

  6. oldsailor86

    I FEAR………
    ………….that our Constitution is now a thing of the past.

  7. AND TODAY……..
    ………..Mzzzzzzzzzzzzzzzzz.Omar is perilously close to FULL CENSURE by Congress……yet she remains defiantly anti sematic towards Israel. She needs to have an ultimatum put before her…..EITHER SHE CLEANS UP HER ACT,OR SHE RESIGNS FROM congress. There is no place in Congress for anyone with her mentality. She behaves as though she has little education. There is a need for the requirements for all Congress people to be sworn to individual behavior codes, which have teeth with ejection from Congress being the ONLY PENALTY.!!!! Mzzzzzzzzzzzz. Omar, Mzzzzzzzzzzzzz Tlaib, and Mzzzzzzzzzzzzzzzz Cortez, are three people who need to hear THE RIOT ACT, READ TO THEM BY MZZZZZZZZZZZZZZZZ. IMPORTANT.

  8. AND WHEN………
    …………MZZZZZZZZZZZZZZZ. IMPORTANT IS FINISHED WITH THE CORRECTIONS, SHE NEEDS TO ADD THE WORDS “YOU HAVE JUST HEARD THE ONLY WARNING YOU WILL RECEIVE”. tHIS MORNING MZZZZZZZZZZZZZZZZ, DEBBIE DINGELLBERRY OF MICHIGAN IS DEFENDING ALL THREE OF THE FEMALE MORONS………WHICH MAKES HER A MORON AS WELL. The dems had better get these three tied down because they could finish off the Democratic party. In addition the Dems need to take action against Nadler, and Schiff. Both are seriously twisted in their thinking processes. Their hate has taken possession of them to the extent that they can no longer think objectively……..not that they ever did to begin with. There is a communicable pernicious psychosis fast spreading throughout the Democratic party. It is a sort of IRRATIONAL HYSTERIA, which could take the entire party over the brink and into a permanent state of complete paralysis. Their irrational hysteria has deepened into what could end up as their LAST GASP.!!!!

  9. AND WITH ALL……..
    …….OF THIS we are witnessing the beginning of the END of our FREE COUNTRY. Soon the SNOTNOSES will vote in a SOCIALIST form of government, because they have bought into the NOTION of EVERYTHING FOR FREE. They can’t see past the end of their noses………eventually America will become a carbon copy of Venezuela, and the rest of the world will then SPIT on America. Sadly our snotnoses will not wake up until AFTER THE FACT …….at which point it is FAR TOO LATE.!!!!

  10. oldsailor86

    AND TODAY……….
    ………another step was taken towards a Socialist government. The democrats are planning to heavily tax all stock trades in America to raise money for NEW GREEN DEAL. They think this will raise 770 billion. It might INITALLY, but when all stock transactions DIMINISH to nothing all that will have been accomplished is the RUINATION of our stock markets. I wonder where they will try to impose more tax next after they have ruined the stock market. Perhaps it will be a tax on ALL monetary holdings, including personal bank accounts, the market value of gold and silver, which includes personal jewelry.

  11. oldsailor86

    AND NOW……….
    …………Mzzzzzzzzzzzzzzzzzzzz. Acasio knows all there is to know about military action. She says Usama Bin Laden should never have been murdered by America…….even though 9-11 was mostly his plan. In other words according to Mzzzzzzzzzzzzzz Acasio we had no right to respond to the attack on America. I don’t know who she thinks she is but she is in dire need of some EDUCATION……….SHE SOUNDS LIKE A MORON. As time passes this fact might well be confirmed where she is concerned.

  12. oldsailor86

    additional questions………
    ” I am the FIRST AMERICAN PRESIDENT to have COME FROM KENYA”. ……………”when I RETURNED to Kenya”……….these two statements came from his own PIE HOLE. To this day he is still NOT A US citizen. HEY ICE WHEN ARE YOU GOING TO DEPORT THE DEVIANT BASTARD? HE IS IN AMERICA ILLEGALLY.

  13. AND THE………..
    ………….the liberal IRRATIONAL HYSTERIA deepens even more. Now they are unable to come up with adequate anti semantic language for their anti sematic bill. HEY CONGRESS HOW ABOUT TELLING THE MORONS WHO ARE BLABBERING THEIR BS TO “KNOCK IT OFF OR BE DISCHARGED FROM CONGRESS”.

  14. SORRY FOR THE INCORRECT SPELLING OF SEMITIC. SO MUCH FOR PROOF READING AFTER THE FACT.

  15. oldsailor86

    AND NOW………
    ………….it is clear that the US Congress has become an INSANE ASYLUM. All we now hear is MASS INCOHERENT, HYSTERICAL BABBLE from all of the liberal lunatic left, and the same from a growing number of people who call themselves REPUBLICANS. The mindset of all is one that will NOT CHANGE until a thousand ships come over the horizon and disgorge a million armed soldiers upon our beaches where mass murder of Americans will begin…….yet it is probable that the Congress would not even see that as a national emergency. Only when their own doors are kicked down and their own families shot down will the people in Congress come to their senses………….at which point it is TOO LATE! All we have in government is 525 Neville Chamberlains.

  16. AND………
    ………….as each day passes America continues to DECLINE. Congress will deliberately sit idly by and watch America be destroyed…….and NOW with the help of Muslim Islamic ELECTED FEMALE JIHADIS who have made their hate of America clear to everyone………..worse they have been given FREE rein to ACT against our country. These elected JIHADIS are being aided by the extreme left of the democratic party………..and SADLY Americans stand idly by and watch as their country is being destroyed. This tells me that America’s days are NUMBERED. Mzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz. TLAIB has referred to our President as a MOTHER——, It is clear the Mzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz. TLAIB is one of the ELECTED ENEMY JIHADIS. She has made her disdain for America quite plain. Now it is time to send her back to DEARBORN IN DISGRACE. Somehow I have a feeling that our snotnosed Americans WELCOME the JIHADIS. Many of our young people have bought into the FREE EVERYTHING NOTION being promoted by the SOCIALIST A$$HOLES. SADLY our young people cannot see past the end of their pizza, and joints.

  17. CW,

    Even before I got into the article, my first thought was: ‘Bought and paid for.’ Thrivent uses the purse to make themselves look ethical however, your experience (and that of many others, I’m sure) suggests just the opposite.

    Your previous articles detailing some of the staff’s (and former staff) feedback as to the kind of company they really are says it all. We have the same situation at my place: If you want a true picture of what’s happening, DON’T talk to the administrators, talk to the employees who are in the trenches every day and KNOW what’s going on. Quantitative analyses are just that-I do it every day-but numbers don’t give you the real scoop about what’s really happening internally.

    I would like to award the maximum of 6 Bozos to Thrivent Ethisphere; now *there’s* an award they deserve!

  18. SueK………….
    ………..as sad as it is there is pathetically little that any of us can do to thwart the likes of Thrivent……..but wouldn’t it be nice if we could show all of their clients what they are really up against? I have a gut feeling that enough of their clients might just turn to other insurance companies who have honest track records. I believe that such a loss of business would NOT go unnoticed on the bottom line of their balance sheet. Good for what ails them!!!!! Further I fail to understand how Thrivent is able to operate as a for profit company while under the umbrella of tax exempt entity. Somebody is paying somebody to look the other way. This should be brought before the IRS for investigation. My guess is Thrivent is led by a LIBERAL DEMOCRAT CEO who gives huge sums of money to LIBERAL CANDIDATES. Therein probably lies the reason why Thrivent continues to get away with their banditry. I have always read that a for profit company cannot legally operate within a tax exempt shelter. I believe this is still the law.

  19. oldsailor85+
    and…..as each day passes America continues to DECLINE

    Is it worse today than yesterday ..Well let’s see. The Democrats have no leadership and NO clear message. What do Democrats stand for?
    Promoting Socialism, Promoting Open Borders, Promoting Infanticide, Take over private health care, Abolish ICE and the IRS. Gut the Military. Take control of the environment with the Green New Deal.
    When will Democrats wake up and leave their party? Op’s forgot Getting rid of President Trump. The Dem’s need to start closing the doors on their party affiliation.

  20. oldsailor86

    hapnHal………..
    ……………once upon a time I voted for a Democrat………JFK. That was the very last DEMOCRAT I ever voted for. I swallowed his line of BS. I respected him for his WW2 Navy service. He turned out to be a womanizer. Apparently Jacqie wasn’t enough for him. FDR even had his mistress as well. I am sure Eleanor knew about his mistress also……but she kept still about it. I don’t remember IKE or Tricky Dicky having women on the side…….but who knows what goes through the minds of people in high places.
    As for party affiliation the DEMOCRATS have always been a mafia type of group. In the old days if you screw up you ended up missing forever. Fast forward……Seth Rich discovered the DEMOCRATIC SOLUTION.

  21. oldsailor86

    AND TODAY…….
    ……….we are witnessing a potential ticking nuclear time bomb sitting next to Atom Sniff. The bomb will explode……….the bomb is now hanging on a chain around his scrawny little neck. The now public Bruce Ohr testimony tells the story in detail. In addition Atom Sniff has been doing witness tampering. he spent over 10 hours conducting a closed door collusion with Cohen.” MARTY” SNIFF could soon be facing a lot of questions,and subpoenas himself.

  22. fhl,

    Good to read you; missed your posts…they always make me backdraft coffee out my nosey :).

  23. oldsailor86

    fhl …………
    ………….been missing your CANDOR……….BIGTIME. Nice to see you back!!!!!

  24. hapnHal | March 8, 2019 at 12:37 am |
    It’s okay–the more this is exposed, the more Trump gains followers.

  25. oldsailor86

    JJ…………
    ……….I am praying hard that the bomb hanging around “MARTY” SCHIFF’S scrawny neck explodes very soon. The fuse has been lit by Bruce Ohr. When that happens the INSANE lawsuits, investigations, and subpoenas will CEASE. DOJ will now be forced to respond. The holdovers from the Soetoro administration are the officials who are causing most of the problems within the DOJ. Nadler is the other twisted psychopath.

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