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Only four banks in the world have been named as a 2018 World's Most Ethical Company.
And we're one of them!
Our bank has been recognised by the Ethisphere Institute, a global leader in defining and advancing the standards of ethical business practices, as one of the World’s Most Ethical Companies in 2018.
Firefighters Mutual Bank, is a division of Teachers Mutual Bank Ltd, one of the 2018 Worlds’ Most Ethical Companies.
The bank is one of only four honourees in the Banking industry category.
The World's Most Ethical Company assessment is based upon the Ethisphere Institute’s Ethics Quotient (EQ) framework and honours superior achievements in transparency, integrity, ethics and compliance. www.ethisphere.com.
Scores are generated in five key categories: ethics and compliance program (35%), corporate citizenship and responsibility (20%), culture of ethics (20%), governance (15%) and leadership, innovation and reputation (10%).
The 2018 award is for Firefighters Mutual Bank and Teachers Mutual Bank Limited (TMBL), as Firefighters Mutual Bank is a division of Teachers Mutual Bank Limited, a 2018 World’s Most Ethical Company. Prior to 2017, Firefighters Mutual Bank was not part of TMBL so was not included.