Knights of Columbus Win Prize for Ethical Business Practices


Hooray for the Knights!

Ethisphere Institute has named the Knights of Columbus life insurance company to its 2014 World’s Most Ethical Companies. The Knights were one of only two life insurance companies to earn this honor.

From Catholic News Agency:

.- The fraternal organization the Knights of Columbus has been recognized as one of the world’s most ethical companies by a research center on best practices in corporate ethics and governance.

“This really speaks to the fact that a company can be committed to Church teaching, committed to Catholic values, and still provide a top quality service and be very successful at what they do,” Andrew Walther, vice president for communications and media with the Knights, told CNA March 21.

Timothy Erblich, CEO of the Ethisphere Institute, announced the award March 20, saying, “the Knights of Columbus join an exclusive community committed to driving performance through leading business practices. We congratulate everyone at Knights of Columbus for this extraordinary achievement.”

The institute named the New Haven, Conn.-based Catholic fraternal organization and life insurance company to its 2014 World’s Most Ethical Company list. The Knights is only one of two companies in the life insurance category to be recognized.

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  • Theodore Seeber

    I liked this *until* I read the list of some of the other businesses they consider ethical. Quite the morally relativistic list that is.
    edit—I also notice a mistake in the CNA article. Most people don’t know this, but there are two sides to the Knights of Columbus- the fraternal order and the insurance business. It was the Insurance Business, not the fraternal order, that got the award.