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Gallagher Named One Of The 2018 World's Most Ethical Companies(R) By The Ethisphere Institute—For The Seventh Consecutive Year

ROLLING MEADOWS, Illinois, Feb. 13, 2018 /PRNewswire-AsiaNet/--


-- Recognition honors those who operate with purpose and incorporate integrity 
into their ecosystems.

Gallagher is honored to have once again been recognized by the Ethisphere(R) 
Institute, a global leader in defining and advancing the standards of ethical 
business practices, as one of the 2018 World's Most Ethical Companies 
(http://worldsmostethicalcompanies.com/honorees )(R). 

Logo - https://mma.prnewswire.com/media/640551/Gallagher.jpg  
Logo - https://mma.prnewswire.com/media/640554/Ethisphere_Institute.jpg  

Gallagher has been recognized as one of the World's Most Ethical Companies(R) 
every year since 2012 and is the only insurance broker to have received this 
honor, underscoring the company's ongoing commitment to leading with integrity 
and prioritizing ethical business practices.

In 2018, 135 honorees were recognized, spanning 23 countries and 57 industries. 
The twelfth class of honorees had record levels of involvement with their 
stakeholders and their communities around the world. Measuring and improving 
culture, leading authentically and committing to transparency, diversity and 
inclusion were all priorities for honorees.

"From our company's inception in 1927, Gallagher has always been committed to 
maintaining the highest standards of moral and ethical behavior," said J. 
Patrick Gallagher, Jr., Chairman, President and CEO. "Operating with integrity 
is a critical component of the Gallagher culture and we are truly honored to 
again be recognized as one of the World's Most Ethical Companies(R) in 2018."

"We view the World's Most Ethical Companies(R) award as a great recognition for 
our company. More importantly, we value Ethisphere's research into highly 
ethical operations and we use that information to drive our ongoing improvement 
efforts," added Thomas J. Tropp, Corporate Vice President - Ethics and 
Sustainability for Gallagher.

"While the discourse around the world changed profoundly in 2017, a stronger 
voice emerged. Global corporations operating with a common rule of law are now 
society's strongest force to improve the human condition. This year we saw 
companies increasingly finding their voice. The World's Most Ethical Companies 
in particular continued to show exemplary leadership," explained Ethisphere's 
CEO, Timothy Erblich. "I congratulate everyone at Gallagher for being 
recognized as one of the World's Most Ethical Companies."

Ethics & Performance 
Once again, the 2018 World's Most Ethical Companies have proven that operating 
with integrity leads to greater financial performance. Research has found that, 
when indexed, listed World's Most Ethical Companies outperformed the U.S. Large 
Cap Index over five years by 10.72 percent and over three years by 4.88 
percent. Ethisphere refers to this as the Ethics Premium.

Methodology & Scoring
The World's Most Ethical Companies assessment is based upon the Ethisphere 
Institute's Ethics Quotient (http://worldsmostethicalcompanies.com/ )(R) (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), corporate citizenship and responsibility (20 percent), culture of 
ethics (20 percent), governance (15 percent) and leadership, innovation 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.

Honorees 
The full list of the 2018 World's Most Ethical Companies can be found at 
https://worldsmostethicalcompanies.com/honorees 

Best practices and insights from the 2018 honorees will be released in a report 
and webcast in March and April of this year. Sign up to receive the report 
(http://worldsmostethicalcompanies.com/honorees ). 

About Gallagher
Gallagher, a global insurance brokerage, risk management and consulting 
services firm, is headquartered in Rolling Meadows, Illinois.  The company has 
operations in 33 countries and offers client service capabilities in more than 
150 countries around the world through a network of correspondent brokers and 
consultants.

About the Ethisphere Institute
The Ethisphere(R) Institute is the global leader in defining and advancing the 
standards of ethical business practices that fuel corporate character, 
marketplace trust and business success. Ethisphere has deep expertise in 
measuring and defining core ethics standards using data-driven insights that 
help companies enhance corporate character and measure and improve culture. 
Ethisphere honors superior achievement through its World's Most Ethical 
Companies recognition program and provides a community of industry experts with 
the Business Ethics Leadership Alliance (BELA). More information about 
Ethisphere can be found at: https://www.ethisphere.com. 

Gallagher Media Contact
Linda J. Collins
+1-630-285-4009
linda_collins@ajg.com  

Ethisphere Media Contact
Clea Nabozny
+1-480-397-2658
clea.nabozny@ethisphere.com 

SOURCE: Gallagher