MERRILLVILLE, Ind., March 7, 2016 /PRNewswire/ -- For the fifth consecutive year NiSource Inc. (NYSE: NI) has been designated as one of the World's Most Ethical Companies by the Ethisphere Institute. NiSource is the only company in this year's gas utility category.
According to Ethisphere, the World's Most Ethical Companies designation recognizes companies that work tirelessly to make trust part of their corporate DNA, and in doing so, shape future industry standards by introducing tomorrow's best practices today.
"As a company of 7,500 employees serving nearly four million customers, it is essential that our customers can trust that we have the right systems and culture of ethics in place," said NiSource President and Chief Executive Officer Joseph Hamrock. "This designation demonstrates our commitment to serving our customers with integrity and the highest of ethical business standards."
NiSource is one of 131 companies from 21 countries and five continents honored for leadership in promoting ethical business standards as measured by five key categories: ethics and compliance program; corporate citizenship and responsibility; culture of ethics; governance and leadership; and innovation and reputation.
"Companies rely on Ethisphere to continually raise and measure the standards of corporate behavior. Those that demonstrate leadership in areas like citizenship, integrity and transparency create more value for their investors, communities, customers and employees, thus solidifying a sustainable business advantage," explained Ethisphere's Chief Executive Officer, Timothy Erblich. "Congratulations to everyone at NiSource for being recognized as a World's Most Ethical Company."
The NiSource Code of Business Conduct is the foundation of the NiSource Ethics and Compliance Program. It is designed to provide guidance on how to apply the company's core values and principles to maintain high standards of business conduct. NiSource's Code of Business Conduct is available at www.nisource.com/ethics.
Learn more about NiSource's commitment to ethics and compliance, and sustainability priorities in the 2014 Sustainability Report available at www.nisource.com/sustainability. The 2015 report will be published later this year.
For more information on World's Most Ethical Companies selection methodology and to view the complete list of the 2016 World's Most Ethical Companies, visit http://ethisphere.com/wme. This year marks the 10th anniversary of Ethisphere and the World's Most Ethical Companies designation.
About NiSource NiSource Inc. (NYSE: NI) is one of the largest fully-regulated utility companies in the United States, serving approximately 3.5 million natural gas customers and 500,000 electric customers across seven states through its local Columbia Gas and NIPSCO brands. Based in Merrillville, Indiana, NiSource's more than 7,500 employees are focused on safely delivering reliable and affordable energy to our customers and communities we serve. NiSource has been designated a World's Most Ethical Company by the Ethisphere Institute since 2012 and is a member of the Dow Jones Sustainability - North America Index. Additional information about NiSource, its investments in modern infrastructure and systems, its commitments and its local brands can be found at www.nisource.com. NI-F
About Ethisphere Institute The Ethisphere® 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. Ethisphere honors superior achievement through its World's Most Ethical Companies® recognition program, provides a community of industry experts with the Business Ethics Leadership Alliance (BELA) and showcases trends and best practices in ethics with the publication of Ethisphere magazine. More information about Ethisphere can be found at: http://ethisphere.com.
SOURCE NiSource Inc.