Vault Platform Blog
Social and environmental risk is financial risk
-A persistent misconception that is only being very slowly eroded is that prioritizing ethics comes at the expense of financial performance. But the evidence suggests this isn’t the case and ethical health is a good indicator of financial health.
Compliance exceptions should not become the ‘new normal’
-When the pandemic first hit businesses had to adapt to survive and as time goes on with no sign of a solution on the horizon many of those ‘quick fixes’ are still in place. But while it’s important for businesses and their respective functions to move with the circumstances, there is a clear requirement for Compliance functions to be aware of new or evolving risks those changes may have presented.
When employee empowerment becomes scary
-Companies of all sizes are under increasing pressure from employees, governments, and customers to drive a strategy that delivers social good as well as shareholder value. Stakeholder value, if you will.
ESG and Compliance for creating real value
-Amid a global rebalancing of corporate purpose for the benefit of all stakeholders, we are seeing more silos being broken down within large enterprises as they seek to combine their ESG (Environmental, Social, & Governance) functions with Ethics & Compliance.
Create a healthy cyber-culture: Stop bullying at work
-Recently, UK law firm Shoosmiths said that cyberbullying claims have “increased substantially” since the onset of COVID-19. “With more of us working from home and using online platforms than ever before to connect with colleagues and clients, the blur between home and work life has seen many abandon office etiquettes.”
2020: The most stressful year ever for employees worldwide
-It may come as no surprise to learn that 2020 has been the most stressful year in history for the global workforce, with repercussions of the COVID pandemic negatively affecting the mental health of 78% of workers worldwide.
How to change a culture tolerant of bad behavior
-The perennial problem for stakeholders responsible for organizational behavior – HR, Compliance and the like – is getting the people who know when something is wrong to tell you about it.
Thank you RBG. It’s now time for us to carry the torch for equality
-Although best known for paving a way to legal and financial equality for women and advocating against discrimination on behalf of both sexes, RBG’s playbook also provided a roadmap for fighting injustices against the LGBTQ community.
The real cost of racial discrimination affects all businesses financially
-A blistering study released this week by Citigroup highlights the “real costs of long-standing discrimination against minority groups, especially against Black people” and exposes it as an economic shortfall borne by all, not just those directly affected.
Business integrity is not optional and silence is the enemy
-“Recognize that integrity is not an optional subject anymore. You’ve got to get over your discomfort as a leader and recognize that silence and ambiguity are the enemies of integrity. This is part of the leadership that your employees and the world need from you.”
