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Misconduct reports to external bodies hit record high
-The US Equal Employment Opportunity Commission (EEOC) had a bumper year in terms of payouts. The EEOC secured a record amount of recovery, more than $535m, for victims of discrimination in the workplace.
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A culture of respect needs the right tools as well as the right tone
-This week saw the swearing-in of US President Joe Biden, who set a strong tone for inclusion and respect when he warned that any political appointee showing disrespect would be fired on the spot. Conduct is set out by your policies and codes and sets the framework and the boundaries for how your people are expected to behave in the workplace. But conduct doesn’t guarantee behavior – this is where culture comes in.
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Financial authority warns of misconduct risk among homeworkers
-The UK’s financial watchdog this week warned that it is seeing an increased risk of financial misconduct among homeworkers due to a lack of oversight and controls over communication tools.
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CDC Foundation introduces app to enhance ethics and empower employees to speak up
-The CDC Foundation is partnering with the workplace misconduct reporting solution Vault Platform as part of its ongoing commitment to create an inclusive workplace and transparent speak-up culture.
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Big Tech faces more employee activism over misconduct handling
-The Alphabet Workers Union aims to pressure the company to prioritize ethics in product development, and take reports of workplace misconduct, including diversity, pay discrimination, and sexual harassment, more seriously.
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Best practice for reducing workplace misconduct through enhanced reporting
-External risks go beyond the fallout of the pandemic. The list includes not just economic risks, but also a wide spectrum of ESG risks (including societal, geopolitical, technological and environmental) which are not expressed using financial metrics – and yet have very concrete financial consequences.
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Why culture is mission critical to compliance
-Join global compliance expert Thomas Fox and the London Stock Exchange’s Chief Risk Officer, Maxine Gee, to discuss the growing joint responsibility between Compliance, Legal, and HR for an ethical company culture.
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Emerging risks in a post COVID-19 world
-External risks go beyond the fallout of the pandemic. The list includes not just economic risks, but also a wide spectrum of ESG risks (including societal, geopolitical, technological and environmental) which are not expressed using financial metrics – and yet have very concrete financial consequences.
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Whitepaper: Compliance with the EU Whistleblower Directive
-On 7 October 2019, the Council of Ministers of the EU adopted a new whistleblower directive (the “EU Whistleblower Directive”), which must be implemented in the EU member states no later than 17 December 2021.
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Resources
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