Business ethics is the biggest risk business face today
-Over the course of the last 12 months, business ethics has shifted from being a sizable but somewhat intangible risk…
Impact of Remote Work on Ethics & Compliance
-The move to remote work has significant impacts on Ethics & Compliance programs. To study the issue in greater depth, Vault Platform joined an Ethics and Compliance Initiative (ECI) working group looking at the impact of remote work on strategy, risk management, culture, speak up climate and processes, and accountability.
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.
Vault Magazine: The Ethics Issue
-If you look at public sentiment, government and regulator action, and employee activism, it’s clear that doing the bare minimum required to comply with the law is no longer enough as companies are pushed by their employees, governments, and customers to step up and adopt a multi-stakeholder approach that serves social purposes as well as investor demands.
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.”
Without culture, your HR policies are just paperwork
-Vault Platform will be delivering a workshop as part of the HR of Tomorrow conference on
Tuesday, September 22nd, 11:00am BST
The role of compliance in speak up culture
-One of the many things 2020 will be noted for is an increased focus on the intersection between the functions of compliance, legal, and HR – more specifically regarding the direction of a company’s culture and whether the company and its employees act with integrity.
Encouraging internal reporting is encouraging ethical behavior in the workplace
-Many well-meaning financial institutions strive to maintain a positive reputation for ethics, fair dealings and tight controls. But many rely on an antiquated system for employees to report misconduct and fraud.
Posts tagged with ‘ethics’
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