Archives par année de publication: 2014

man holding three wooden blocks, two have logos, one has the text 'compliance' on it

Banking Standards Review Consultation – GoodCorporation’s response

GoodCorporation has submitted the following response to the Banking Standards Review SUMMARY OF QUESTIONS Q1. Do you agree with the objective to establish a new independent organisation with the aim of defining and raising standards of conduct and competence in banking? We agree with the objective of creating an independent organisation to champion better banking…

A businessman with a laptop and his team are engaged in a finance discussion and project planning.

GoodCorporation has audited the first companies to receive the Banknote Ethics Initiative accreditation

GoodCorporation has audited the first companies to be accredited under the Banknote Ethics Initiative (BnEI). This initiative aims to raise standards across the banknote industry by requiring its members to follow a code of good practice developed by the Institute of Business Ethics. GoodCorporation translated that code into an audit framework and has also developed…

EU countries pose corruption risks for business

The first EU Anti-Corruption Report, reveals that the playing field for businesses in Europe is far from level. Sixty-nine per cent of the businesses surveyed by the EU (nearly 8,000) felt that paying bribes and exploiting political connections were the easiest ways to obtain certain services. Three quarters of companies surveyed considered corruption to be…

Forewarned is forearmed? So why don’t more businesses encourage whistleblowers?

Whistleblowing hotlines come highly recommended.  The Ministry of Justice includes whistleblowing or speak-up lines as a key bribery prevention procedure in its guidance on the Bribery Act. Under the Combined Code on Corporate Governance, companies listed in the UK are obliged to have whistleblowing arrangements or explain why not. In the US, listed companies are…

big ben and the house of lords

Restoring Trust in Business

GoodCorporation invited Charles Wookey from A Blueprint for Better Business to lead our most recent Business Ethics Debate which posed the question “How can we restore trust in business?” Charles began by questioning the widely accepted philosophy that business is simply about profit and legality. If the only question that matters is “Is it legal…