Archives par année de publication: 2023

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How will the Economic Crime and Corporate Transparency Act and the ‘failure to prevent fraud’ offence work in practice?

Fraud is the most common offence in the UK, consisting of 41% of all reported crimes, with losses surpassing £2 billion in 2023. The Economic Crime and Corporate Transparency Act (ECCT) received parliamentary approval on 27 October, 2023. The act aims to crack down on fraud and fraudulent behaviour, specifically targeting large organisations, which are…

COP28 UAE flag blowing in the wind

Why COP28 is about more than politics

The COP28 (2023 United Nations Climate Change Conference) kicked off on Thursday 30 November for 2 weeks. It brings together the signatories of the United Nations Framework Convention on Climate Change,  made up of 197 countries and the supranational European Union. The aim of this annual conference is for countries to agree on objectives and…

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Building an effective environmental strategy

In recent years, discussions around Environmental, Social, and Governance (ESG) matters have gained prominence within organisations. Driven by a global push for sustainability and responsible business practices, the management of ESG-related issues has become increasingly intertwined with a business’s overall performance. From an environmental perspective, the urgency of the climate crisis has pushed ESG issues…

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Why every business needs a materiality assessment

More and more companies are coming under pressure to show not just that they fully understand their environmental, social and governance (ESG) impacts, but that they have plans in place to mitigate them. For any business wishing to respond to that pressure – which comes from employees, customers, suppliers, shareholders and local communities, but in…

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Complying with the Economic Crime and Corporate Transparency Act: what businesses need to do now 

Since the UK Government introduced the Economic Crime and Corporate Transparency (ECCT) Bill in September 2022, there has been much debate as to the scope of the proposed legislation and the impact it might have on reducing economic crime and fraud.  The Act has now received Royal assent, adding a significant piece of legislation to…

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ESG and the increasing risk of greenwashing 

Accusations of greenwashing – a term which refers to unsubstantiated, misleading, or incomplete assertions regarding a company’s environmental performance – have been on the rise in recent years, illustrated by a steep increase in greenwashing litigation and regulatory enforcement. In 2022 alone, 26 greenwashing cases were ruled in courts worldwide, with over 180 cases still…

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Measuring diversity and inclusion in the workplace

Diversity, equity and inclusion (DEI) is crucially important to the way modern business is done. Creating an environment in which everyone has equality of opportunity, irrespective of their identity or characteristics, helps build efficient organisations that are better able to get the best out of their people. Being inclusive leads to higher retention levels, increased levels…

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How to build an inclusive culture in the workplace

In discussions about diversity and inclusion in the workplace, the spotlight often falls on recruitment policies as the primary avenue for change within companies. While these policies are crucial, fostering an inclusive workplace extends far beyond them. From top level training and allocating sufficient resources to the language that is used in day-to-day comms, creating…

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Demystifying the pay gap: How can organisations tackle pay disparities?

Mention the words ‘pay gap’ and you’re likely to find yourself embroiled in a fiercely contested debate. Whilst the gender pay gap has long been in the spotlight, any meaningful approach to pay equity needs to encompass the broader spectrum of protected characteristics, including race, ethnicity, age, disability, sexual orientation, social origin and more. With…