FRCulture has risen up the agenda in recent years for businesses, investors, and regulators alike. Companies are now faced with the challenge of how to measure, monitor, and report on it. Under the revised UK Corporate Governance Code published by the Financial Reporting Council (FRC), companies with a premium UK listing will be required to…
Author Archives: goodcorporation
An organisation’s culture is defined as the habits of the people within it and the way they behave. In the workplace, the day-to-day interplay between these habits and behaviours can determine what practices are accepted, expected, rejected or rewarded. Writing in HR Magazine, Michael Pollitt and Debbie Ramsay examine the role of HR in helping…
Labour’s party conference announcement that it would force all large firms to give workers shares received a mixed reaction from reward and corporate governance experts. GoodCorporation’s Michael Littlechild joined other business leaders offering comment to HR Magazine. September 2018
The Criminal Finances Act (the Act) introduced two new corporate criminal offences which came into force in September 2017. One is failing to prevent the facilitation of UK tax evasion by associated persons and the other is failing to prevent the facilitation of foreign tax evasion by associated persons. Since then, organisations can be held…
“The best way to ensure an ethical future for AI is to invent it together” – Dario Amodei, research scientist, OpenAI Despite the widespread use of artificial intelligence (AI) across a range of industries and services no country has established, as yet, an ethical or legal framework to govern its use and development. Although a…
The 25th of May is not the finish line that many envisioned: GDPR is not over. Elizabeth Denham, head of the ICO, describes GDPR compliance as an ongoing journey that requires continuous effort. She says that businesses “will be expected to continue to identify and address emerging privacy and security risks in the weeks, months…
Does your organisation have a stand-alone ethics and compliance function? What is the reporting line? How often does your organisation carry out due diligence checks on third parties? Does your organisation have an ABC-specific risk assessment progress? These are just some of the questions posed at the compliance programme benchmarking session moderated by GoodCorporation at…
Following the publication of the new UK Corporate Governance Code last month, corporate culture looks set to become a boardroom issue. While most boards recognise the importance of culture, a survey of FTSE 350 board directors in 2016 found that only 19 per cent felt that the primary accountability for their company’s culture sat with…
With poor corporate culture perceived to be a business risk in itself, what should companies be doing to mitigate that risk and ensure they have the right culture in place? GoodCorporation asked L’Oreal’s Senior Vice President & Chief Ethics Officer, Emmanuel Lulin to explore the value, strategic importance and practicalities of measuring corporate culture at a…
