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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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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…
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…
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…
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…
“The planet cannot afford delays, excuses or more greenwashing”, said The Hon Catherine McKenna, chair of the United Nations High-level Expert Group on the Net Zero Emissions Commitments of Non-State Entities in the UN report “Integrity matters”. This latest statement from the UN adds to the growing pressure pushing businesses from voluntary initiatives to regulatory…
A combination of forthcoming legislation, increasing investor demands and societal pressure means that a business’s value chain is coming under closer scrutiny. GoodCorporation’s latest Business Ethics Debate at the House of Lords sought to explore the approaches businesses are taking when conducting due diligence across their value chains. Hosted by Baroness Neville-Jones, the debate was…
What is a code of conduct and why is it important? A code of conduct is a publicly available, written document that sets out your organisation’s values, rules, standards and principles. Although mainly aimed at employees, an effective code of conduct should also guide your relations with suppliers, business partners, investors and contractors, embodying the…
