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…
Tag Archives: GoodCorporation
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…
With the increase in emerging human rights legislation, notably the proposed EU Corporate Sustainability Due Diligence (CSDD) Directive which is likely to impact UK businesses with operations in Europe, the new Norwegian Transparency Act, the German Supply Chain Act and others, GoodCorporations’s first Business Ethics Debate of 2023 explored how companies should respond to emerging…
Bennett Freeman Associate Fellow of Chatham House shares his opening remarks at GoodCorporation’s Business Ethics Debate on ‘The changing pace of human rights legislation and what this means for business‘. It is an honor to be with Baroness Young of Hornsey, one of the great champions of social and racial justice in modern Britain as…
The start of 2023 has been overshadowed by significant economic fallout from the Ukraine war and the continuing impacts on supply-chains from China’s slow opening up, political concerns about China, the lingering impacts of Covid and, for us in the UK, Brexit. For ethics and compliance officers there is so much going on that it…
Risk is an inherent part of a business. It refers to the uncertainty, potential loss, or adverse outcomes a company may face due to its business activities. Businesses may encounter a variety of risks, including operational, behavioural, strategic, financial, legal, and reputational. However, there is one risk that encompasses all of these – corruption*. Bribery…
As human rights legislation continues to evolve, businesses are under increasing pressure to identify and address any human rights impacts. As part of that process, businesses are being mandated to undertake human rights due diligence in an ever-growing number of jurisdictions. The pressure for human rights due diligence Human rights due diligence refers to the…
It is widely accepted that organisations have a duty to manage both their human rights and climate change impacts. This was reinforced when the United Nations Human Rights Council acknowledged the human right to a safe, clean, healthy and sustainable environment. To explore these issues in more detail, GoodCorporation consultant Lucie Bonpain, spoke to Anna…
GoodCorporation founder and director Leo Martin joined Peter van Veen, Director, Corporate Governance and Stewardship at the ICAEW and fellow panellists to discuss the role of the board in resolving ethical dilemmas where there is no clear solution. Their discussion explored the ways in which the board often needs to balance the strategic issues with…
In the last of our 2022 debates at the House of Lords, Baroness Brown of Cambridge hosted GoodCorporation and the Royal Academy of Engineering (the Academy), together with representatives from across the UK engineering sector, to consider the challenges of managing ethics in engineering. Professor David Bogle, President of the Institution of Chemical Engineers (iChemE) and Pro-Vice-Provost…
