Logistics companies and their clients run the risk of prosecution under the Bribery Act. Research* carried out by business ethics experts GoodCorporation has revealed that twelve months after the Bribery Act was passed, a significant number of logistics companies appear to have insufficient procedures in place to prevent corruption, which puts themselves and their clients…
Tag Archives: GoodCorporation
“If the government’s review of the banking industry, announced today, focuses on creating more rules it is destined to fail”, said Leo Martin of business ethics advisers GoodCorporation. “Scandals such as mis-selling and more recently LIBOR have been caused by poor behaviour rather than a lack of rules. In order to avoid a repetition of…
Leo Martin of GoodCorporation said: “Britain will remain a soft touch for corporate corruption if the Serious Fraud Office (SFO) fails to demonstrate that it has an effective system in place for investigating those suspected of malpractice. The passing of the Bribery Act last year should have made it easier for prosecutors to catch…
Few organisations have a specific Human Rights policy in place or a nominated individual responsible for monitoring their human rights impact, revealed the latest GoodCorporation Business Ethics debate at the House of Lords. At the debate, only a handful of organisations admitted to conducting fact finding exercises to see what is happening on the ground…
“The key problem with the Government’s welfare-to-work scheme is that it places businesses in the spotlight, facing potential allegations of exploitation. Many large companies have invested considerable amounts of time and money cleaning up their own organisations and putting systems and processes in place to ensure that they employ people fairly and properly. “They have…
Whether or not the reputation of the finance sector is damaged beyond repair depends on the steps taken to establish a robust and honest framework within which it operates. The immediate focus of the financial crisis has quite rightly been on saving the financial system overall, focusing on the wholesale market and inter-bank lending. However…
Government guidance on the Bribery Act (published today) brings a period of uncertainty for British business to a close. Michael Littlechild, director of anti-corruption advisors GoodCorporation, welcomes the clarity the guidance brings to hospitality and facilitation payments, but questions a number of major omissions and out-dated exemptions. “Much of the guidance is clear, straight forward…
British embassies are failing to give enough support to help businesses stamp out demands for bribes and facilitation payments abroad. At a recent debate on ethical dilemmas in the construction industry, held by GoodCorporation at the House of Lords, a number of leading players reported that British Embassies repeatedly failed to take action when demands…
To help businesses test the efficacy of their Anti-Corruption procedures, GoodCorporation has developed an Anti Bribery and Corruption framework. GoodCorporation’s Bribery and Corruption Framework has been designed in the same way as its Standard for corporate responsibility. It has a list of 60 good management practices that companies should follow to protect themselves against the…
GoodCorporation, along with the Institute of Business Ethics has developed the framework and policies for the Banknote Ethics Initiative, launched at the Currency Conference in Athens. Currency News – May 15 2013
