In an effort to cut costs and raise revenue, U.K. supermarkets are endangering employees with such abuses as a lack of toilets, unsafe drinking water, and illnesses resulting from exposure to pesticides, says a new report from Oxfam.
ESG/Social Responsibility
Hiring manager: CCOs are in demand, seeing salary bumps
A managing director at an executive search firm that specializes in compliance hires has some advice—and a bit of good news—if you’re looking for a job as a CCO.
Kudos to Business Roundtable for advancing ‘purpose of a corporation’
While some mock the true intent of the Business Roundtable’s newly revised “Statement on the Purpose of a Corporation,” others are lauding the fact that it brings social responsibility into the limelight.
Cathay Pacific execs quit due to Hong Kong protests
Amid pressure from Chinese authorities after initially not penalizing employees for taking part in the Hong Kong pro-democracy protests, two top Cathay Pacific executives have tendered their resignations.
Still under probation, Carnival names chief ethics and compliance officer
Under probation for a history of environmental violations and ordered to restructure its compliance program, Carnival has appointed a new chief ethics and compliance officer as well as a vice president of corporate environmental compliance.
Warren, Dems seek mandatory climate disclosures
Senator Elizabeth Warren (D-Mass.) has reintroduced the Climate Risk Disclosure Act, legislation that would require public companies to disclose their exposure to climate-related risks.
Advancing climate risk management in financial institutions
Financial institutions still struggle with how to manage risks posed by climate change, according to a new report.
Why CEOs today must be change leaders for social issues
The Wayfair walkout represents just the latest high-profile example of how social and policy issues continue to spill into the corporate ethics and compliance realm.
Reps continue push for big bank diversity data
Members of the House Financial Services Committee have sent letters to 37 bank holding companies requesting their diversity and inclusion data.
Report says more companies address climate change, struggle with disclosures
A task force on climate-related financial disclosures found “encouraging progress” in its latest report, though there’s still work to be done when considering financial risks.


