All ESG/Social Responsibility articles – Page 18
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Mondelēz International latest to enhance tracing of palm oil sourcing
Mondelēz International has become among the latest consumer goods companies to tighten its sourcing requirements for palm oil, improving its traceability of suppliers. But recent analysis also finds the industry has a long way to go in its progress.
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Credit to KPMG for shining a light on fraud at Wirecard
A scathing report on the extensive fraud at German payment giant Wirecard had a compliance silver lining: KPMG’s by-the-books, transparent approach to a special audit helped bring that fraud to light.
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McDonald’s handling of ex-CEO scandal gets compliments, criticism
A fresh podcast from the Theranos whistleblower and a new compliance association for Black practitioners get a round of applause from us this week, while a complicated case involving McDonald’s lands the company on both the “Nailed It” and “Failed It” lists.
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CCOs show resilience in early survey data; compliance-blind NRA in crosshairs
The National Rifle Association “Failed It” big time if a suit alleging a lack of compliance controls proves true. Meanwhile, we tip our caps to the stalwart CCOs who carry on despite a cut in pay and resources due to the pandemic.
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What do FIFA chief, ‘Florida man,’ and Trump have in common? All Failed It this week
The lesson in this week’s edition of “Nailed It or Failed It?” is the more things change, the more they stay the same.
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Nailed It or Failed It? Disney sends anti-hate message to Facebook
In this week’s “Nailed It or Failed It?”, Disney gets kudos for throwing its weight behind the #StopHateForProfit protest, while PG&E earns criticism after being found responsible for yet another California wildfire.
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Kudos to TikTok, tech brethren; Starbucks & Luckin have us soured on coffee cos.
In the inaugural edition of our weekly “Nailed It or Failed It?” feature, we give TikTok and other tech companies a pat on the back and shake our heads at the actions of Starbucks and Luckin Coffee.
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Adidas vows more ‘diverse and inclusive’ workplace after key exec departs
Footwear and apparel giant Adidas is focused on improving its diversity efforts after its head of global human resources stepped down following controversial remarks on race that angered employees.
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EPA enforcement discretion policy to end next month
The Environmental Protection Agency has revised its temporary—and controversial—enforcement discretion policy regarding environmental legal obligations during the coronavirus pandemic, establishing an end date of Aug. 31.
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What are expectations of compliance at a negligent company like PG&E?
Financial crime expert Martin Woods wonders about the compliance priorities of a company found to be as reckless as Pacific Gas and Electric.
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Law enforcement reform should take a cue from compliance
Just as companies must answer to their stakeholders, our public leaders and institutions need to be held more accountable to their constituents.
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Imagining a utopian food supply chain
If the coronavirus pandemic has taught us anything, it’s that we need a more resilient food supply chain. Jaclyn Jaeger explains what that could look like and how the public and private sector could play their parts.
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Carnival CECO trying to right the ship amid ‘two storms’
The entire cruise industry was hit hard by coronavirus, but for Carnival CECO Peter Anderson the challenges were twofold: How to steer his company through both a compliance monitorship and a global pandemic.
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Nine AGs sue EPA over non-enforcement policy
A coalition of nine attorneys general filed a federal lawsuit against the EPA in response to the agency’s policy that it will stop enforcing requirements under a wide range of federal environmental laws during the coronavirus pandemic.
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How some companies are hedging supply chain risk during pandemic
As financial hardships caused by the coronavirus pandemic take their toll, some forward-thinking companies have made changes to the benefit of suppliers, serving as leaders for others in their industry.
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The seven worst compliance fails of the coronavirus pandemic
Compliance and ethics fails during the coronavirus pandemic have done more than hurt companies’ images. They’ve cost lives.
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European regulators warn coronavirus villains will be punished … eventually
While EU regulators have not engaged in investigations yet or launched many (or any) coronavirus-related enforcement actions, lawyers warn they will do so later down the line and believe they will tackle “worst offenders” first.
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House Democrats call EPA enforcement pause ‘threat to public health’
House Democrats are concerned that a temporary rollback of some environmental regulations will give companies “an open license to pollute” and have requested the EPA provide a briefing on its decisions next month.
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Do ethics truly pay? PPP fiasco may tell us
Just because a company can qualify for a government coronavirus aid loan doesn’t mean it should accept one—it could mean the difference between a successful brand and an unethical countenance.
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Did Goliath steal David’s money in first round of business rescue funds?
Even as Congress works to refill a federal loan fund meant to help small businesses survive coronavirus shutdowns, some large, publicly traded companies are taking heat for receiving the loans.