2021-03-05T20:11:00+00:00By Aaron Nicodemus
OK, OK, Securities and Exchange Commission. We get the message. Climate and ESG-related disclosures will be under increased scrutiny in 2021.
2021-03-01T18:22:00+00:00By Dave Lefort
The Biden administration is not so quietly making big moves in the area of ESG regulatory initiatives that should give CCOs the cachet to elevate these issues closer to the top of the priority list at their organizations.
2021-02-25T22:39:00+00:00By Compliance Week
Aaron Nicodemus applauds the SEC for taking steps to clarify how companies should disclose economic risks posed by climate change, while Dave Lefort is critical of alleged lapses in data security at Amazon.
2021-02-24T21:03:00+00:00By Aaron Nicodemus
If there were any doubts the SEC under the Biden administration will increase its expectations of public companies to assess and disclose climate change-related risks, they were laid to rest Wednesday.
2021-02-23T15:32:00+00:00By Amii Barnard-Bahn
It’s not realistic to outright ban talk of politics with coworkers, but in today’s polarized climate it’s smart to set policies and educate employees about lines that should not be crossed.
2021-02-16T20:44:00+00:00By Jaclyn Jaeger
The willingness of Murphy Oil and Marathon Oil to adjust their executive compensation frameworks, in part, to better align with their environmental targets is a rarity in the oil and gas industry and deserving of credit, writes Jaclyn Jaeger.
2021-02-16T15:12:00+00:00By Aly McDevitt
Aly McDevitt reviews “The Empathetic Workplace” by Katharine Manning, a practical guide that offers an eye-opening look into how employers should use empathy and soft skills to respond to employees in crisis.
2021-02-11T21:40:00+00:00By Compliance Week
Jaclyn Jaeger lauds two oil companies for raising the bar on ESG commitment in the industry, while Dave Lefort assesses new developments in the Wirecard saga that point to greater failures in the firm’s internal controls.
2021-02-10T21:50:00+00:00By Aaron Nicodemus
Several reports highlight the growing trend of companies recognizing the value of aligning their business models with ESG concerns, acceding to the demands of shareholders, activists, the market, and the public.
2021-02-04T21:41:00+00:00By Compliance Week
Aly McDevitt gives props to Abercrombie & Fitch and its chief ethics and compliance officer for providing an example of marrying values to work, while Dave Lefort wonders aloud why Facebook is just now naming its first-ever CCO.
2021-02-01T21:34:00+00:00By Aaron Nicodemus
The acting chair of the Securities and Exchange Commission has created a new senior policy advisor position on climate change and ESG, another signal the agency will prioritize both areas under a Biden administration.
2021-02-01T14:00:00+00:00By Jaclyn Jaeger
Compliance Week caught up with Anthony Pugliese, the incoming president and chief executive officer of the Institute of Internal Auditors, to discuss his plans for the future of the IIA and the internal audit profession at large.
2021-01-13T21:33:00+00:00By Jaclyn Jaeger
A last-minute rule change by the EPA tucked into the Federal Register without a public comment period is the culmination of a years-long chumminess with high-polluting industries that can’t end soon enough, writes Jaclyn Jaeger.
2021-01-11T21:54:00+00:00By Deborah O’Connor, International Compliance Association
If HR drives diversity and inclusion strategies, the compliance function should play an important part in overseeing related changes in organizational behavior and practices.
2021-01-11T21:26:00+00:00By Aaron Nicodemus
It’s shameful that it took searing images of rioters looting the Capitol building for some corporations to act on the danger President Donald Trump has posed to the country all along, writes Aaron Nicodemus.
2021-01-07T22:33:00+00:00By Compliance Week
In our first Nailed It or Failed It of 2021, Aly McDevitt praises Apple’s decision to link executive bonuses to the company’s values, while Dave Lefort delivers a somber message on Twitter and social media’s role in the riot at the U.S. Capitol.
2020-12-17T17:02:00+00:00By Jaclyn Jaeger
Current events have significantly accelerated the need for companies around the world to link ESG initiatives to their executive incentive plans, according to a recent poll conducted by Willis Towers Watson.
2020-12-16T16:49:00+00:00By Aly McDevitt
A CW survey finds male and female compliance practitioners are processing the pressure points of the pandemic differently, and that fully remote work is leading to a permanently changed future for post-pandemic work schedules.
2020-12-16T16:36:00+00:00By Julie DiMauro
Over the course of reading two books, Julie DiMauro got some important tips and reminders about taking risks, creating success, and being cognizant of those women following in our career footsteps.
2020-12-15T20:08:00+00:00By Aly McDevitt
A recent survey of 180 compliance, risk, and audit professionals asked the question: “What’s your back-to-office plan, and does it work for you?” The short answer was there is no plan, and the status quo is faring better for the company than the employee.
2020-12-09T14:20:00+00:00By Dave Lefort
Many of the things I’d like to see in 2021 are directly related to regulatory changes we anticipate are coming under a Biden administration, but they’re mixed with a few lessons from the pandemic we hope carry into a post-COVID world.
2020-12-08T13:30:00+00:00By Jaclyn Jaeger
From a massive accounting fraud scandal in Germany to deceitful consumer tactics among China-based companies to unethical practices on the environmental front in the United States—CW’s list of the top ethics and compliance failures of 2020 spans the globe.
2020-12-03T21:52:00+00:00By Compliance Week
In our inaugural video edition of Nailed It or Failed It, Dave Lefort praises Nasdaq’s efforts to get the SEC to require board diversity disclosures, while Kyle Brasseur critiques Vodafone’s numerous run-ins with the GDPR.
2020-12-03T21:12:00+00:00By Aaron Nicodemus
The SEC under President-elect Joe Biden will push ESG and climate change-related risk alerts, guidance, and rulemaking that will likely require companies to disclose how these risks affect their bottom line.
2020-12-01T18:19:00+00:00By Jaclyn Jaeger
Nasdaq has filed a proposal with the Securities and Exchange Commission to adopt new listing rules that would impose board diversity disclosure requirements.
2020-11-24T17:21:00+00:00By Aaron Nicodemus
The world’s 250 largest companies are not doing very well in recognizing and measuring financial risks related to climate change, so we’ve got some advice to those who are behind the curve.
2020-11-20T20:13:00+00:00By Jaclyn Jaeger
General counsel have taken on significantly more responsibility since the start of the coronavirus pandemic and amid the current social climate, solidifying their role as a critical business partner, a recent study on corporate legal departments found.
2020-11-16T18:27:00+00:00By Jaclyn Jaeger
Proxy advisory firm Institutional Shareholder Services released updates to its 2021 benchmark proxy voting policy, with the biggest changes this year addressing racial, ethnic, and gender diversity on boards.
2020-11-16T17:14:00+00:00By Jaclyn Jaeger
Financial services firms in the United Kingdom must soon begin reporting what material financial impact they experience from climate change under a new disclosure mandate that is the first of its kind in the world.
2020-11-03T16:40:00+00:00By Jaclyn Jaeger
As more states enact statutes that directly address diversity in the boardroom, corporate boards that have not already done so would be wise to begin strategizing their diversity efforts now.
2020-10-16T17:47:00+01:00By Jaclyn Jaeger
A new report assessing diversity disclosure trends among Canadian public companies also showcases several corporate standouts for chief ethics and compliance officers to benchmark their programs against.
2020-10-08T17:17:00+01:00By Compliance Week
Both the CFTC and CFPB “Nailed It” this week while corporate heavyweight General Electric found itself in more trouble.
2020-10-05T20:59:00+01:00By Jaclyn Jaeger
From local governments around the world to U.S. regulators to activist investors, the debate over corporate climate-related risk disclosures is approaching a boiling point.
2020-09-29T20:29:00+01:00By Erin Lynch
Compliance Week interviews Jennifer Newton, founder and CEO of the National Association of Black Compliance & Risk Management Professionals, to get her take on diversity and inclusion efforts in the profession.
2020-09-29T20:05:00+01:00By Jaclyn Jaeger
Experts offer best practices on how to ensure your D&I policies, training, and resources are sufficient at this social and cultural inflection point.
2020-09-29T18:24:00+01:00By Compliance Week
We asked nine prominent chief compliance officers what they can do or are doing to create a more progressive workplace.
2020-09-29T14:00:00+01:00Provided by Ceres
The climate crisis poses a systemic risk that affects the stability and competitiveness of U.S. financial markets.
2020-09-25T20:27:00+01:00By Compliance Week
Bank of America gets a pat on the back for going beyond an “observe and report” approach to filing a SAR, and we learned this week that Wells Fargo’s CEO needs a little unconscious bias training.
2020-09-17T20:32:00+01:00By Compliance Week
Volkswagen gets a nod this week for successfully completing its 3-year compliance monitorship related to Dieselgate. Deloitte, on the other hand, lands on the wrong side of our list.
2020-09-16T16:45:00+01:00By Jaclyn Jaeger
A nearly 200-page report on managing climate risk in the U.S. financial system is comprehensively assembled by a group spearheaded by CFTC Commissioner Rostin Behnam, but the real work comes in its implementation.
2020-09-08T15:46:00+01:00By Martin Woods
Where would companies be if employees hadn’t adjusted to working from home so well during this pandemic? The least firms can do is pay them back for their hospitality, writes Martin Woods.
2020-09-04T16:58:00+01:00By Jaclyn Jaeger
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.
2020-08-27T15:08:00+01:00By Compliance Week
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.
2020-08-25T14:00:00+01:00Provided by True Office Learning
As mindsets shift from “managing through” to “moving forward with purpose” for many, how does compliance play a role in helping organizations heal in the realm of bias, diversity, and racial equity?
2020-08-13T14:37:00+01:00By Compliance Week
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.
2020-08-06T20:41:00+01:00By Compliance Week
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.
2020-07-30T18:18:00+01:00By Compliance 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.
2020-07-22T18:30:00+01:00By Compliance Week
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.