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.
2020-07-09T19:36:00+01:00By Compliance Week
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.
2020-07-06T21:26:00+01:00By Jaclyn Jaeger
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.
2020-07-01T17:16:00+01:00By Jaclyn Jaeger
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.
2020-06-29T15:39:00+01:00By Martin Woods
Financial crime expert Martin Woods wonders about the compliance priorities of a company found to be as reckless as Pacific Gas and Electric.
2020-06-04T15:37:00+01:00By Dave Lefort
Just as companies must answer to their stakeholders, our public leaders and institutions need to be held more accountable to their constituents.
2020-05-19T20:19:00+01:00By Jaclyn Jaeger
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.
2020-05-14T19:24:00+01:00By Jaclyn Jaeger
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.
2020-05-06T20:21:00+01:00By Jaclyn Jaeger
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.
2020-05-05T16:40:00+01:00By Aaron Nicodemus
Compliance and ethics fails during the coronavirus pandemic have done more than hurt companies’ images. They’ve cost lives.
2020-05-05T15:14:00+01:00By Neil Hodge
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.
2020-04-24T20:36:00+01:00By Aaron Nicodemus
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.
2020-04-22T16:58:00+01:00By Aaron Nicodemus
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.
2020-04-09T13:49:00+01:00By Michael Savicki, Compliance Week Guest Columnist
The current regulatory and risk climate puts companies in a unique position to showcase their GRC and ESG principles, positioning them to thrive in the long run.
2020-04-01T19:26:00+01:00By Jaclyn Jaeger
As the Environmental Protection Agency abdicates its oversight responsibilities, pointing to the coronavirus pandemic, now is the time for true leaders to lead.
2020-03-27T16:45:00+00:00By Jaclyn Jaeger
Hundreds of companies around the world have announced drastic cuts to the salaries of their senior executives as one way to reduce the unprecedented financial blow caused by the coronavirus pandemic.
2020-03-19T18:35:00+00:00By Compliance Week
Strong ethical voices are needed now more than ever, and fortunately many companies and individuals have stepped up to answer the call. We’ve rounded up dozens in an effort to shine a light on good being done.
2020-03-18T17:09:00+00:00By Kyle Brasseur
Tesla CEO Elon Musk believes coronavirus panic is more harmful than the virus itself, but he’s done little to provide help in any form despite having the platform to do so.
2020-03-17T20:58:00+00:00By Aaron Nicodemus
Despite slow governmental response to the coronavirus outbreak that is grinding the world economy to a halt, several businesses have decided it is worth going above and beyond to help customers and employees.
2020-03-06T17:50:00+00:00By Jaclyn Jaeger
The U.K. Financial Conduct Authority is asking for comment on newly published proposals outlining climate-related disclosure requirements for premium listed issuers.
2020-02-21T16:02:00+00:00By Jaclyn Jaeger
The U.K. Financial Reporting Council announced it will begin reviewing the extent to which U.K. companies and auditors are responding to the impact of climate change to ensure reporting requirements are being met.
2020-02-03T17:37:00+00:00By Maria L. Murphy
A former FASB member and current board member at the Sustainability Accounting Standards Board offers tips to accountants facing a heightened investor interest in sustainability.
2020-01-31T22:15:00+00:00By Jaclyn Jaeger
Kohler must pay a $20 million civil penalty in a settlement reached Thursday with the Department of Justice, Environmental Protection Agency, and state of California over alleged violations of the Clean Air Act and California law.