Trends in ethics and compliance
Ethics and compliance officers have to perpetually scope the environment to draw out emerging trends impacting organizations. as a result your ethics and compliance program cannot remain static and it must evolve with those emerging trends. We have identified a non-exhaustive list of 5 trends in ethics and compliance impacting business: – 1. The rise of Sustainability / ESG / Climate change reporting Sustainability reporting continues to evolve. In the past, ESG reporting was left to corporate HQ, investor relations and communications teams of regulated entities. That has changed. With changes in legislation and ongoing litigation around ESG / Climate change matters, the risk profile of organizations on the issue has also evolved. The Central Bank of Kenya issued guidelines to regulated entities to report on climate change matters base don the TCFD framework. That framework has since been adopted with modifications by the International Sustainability Standards ...