Good corporate governance protects employees through honest actions If you're building or running a business, you want to make sure you have good corporate governance policies in place to avoid ethical conundrums that can break your business. Corporate governance ensures that all stakeholders in the company follow the rules and that each decision is made with the organization’s wellbeing in mind.
Enhance your GRC and minimize risk. Every organization is responsible for putting the proper governance, risk, and compliance (GRC) measures in place to ensure the business can successfully manage compliance with regulations and internal policies. In order to address these needs, businesses require proper risk management, document management, audit management, reporting, and analytical measures that can guarantee effective GRC exists companywide.
Retaliation is a true fear for many who just want to speak-up about wrongdoing A business that welcomes open and honest feedback from employees who are able to speak-up about wrongdoing, can root out issues and fix them. This is a business that will thrive. All too often, people who point to suspicious behaviours, possibly illegal activity, or other issues that could devastate a company, are punished for their efforts.
Every employee should feel like they belong and are accepted in the workplace As a business owner, it is your responsibility to build a foundation for diversity, equity, and inclusion in the workplace. Learn what you are responsible for and why it’s so important in today’s business arena.
Corporate Culture Plays a Role in Whistleblowing and Your ESG Criteria Whistleblowing is the disclosure or reporting of wrongdoing via mechanisms that employees, clients, and suppliers use to share information on activities that violate a company’s code of ethics, legal and regulatory requirements or international human rights standards.
Create a speak-up culture with a whistleblower hotline Taking steps to minimize the risk of fraud and workplace misconduct is important for any organization. That’s why whistleblower reporting tools are becoming so fundamental for many companies. Such tools serve as an easy way for employees to tip off management about unethical practices and misconduct in the workplace without fear or repercussion, meaning it can help to uncover any wrongdoing or illegal behaviour. This can protect your reputation and bottom line.