Adverse media screening: what it means and why it is so critical for your company
It is becomingly increasingly important that companies screen their third parties and associates against negative news sources from around the world. This can help them to identify reputational risks, as well as commercial and investment opportunities. In this...
What the Kroll Report Means for Your Business and How it Manages Third Party Financial Crime Risk
This year’s Kroll Fraud and Financial Crime Report found companies are growing increasingly concerned that third parties are driving a higher risk of financial crime. We read through the report to pull out lessons for companies from this survey of 400 executives...
Six Things to Know About Emerging HRDD Regulations
Millions of companies around the world have been impacted by regulations which mandate them to carry out ESG and human rights due diligence (HRDD in the last few years–or they soon will be. These regulations bring new legal, financial, strategic and reputational...
If You Haven’t Addressed These 5 Third-Party Risks, You’re Behind the Curve
Third parties help companies to deliver their products and services, but they also expose them to regulatory, financial, strategic and reputational risks. In the latest blog in our third party risk series, we look further at five key third party risks facing your...
Why We’re Paying Attention to Human Rights & ESG Regulations
Over the last five years, the dominant regulatory trend in global compliance has been the spread of legislation which mandates companies to carry out Human Rights and ESG Due Diligence (HRDD) on third parties and suppliers. This has significant implications for...
Global spread of Human Rights Due Diligence continues after initiative from Japanese government targets responsible business
One of the major themes in compliance in recent years has been the rise of Human Rights Due Diligence (HRDD) legislation in Europe and the US. Now, this trend appears to be expanding into the Asia-Pacific region after a recent initiative by the Japanese government...
ESG due diligence is no longer optional: major banks face investor calls for climate action
In the last month, some of the world’s biggest banks have faced votes from investors to improve their ESG and climate records. This is just the latest evidence that a growing proportion of shareholders, employees and consumers want to invest in, work for and buy...
The urgent challenge of understanding third party environmental impacts
New report shows the urgent challenge of understanding third party environmental impacts and the opportunity of effective due diligence Only 5% of the UK’s largest companies have published a ‘credible’ environmental plan that would comply with forthcoming regulations...
Securing Internal Buy-In for ESG Programs
While environmental social governance (ESG) initiatives are increasingly becoming standard corporate practice, some organizations are still hesitant to invest the time and capital required to pursue a comprehensive program. In fact, sometimes securing internal...
A Five-Point ESG Media Monitoring System
As a communications professional, you know intuitively that public perception can impact your campaigns — for better and for worse. These days, not much is more top of mind with the public than matters related to Environmental Social Governance (ESG). Research...
Understanding the Ins & Outs of ESG Communications
Environmental Social Governance (ESG) programs have quickly gone from niche undertakings aimed at earning positive press and attracting investors to must-have practices for companies of all sizes, in every industry. And for good reason—most individuals, from consumers...
How Data APIs Can Help You See Whether the Third Parties You Rely On Align with Your ESG Commitments
When Edelman released its 22 nd annual Trust Barometer this year, the headline read: “Societal leadership is now a core function of business.” Edelman further noted that it’s not just consumers holding business accountable: 60% of employees and 80% of investors...
Our tips for meeting the four key trends in risk and compliance in 2022
The landscape of risk and compliance is always changing. In the last few months alone, there have been developments in global regulations for anti-bribery and corruption and due diligence, and major enforcement actions against companies who have allegedly failed...