How mining became a global CSR Achilles' heel
Posted on 08-27-2019 by Lisa Thompson

Our globalized society relies heavily on highspeed communication, made possible by the continuous innovation in the global electronic industry. Everyday electronics like smartphones, tablets and laptops, along with the rapidly growing market for Internet of Things (IoT) technology, require a vast amount... Read More

Hearty risk management yields healthy dividends
Posted on 04-05-2019 by Lisa Thompson

Most risk management professionals know the adage, “An ounce of prevention is worth a pound of cure.” But in the digital age, you need more than an ounce of prevention when it comes to mitigating regulatory and reputational risk . It’s a lesson learned the hard way by one of the largest... Read More

Before you say, ‘Be Mine’, be mindful of forced labor risk
Posted on 02-13-2019 by Lisa Thompson

The Valentine’s Day pressure is on. What gift will you choose to express your love to your sweetheart? Chocolate, roses and jewelry usually top the list of options—and the National Retail Federation projects that spending for Valentine's Day will top $20 billion this year. Jewelry captures... Read More

How risk technology transforms trust
Posted on 01-14-2019 by Lisa Thompson

From AI to blockchain, companies are rapidly adopting new technologies which use data to drive business insights and manage risks more effectively . Our third volume of The Trust Issue explores how technology can also improve a company’s transparency and increase the trust it receives from customers... Read More

3 Business Resolutions that Reduce Risk Exposure
Posted on 12-21-2018 by Lisa Thompson

January may be hot or cold, rainy or snowy—it just depends on where you live. But whether you sport a windbreaker or a parka when you head back to work after the holiday season, January is the same everywhere when it comes to making resolutions. It marks a new year and a clean slate—which... Read More

The Foreign Corrupt Practices Act—2018 review
Posted on 12-20-2018 by Lisa Thompson

2018 has been a record year of penalties issued for breaches of the Foreign Corrupt Practices Act (FCPA). Settlements totaling more than $2.96 billion were agreed by corporations found to be in breach of the Act. The year saw further indications of the FCPA’s global reach, witnessed the first judgments... Read More

'Tis the season to combat forced labor
Posted on 12-13-2018 by Lisa Thompson

Holiday traditions vary. Whether you festoon a Christmas tree with sparkly baubles and tinsel, light a menorah for Hanukkah or tackle feats of strength for Festivus, gift-giving and holiday parties are likely part of your tradition too. But these seasonal celebrations have a dark side—the risk... Read More

Investing in Corporate Social Responsibility Yields Dividends
Posted on 11-26-2018 by Lisa Thompson

In two weeks, hundreds of delegates across different industries will converge on London for the Impact Investing Summit 2018 . The annual conference is just one sign of increasing interest by investors and consumers to put their money where it can do good. In fact, one of the planned keynotes is titled... Read More

Grocery chain bags food supply chain risk with eco-friendly option
Posted on 11-21-2018 by Lisa Thompson

Several months ago, we highlighted news that Kroger was phasing out plastic grocery bags as part of its Corporate Social Responsibility (CSR) commitment . The national grocery chain is not alone. When it comes to addressing food supply chain risk, corporate social responsibility programs are helping... Read More

Expert Q&A: How Does CSR Contribute to Corporate Value?
Posted on 11-19-2018 by Lisa Thompson

Rajita Kulkarni is the President of the World Forum for Ethics in Business (WFEB) , which promotes ethical approaches to business and corporate governance. It has organized global forums to discuss ethics in sport and ethical approaches of young people. In an exclusive interview with LexisNexis, Rajita... Read More

Is forced labor & income inequality in your grocery cart?
Posted on 11-16-2018 by Lisa Thompson

How long would it take a woman processing shrimp in a typical Indonesia or Thai facility to earn what a CEO of a major grocer takes home in one year’s salary? 4,000 years. It’s just one of the disturbing statistics shared by Oxfam’s #BehindTheBarcode campaign to raise awareness into... Read More

Can companies use ISO 37001 to help eradicate poverty?
Posted on 10-17-2018 by Lisa Thompson

Twenty-five years ago, the United Nations General Assembly declared October 17th International Day for the Eradication of Poverty . In marking the anniversary, the UN has stated that … “all people must come together to end poverty and discrimination in order to build a sustainable future... Read More

FCPA Hangover: Whiskey Maker's $8M Settlement Puts Food & Drink Industry on Notice
Posted on 07-13-2018 by Lisa Thompson

The makers of Jim Beam whisky have paid $8 million to settle allegations of bribing government officials to enter the Indian market. The settlement is a timely reminder of the continued threat of FCPA enforcement action , and the particular risks posed by third parties in the food and drink industry... Read More

Cracks in Food Safety Programs Lead to ‘Eggstraordinary’ Recall
Posted on 06-13-2018 by Lisa Thompson

Two-hundred and seven million eggs were recalled on April 13th of this year—the largest such recall in the U.S. in nearly 10 years. By May, another 12 people from 9 states had fallen ill from the tainted eggs, bringing the total to 35 with 11 individuals requiring hospitalization. Major supermarket... Read More

Building a model CSR strategy brick-by-brick
Posted on 03-09-2018 by Lisa Thompson

LEGO Group will sell some pieces made from plant-based plastic this year—it’s the first step in its bid to make all products and packaging from sustainable materials in 2030. LEGO prioritizes corporate social responsibility, earning it the ranking as the company with the best reputation by... Read More

Exclusive interview with Emmanuel Lulin, Senior Vice-President and Chief Ethics Officer at L’Oreal
Posted on 10-24-2017 by Ulyana Androsova

LexisNexis sat down with Emmanuel Lulin, Senior Vice-President and Chief Ethics Officer at L’Oreal, at the One Young World conference in Bogotá, Colombia this month. In a frank and wide-ranging interview, Mr Lulin told us that businesses must pursue ethical policies to succeed. The One... Read More

Supplier Engagement- The key to reducing your Reputational Risk
Posted on 09-19-2017 by Ulyana Androsova

Brand reputation has never been more important in influencing consumer and stakeholder decisions. At the same time, brand image can alter extremely quickly thanks to the increasingly instant nature of the media and the profile of public opinion. Witness the impact of the negative media attention on Marks... Read More

How to Root Out Human Trafficking Risks in Your Supply Chain
Posted on 07-28-2016 by Ulyana Androsova

In the introduction to 2015 Trafficking in Persons Report published by the U.S. State Department, Secretary of State John Kerry urged for global supply chain transparency in response to modern slavery. He wrote, “The bottom line is that this is no time for complacency. Right now, across the globe... Read More