Welcome to the Daily Compliance News. Each day, Tom Fox, the Voice of Compliance, brings you compliance-related stories to start your day. Sit back, enjoy a cup of morning coffee, and listen in to the Daily Compliance News. all from the Compliance Podcast Network. Each day we consider four stories from the business world: compliance, ethics, risk management, leadership, or general interest for the compliance professional.
Stories we are following in today’s edition:
Welcome to Pawtastic Friends – The Paw Talk. In this podcast, host Tom Fox will visit with Michael and Melissa Novelli, co-founders of Pawtastic Friends as well as those who work with them at Pawtastic Friends. Michael and Melissa are dedicated to helping shelter and rescue dogs in the Las Vegas area become more adaptable, through enrichment training and activities such as yoga and aquatics training, as well as obedience and agility. This podcast is sure to tug on your heartstrings, just listen to how sweet this one dog is! Tune in now to hear more from Michael and Melissa Novelli as they discuss their passion for helping pups in need. Get ready for an exciting episode of Pawtastic Friends – The Paw Talk!
Mike Novelli and Melissa Novelli are the co-founders of Pawtastic Friends, a program dedicated to understanding and catering to the unique needs and personalities of program dogs for adoption. Michael, a recognized figure in Las Vegas for his dedication to rescue dogs, co-hosts the award-winning podcast “The Paw Talk,” where he educates and inspires others about the potential of these animals. Melissa, a dedicated trainer at Paw Talk, has a heartwarming success story with Kane, a scared rescue dog who blossomed under her guidance. Both Michael and Melissa believe in the transformative power of love and training in rescue dogs, as evidenced by their work with dogs like Kane and Kenzie, who have flourished under their care. Join Tom Fox, Michael Novelli, and Melissa Novelli on this episode of The Paw Talk podcast to learn more about their inspiring work with rescue dogs.
Dogs Featured
Quotes
“He looked up to me with his eyes. I could barely hold back the tears because it was just, know, heartwarming.”
“So to see him out and in the fresh air and walking and just like, really, he’s a working dog. He wants to work. He always wants to do something for his treats. He wants to sit, he wants to shake, he wants to give a high five. And he just really is coming out of his shell. He was adopted during COVID so he hadn’t had much socialization, so I think that has a lot to do with it.”
“The more people that know about what we do, the more dogs we can help, the more lives we could change, and the more lives we can save, because that’s exactly what Pawtastic Friends is.”
Resources
Vote for Pawtastic Friends at Wreaths of Hope
The ESG Report podcast is hosted by Tom Fox. Looking for innovative solutions to tackle climate change? Look no further than The ESG Report! In this episode, Tom speaks with Trevor Bronson, Director-Portfolio Strategy at Intelex.
Trevor Bronson is a seasoned professional with a robust background in environmental health, safety, and sustainability management. His perspective on user experience, ESG reporting, and sustainability management is shaped by his diverse experiences in the EHS technology space and his current role as the Director of Portfolio Strategy at Intelex EHS software company. Trevor emphasizes the importance of understanding stakeholders’ needs and preferences, effective data management, and continuous improvement. He believes in a stakeholder-centric approach, suggesting that organizations should assess their resources, expertise, and technology to determine the most suitable approach for managing and improving ESG metrics. Join Tom Fox and Trevor Bronson as they delve deeper into these insights on the next episode of The ESG Report podcast.
Key Highlights:
Resources:
Trevor Bronson on LinkedIn
Tom Fox
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The Museum of Western Art is dedicated to excellence in the collection, preservation, and promotion of Western Heritage and the education and cultural enrichment of our diverse audiences. The Museum serves as a bridge between the past and the present, ensuring that the legacy of the American West will be preserved for the future. Western Art is as engaging and important as ever. In this podcast series, Museum Executive Director Darrell Beauchamp visits with the artists who work in this Western heritage to talk about their work, the legacy of Western Art, and why talking about it is so important today. In this episode, Darrell visits with Utah artist Rick Kennington.
Utah painter Rick Kennington has captivated art enthusiasts with his unique blend of contemporary cowboy scenes and Utah’s pioneer history. In a recent episode of the podcast “It’s art, let’s talk about it,” hosted by Darrell Beauchamp, Kennington shared his journey from a career in parks maintenance to becoming a full-time artist. With the support of his wife and the encouragement of early collectors, Kennington made the transition and has since become a prominent figure in the art world.
Kennington’s artistic style has evolved over time, drawing inspiration from various artists and the Western genre. He is particularly drawn to artists who can paint accurately and representational art, while still creating a sense of effortlessness and minimal brushwork. His aim is to create artwork that is both recognizable and pleasing to the eye.
One of the fascinating aspects of Kennington’s artistic process is his ability to work on multiple pieces simultaneously. He typically has three paintings at different stages of completion, allowing him to explore different ideas and techniques. Additionally, he has hundreds of sketches and drawings that serve as inspiration for future works. Sometimes, a simple sketch can evolve into a full-fledged painting, showcasing Kennington’s continuous learning and experimentation.
Throughout the podcast episode, Kennington emphasizes the importance of hard work and dedication in his artistic journey. He believes that the harder he works, the luckier he becomes, constantly striving to improve his skills and create better paintings. This mindset is evident in his approach to his art, always looking for ways to refine his technique and evoke emotion in his viewers.
Kennington’s artwork has been showcased in various exhibitions, including the 40th Annual Roundup Exhibition and Sale at the Museum of Western Art. His paintings can also be found on his website, RickKennington.com, where art enthusiasts can explore his portfolio and learn more about his creative process.
The podcast episode concludes with Beauchamp expressing his excitement for Kennington’s future in the art world. He encourages listeners to visit Kennington’s exhibitions and follow his career, as he believes it will be a joy to watch his artistic journey unfold.
In summary, Rick Kennington’s transition to Western-inspired artistry in Utah is a testament to his passion, dedication, and continuous growth as an artist. His ability to balance contemporary cowboy scenes with Utah’s pioneer history showcases his versatility and artistic range. As Kennington continues to evolve and refine his style, art enthusiasts can look forward to witnessing the next chapter of his artistic journey.
Resources:
Darrell Beauchamp on LinkedIn
I recently had the opportunity to visit with folks from Diligent. We look down the road at key issues in 2024 in a podcast series sponsored by Diligent entitled Compliance Professionals Adapting to Change: Industries, Regulations, and Beyond. I was able to chat with Nicholas Latham, Renee Murphy, Jessica Czeczuga, Yee Chow, and Alexander Cotoia. Over this series, we discussed compliant communications in regulated industries, managing conflicts of interest at the Board level, the Board’s role in compliance training and communications, navigating the current ESG landscape, and professional growth and mentorship in compliance. In this Post 4, we discuss the continuing evolving landscape of ESG with Yee Chow.
The Chief Compliance Officer (CCO) role has undergone a significant evolution in the realm of Environmental, Social, and Governance (ESG) compliance. What was once a secondary focus has now become a vital part of the agenda for global corporations. This shift has led to CCOs taking on the responsibility of overseeing compliance with ESG standards at the highest organizational level.
One of the key factors driving this evolution is the rise in regulation and mandatory reporting on ESG factors. Governments, stock exchanges, and regulatory bodies have pushed for compulsory reporting, bringing new challenges for companies. They are now required to provide more detailed operational and value chain information. For example, companies are expected to report not only on their climate impact but also on the climate impact of their customers and suppliers. This increased level of reporting necessitates gathering extensive data, which can be a challenge for organizations.
Companies need to establish a clear leadership structure for ESG compliance to address these challenges. The specific system may vary from company to company, but some key components should be in place. Firstly, there needs to be a point of contact within the organization responsible for coordinating ESG efforts and ensuring compliance. This role is often filled by a sustainability professional who works closely with different business units. Secondly, there needs to be accountability for the ESG program, which usually falls under the purview of the Chief Compliance Officer or even the Chief Executive Officer. The accountability for ESG compliance should ultimately rest with the organization’s highest leadership levels.
In addition to a clear leadership structure, companies recognize the importance of involving various stakeholders in the ESG compliance process. It is no longer a single department’s responsibility but a team effort that consists of all business units and leaders within the company. Committees are often established to drive the ESG strategy and agenda forward, ensuring that all relevant parties are involved.
Educating the Board of directors on their role in ESG compliance is crucial. While not every board member needs to be an expert in the details of ESG, they should have a high-level understanding of its implications for business growth, drivers, and regulatory compliance. ESG should be integrated into board meetings and discussions, driven by the compliance and regulatory space and the demands of customers and stakeholders. This level of involvement from the Board helps drive change within the organization and ensures that ESG compliance is taken seriously.
The evolution of the CCO’s role in ESG compliance is driven by the need to meet regulatory requirements, provide detailed reporting, and address stakeholders’ expectations. Companies are recognizing the value of non-financial data for business performance and opportunities. By establishing clear leadership structures, involving various stakeholders, and educating the Board, organizations can navigate the challenges associated with ESG compliance and make informed decisions that align with their values and goals.
In conclusion, the evolution of the Chief Compliance Officer’s role in ESG compliance reflects the growing importance of ESG in the corporate world. With the rise in regulation and mandatory reporting, companies face new challenges in gathering and reporting ESG data. However, by establishing clear leadership structures, involving stakeholders, and educating the Board, organizations can successfully navigate these challenges and embrace ESG compliance opportunities.
Ready for Purpose-Driven Compliance? Diligent equips leaders with the tools to build, monitor, and maintain an open, transparent ethics and compliance culture. For more information and to book a demo, visit Diligent.com
Join us tomorrow, where we conclude our series with a review of professional development and mentoring for compliance professionals.
“Reg Ops” or Regulatory Operations has the potential to revolutionize compliance. Reg Ops focuses on automating software development and compliance artifact creation, making it easier for compliance professionals to create it and for employees and other stakeholders to consume compliance content through automation and user-friendly interfaces. This approach aims to leverage the best of both worlds – the capabilities of machines and the expertise of humans – to enhance compliance programs. Or as Carsten Tams continually reminds us, it is all about the user experience.
The goal is to integrate existing security and compliance tools to gather evidence in near real-time, automate the creation of compliance gap tickets, generate real-time reports, and provide a comprehensive view of an organization’s compliance state. By leveraging the power of APIs and customer-centric design, the compliance process can be more effective and efficient.
Three key takeaways:
1. Enhancing compliance programs through automation is a critical step for compliance functions and businesses to improve decision-making, efficiency, and overall compliance effectiveness.
2. Automation can help compliance functions meet the need for near real-time reporting for a variety of different stakeholders.
3. Balancing the need for real-time reporting with data accuracy and security is crucial.
For more information on our sponsor, KonaAI, click here.
Welcome to a special series sponsored by Diligent, where we look down the road at key issues in 2024 and beyond. In this series, I will visit with Nicholas Latham, Renee Murphy, Jessica Czeczuga, Yee Chow, and Alexander Cotoia. Over this series, we will consider compliant communications in regulated industries, managing conflicts of interest at the Board level, the Board’s role in compliance training and communications, navigating the current ESG landscape, and professional growth and mentorship in compliance. In Part 3, we review the role of a Board of Directors in compliance training and communications with Jessica Czeczuga.
Jessica Czeczuga is a seasoned corporate training and compliance professional, currently serving as the Principal Instructional Designer at Diligent. Jessica’s perspective on the importance of Board oversight in corporate training and compliance is shaped by her extensive experience and deep understanding of compliance programs. She emphasizes the crucial role of the Board in setting the tone for the organization’s culture, advocating for active communication from the Board about the importance of training to all employees. Jessica also suggests that the Board should be more significant in discussions about your organization’s compliance efforts, ensuring it meets its stated commitments. She views the Board as another group within the organization that requires tailored training and active involvement in promoting a culture of compliance. Join Tom Fox and Jessica Czeczuga as they delve deeper into this topic.
Key Highlights:
Ready for Purpose-Driven Compliance? Diligent equips leaders with the tools to build, monitor, and maintain an open, transparent ethics and compliance culture. For more information and to book a demo, visit Diligent.com
Join us tomorrow as we consider navigating the current ESG landscape.
Welcome to the Daily Compliance News. Each day, Tom Fox, the Voice of Compliance, brings you compliance-related stories to start your day. Sit back, enjoy a cup of morning coffee, and listen in to the Daily Compliance News. all from the Compliance Podcast Network. Each day we consider four stories from the business world: compliance, ethics, risk management, leadership, or general interest for the compliance professional.
Stories we are following in today’s edition:
The award-winning, Compliance into the Weeds is the only weekly podcast that takes a deep dive into a compliance-related topic, literally going into the weeds to more fully explore a subject. Looking for some hard-hitting insights on sanctions compliance? Look no further than Compliance into the Weeds! In this episode, Tom and Matt take a deep dive into data analytics and highlight the Bank Of America CFPB enforcement action for failures in a data analytics program.
The recent congressional testimonies of university presidents from Harvard, MIT, and the University of Pennsylvania have ignited a heated debate over their handling of anti-Semitism and discrimination on campuses. Tom criticizes the presidents for their lack of moral clarity and empathy in their responses to questions about anti-Semitism on campus. He emphasizes the crucial role of chief compliance officers in guiding ethical leadership and decision-making in such sensitive situations. Matt echoes Fox’s sentiments, stressing the importance of empathy, moral clarity, and ethical values in addressing and preventing campus discrimination. He criticizes the presidents for their inability to effectively express these qualities in their responses to questions about discrimination policies. Join Tom Fox and Matt Kelly as they delve deeper into this issue on this episode of Compliance into the Weeds.
Highlights
Resources
Matt Kelly on LinkedIn
Tom
Welcome to the Great Women in Compliance Podcast. Today Lisa Fine visits with Lisa Beth Lentini Walker on her career in compliance and how compliance career connections can help one’s journey in compliance.
Lisa Beth Lentini Walker is a renowned figure in the ethics and compliance field, currently serving as the Associate General Counsel, Corporate Legal and Assistant Secretary at Marqeta, and the CEO and founder of Lumen Worldwide Endeavors. With a rich background as a securities lawyer and a Chief Compliance Officer, Lisa Beth has a unique perspective on ethics and compliance. She believes in the power of values and intentions in shaping one’s professional journey and emphasizes the importance of networking and connections in the compliance industry. Her philosophy revolves around putting values into action and helping organizations align their actions with their ethical principles. She has made a significant impact in the field through her work and the Compliance Career Connection, a platform she started to support and connect professionals in the field. Join Lisa Fine and Lisa Beth Lentini Walker on this episode of the Great Women in Compliance podcast to learn more about her insights and experiences.
Key Highlights:
Resources:
Join the Great Women in Compliance community on LinkedIn here.
