Tag: Andrea Bonime-Blanc

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Report from IMPACT 2023

Report from IMPACT 2023: ESG Panel on Ethics, Compliance, and the Future: Navigating Transformation

ECI’s IMPACT 2023 was one of the leading compliance events in 2023. At this conference, Tom Fox, the Voice of Compliance, was able to visit with several of the speakers, exhibitors, participants and one group of ethically minded Girl Scout Troop. In this limited podcast series, Report from IMPACT 2023, Tom explores many of the most cutting-edge topics in ethics and compliance through short podcast episodes. Check out the full series of interviews. You will be enlightened, informed and come away with a fuller and more thorough understanding of the most cutting-edge topics in ethics and compliance. In this episode, Tom visits with a panel of ESG experts including Jacqueline Brevard, former Chief Ethics and Compliance officer of Merck, Andrea Bonime-Blanc, CEO of GeC Risk Advisory and Jose Javier Guadalupe, Integrity Director for the Platform for Social Impact.

In a series of thought-provoking podcast episodes from ECI IMPACT 2023, Tom Fox explores the intersection of ethics and compliance with environmental, social, and governance efforts. These episodes stress the importance of an integrated approach to these areas, emphasizing that businesses prioritizing intangible risks and opportunities are more likely to succeed in the future. The speakers also discuss the challenges of implementing this approach at the board level and the need for forward-thinking board members aligned with the organization’s mission and values. Additionally, the podcasts explore the impact of generational change in the workforce, urging leaders to adapt to the values and mindset of younger generations and create space for their ideas. The importance of ethics as a fundamental part of the future is emphasized, with speakers stressing the need for continuous education and learning amidst rapid changes. Overall, these episodes underscore the relevance of ethics and compliance in guiding organizations through transformative changes.

 Highlights Include 

·      Transformative Integrity

·      Generational Change in the Workforce

·      The Importance of Ethics in a Changing World

Resources 

Jacqueline Brevard on LinkedIn

Andrea Bonime-Blanc on LinkedIn

GEC Risk Advisory

Jose Javier Guadalupe on LinkedIn

Platform for Social Impact

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Innovation in Compliance

Coordinated ESG with Andrea Bonime-Blanc


Tom Fox welcomes Andrea Bonime-Blanc to this week’s show. Andrea is the author of Gloom to Boom: How Leaders Transform Risk into Resilience and Value, and a foremost name in compliance. She recently joined the Board of Advisors of Crisp. Andrea and Tom talk about her new role, and the increasing importance of ESG.

Risk Intelligence as a Service
Andrea explains that Crisp provides risk intelligence as a service: their “series of algorithms search the open Internet and the dark web and a variety of other sources for potential risks affecting their clients,” she says. “It’s basically a way of giving an early warning system to the client on risks that may affect the brand.” She adds that having a transversal approach towards emerging risk is vital.
Compliance Should Be On Every Board
Tom comments that Andrea has written extensively about the need to have compliance professionals in the boardroom. She responds that it’s even more critical today: “Risks are an everyday occurrence, and we have a convergence of big strategic risks this year like we’ve never seen before…” A compliance professional brings a unique perspective regarding risk, regulatory and compliance issues that helps to create a holistic long term strategy for an organization, especially in today’s complex, interconnected world. 
The Importance of Inclusion
Andrea and Tom discuss why inclusion may be even more important than diversity. “I think people are starting to realize there’s some root causes here that need to change,” Andrea remarks. “And they’re realizing that these are things that need to happen within their organizations in order to not just make their organizations reflect society more than they have, but to actually create competitive advantage. And that’s really the bright side of this whole thing is, you’re not just doing it to be a good citizen, you’re doing it because it’s good business as well.”
Moving Towards Coordinated ESG
Environmental, social, governance and technology issues are non-financial but can have a major financial and reputational impact on any organization, Andrea comments. As such, they need to be handled strategically to bring the most benefit to the company. The good news is that if you manage these issues well, you create better products and services. “Value is always the other side of the coin of risk,” Andrea comments.
Resourcs
GEC Risk Advisory
CrispThinking.com
Gloom to Boom: How Leaders Transform Risk into Resilience and Value