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Daily Compliance News

Daily Compliance News: December 12, 2023 – The WFH Winners and Losers Edition

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 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 Pope says to be merciful about Vatican corruption. (The Pillar)
  • Major oil producers scuttle COP28. (FT)
  • Winners and Losers in WFH. (WSJ)
  • The State Department aids in the fight against corruption. (DoS Press Release)
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Sustainability

Sustainability: The Business Opportunity of The 21st Century – Episode 7, COP28

Are you ready to take on the business opportunity of the 21st century? We are at a moment of enormous global change and even greater business opportunity. Climate change is the single, biggest commercial opportunity of our time. In this podcast, Tom Fox and Sustainability guru Richard Blundell explore the opportunities open to businesses that embrace sustainability from the business perspective. Find out why sustainability is the greatest opportunity of the 21st century and you can prepare your business to take advantage of the unprecedented global opportunity.

In this episode, Tom Fox and Richard Blundell discuss the COP28 climate summit and its significance. They explore the goals of COP28, including the targets for reducing carbon emissions and the need for a loss and damage fund. They also discuss the accusations against the conference chair and the energy industry’s role in the transition to a greener future. The conversation highlights the challenges of meeting climate change commitments and the fear of apathy and excuses. Overall, the episode provides insights into the current state of climate action and the potential outcomes of COP28.

Key Highlights

  • COP28 is the 28th conference of parties on the issue of climate change, where countries discuss their performance in meeting emission reduction targets.
  • The loss and damage fund, aimed at supporting the transition to a lower carbon economy and compensating for climate-related damages, is a critical topic of discussion at COP28.
  • The energy industry has the knowledge and resources to play a significant role in the transition to renewable energy, but the leadership’s lack of interest and influence on policy pose challenges.
  • There is a concern that COP28 may result in apathy and excuses rather than meaningful action to address climate change.

Resources:

Richard Blundell

Tom Fox

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