Tag: World’s Most Ethical Companies

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FCPA Compliance Report

FCPA Compliance Report – Erica Salmon Byrne on 2024 World’s Most Ethical Companies Awards

Welcome to the award-winning FCPA Compliance Report, the longest-running podcast in compliance. In this special Thursday edition of the FCPA Compliance Report, Tom welcomes Erica Salmon Byrne, Chief Strategy Officer and Executive Chair, at Ethisphere to discuss the announcement of the 2024 World’s Most Ethical Companies Designations and the new Ethics Premium.

Erica Salmon Byrne is a renowned figure in ethical business practices, recognized for her significant role in the annual announcement and recognition of the world’s most ethical companies. Byrne views this list as a crucial acknowledgment of companies globally that are making a positive impact, with representation across 20 countries and 44 industries. Her experiences in leading changes to the program’s methodology, such as introducing a third-party management category and a heightened focus on governance and culture, have shaped her perspective on the continuous evolution and improvement of the evaluation process. She sees the list as a valuable tool for companies to demonstrate their commitment to ethics and compliance and as a source of inspiration for others in the compliance community to strive for ethical excellence.

Key Highlights:

  • Global Recognition for Ethical Business Practices
  • Enhanced Scoring System Emphasizing Governance and Culture
  • Global Representation of Ethical Industry Leaders
  • Ethics Quotient Evaluation for Recognized Companies

Resources:

Erica Salmon Byrne on LinkedIn

Ethisphere

World’s Most Ethical Companies for 2024

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Daily Compliance News

Daily Compliance News: March 5, 2024 – The World’s Most Ethical 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.

In today’s edition of Daily Compliance News:

  • Ethisphere announces the World’s Most Ethical Company Awards. (Press Release)
  • A former Venezuelan officer pleads guilty to $1.7 fraud and corruption.  (Local10)
  • Apple was fined €1.8bn in the EU. (FT)
  • Former Twitter execs sued for severance packages. (WSJ)

For more information on the Ethico ROI Calculator and a free White Paper on the ROI of Compliance, click here.

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Compliance Tip of the Day

Compliance Tip of the Day: What The Pandemic Changed for Compliance

Welcome to “Compliance Tip of the Day,” the podcast where we bring you daily insights and practical advice on navigating the ever-evolving landscape of compliance and regulatory requirements.

Whether you’re a seasoned compliance professional or just starting your journey, our aim is to provide you with bite-sized, actionable tips to help you stay on top of your compliance game.

Join us as we explore the latest industry trends, share best practices, and demystify complex compliance issues to keep your organization on the right side of the law. Tune in daily for your dose of compliance wisdom, and let’s make compliance a little less daunting, one tip at a time.

In this episode, we consider the ongoing trends that accelerated during the pandemic year of 2022 and how these changes have impacted compliance literally forever.

These changes include:

  1. Compliance Convergence
  2. Public/private partnership in the ABC fight
  3. Data, Data, Data
  4. Compliance as an ethical & business advantage

For more information on Ethico and a free White Paper on top compliance issues in 2024, click here.

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FCPA Compliance Report

2023 World’s Most Ethical Companies Applications Open

In this episode of the FCPA Compliance Report, I am joined by Erica Salmon Byrne, President of Ethisphere and Chair of the Ethisphere’s Business Ethics Leadership Alliance. Some of the highlights include:

1.     Ethisphere announces the 2023 World’s Most Ethical application process.

2.     What is the application process?

3.     What is the Ethics Quotient and why is it such a useful measure?

4.     What are the 5 categories of evaluation?

5.     Why is going through the application process itself so useful?

6.     How can a company use it as a benchmarking exercise?

7.     How does the Ethisphere “The Sphere” interact with the application process?

8.     What are the 6 archetypes of value creation?

Resources

Erica Salmon Byrne

Ethisphere

World’s Most Ethical Companies application process, here

Categories
FCPA Compliance Report

Erica Salmon Byrne on 2022 World’s Most Ethical Companies


In this episode of the FCPA Compliance Report, I am joined by Erica Salmon Byrne, President of Ethisphere. We discuss the announcement of Ethisphere’s 2022 World Most Ethical Companies awards. This year’s most stunning announcement is a 5-year Ethics Premium of 24.6%. Other highlights in include:

  • A deep dive into the Ethics Premium, including the reasons for the dramatic growth of the past 5 years.
  • 2022 had the highest number of new companies on the list. Who were some of these first-time honorees? The non-US centric number of honorees.
  • The Ethics Quotient-how is it calculated?
  • Why is the Ethics Quotient such a powerful tool for the compliance professional?
  • How to get your company involved in the World’s Most Ethical Companies process.

 
Resources
Ethisphere
2022 World’s Most Ethical Announcement

Categories
Daily Compliance News

March 17, 2022 the World’s Most Ethical Companies Edition


In today’s edition of Daily Compliance News:

  • Ethisphere announces 2022 World’s Most Ethical Companies. (Ethisphere Press Release)
  • Interpol has new center to fight financial crimes.  (OCCRP)
  • SEC Commissioner Lee to step down. (Reuters)
  • Big 4 under regulatory scrutiny. (WSJ)