Criminals including terrorists and tax evaders, as well as government officials subject to sanctions, can easily breach regulations meant to bar them from the international finance system, a study has found. Banks and other
The Australian clean energy industry has warned of growing evidence linking renewable energy supply chains to modern slavery, and urged companies and governments to act to eliminate it. A report by the Clean Energy Council, representing
Coca-Cola Company has escaped the false advertising lawsuit waged against it by an environmental activist group, which accused the Atlanta-headquartered beverage giant of greenwashing by marketing itself as “a sustainable and environmentally friendly company, despite
The global production of solar panels is using forced labour from China’s Uyghur Muslims in Xinjiang province, an investigation has found. Xinjiang produces about 45% of the world’s supply of the key component, polysilicon, the research
Author: Paul Johns, CMO at Ethixbase World Cup 2022 Highlights Hidden Risks in Third-Party Relationships After a four-year cycle in which the world has undergone an overwhelming transformation, it’s time to anticipate another FIFA
As net zero has become an organizing principle for business, executives are on the spot to lay out credibly how they will deliver their transition to net zero while simultaneously building and reinforcing resilience against
The European Union has agreed to a law that sets national targets to reduce overall carbon emissions by the end of the decade across sectors including agriculture, buildings, and transport. Negotiators of the European
Looking Beyond the Acronyms: A More Practical Approach to ESG & GRC Companies that adhere to ESG standards and GRC policies sometimes miss the forest for the trees. Although they want to be known
Extensive Questionnaire Will Uncover Lieferkettengesetz (SCDDA) Compliance Gaps Official guidelines for Germany’s Supply Chain Due Diligence Act (SCDDA), or Lieferkettengesetz Act, are now available. Released on 14 October 2022 by the competent authority, the Federal
The burden of ESG compliance on third parties located in developing countries and ultimately the company utilizing them can be great. Supplier businesses that attempt to operate sustainably can be at an economic disadvantage if
Glencore’s Record Billion-Dollar Fines Up the Ante for Anti-bribery Violations The anti-bribery case against Glencore, one of the world’s largest mining and commodity-trading companies, illustrates how serious the repercussions can be for GRC noncompliance. Within
Despite promises by the government to eradicate trafficking rings, people are still being sold in Cambodia and forced to run online scams. In September Cambodian authorities recovered evidence of human trafficking, kidnapping, and torture during
