Waste management company, Stericycle, has revealed the details of a deal to pay out $81 million to US Authorities to resolve a recent bribery probe. The company will also employ independent monitoring procedures for the next two years as a further measure.
$52 million of the payment will be criminal penalty to settle the probe which dates back to 2017.
Read more on wsj.com
Sembcorp turned to ethiXbase in 2020 to provide a third-party risk management solution that met its unique needs. Now, Sembcorp can better assess its partners, automate risk management tasks and report to regulatory authorities efficiently.
Sembcorp turned to ethiXbase in 2020 to provide a third-party risk management solution that met its unique needs. Now, Sembcorp can better assess its partners, automate risk management tasks and report to regulatory authorities efficiently.
A questionnaire enabling your business to uncover sanctioned entities or sanctions risk within its supply chain. This offers your business both protection and concrete evidence to show that you have taken the necessary steps to manage ongoing sanctions issues.
Our mission is simple – to protect our planet and its inhabitants and accelerate the world’s progress towards sustainability. We share this vision with leading businesses on a global scale, and here you can find some of our partners who have joined the fight faced by us all, and who share our vision and values.
The Mekong Club is one of the first not-for-profit organizations of its kind in Asia to use a ‘business-to-business’ approach to fight slavery. Bridging the gap between the public and private sectors, the Mekong Club helps companies of all sizes to understand the complexities of human trafficking and to reduce their vulnerability within their supply chains/business environment. Together with business partners, the Mekong Club is spearheading innovative and strategic projects to achieve a slave-free world.
Benefit from leading escalation tools, instant downloadable reports, risk assessment services, ongoing monitoring, and access to our sophisticated supply chain risk management platform with the ethiXbase Instant Due Diligence Report.
The perceived risk indicator (PRI™) enables you to benchmark and assess the risk of your third-party compliance program so you can apply a true risk-based approach to your supply chain management and risk prediction.
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ethiXbase helps Mitsubishi Electric US, Inc., one of the largest electronics companies in the world, to centralise and automate its third-party risk management process, in order to achieve greater efficiency and effectiveness.
From manual to automated, ethiXbase has transformed New Forests’ third-party risk and due diligence processes. As a result, it is now able to make better, more informed decisions about its third-parties as it grows – avoiding financial and reputational risk.
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Operational risks to supply chains have been growing over the last several years – compounded by the ongoing impact from COVID-19. Organisations need a new approach to manage ESG risk and build supply chain resilience.
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Elevate sustainability and deliver greater impact across your entire supply chain with the latest ESG capability from ethiXbase360. You are only as resilient as your weakest supplier.
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