INSIGHTS INTO THE PRACTICES OF THE WORLD’S MOST ETHICAL COMPANIES

In the spirit of sharing leading practices, Ethisphere has launched a new report series: Insights from the 2020 World’s Most Ethical Companies.

Grounded in Ethisphere’s proprietary Ethics Quotient®, the World’s Most Ethical Companies assessment process includes more than 200 data points on culture, environmental and social practices, ethics and compliance activities, governance, diversity, and initiatives to support a strong value chain

The 2020 World’s Most Ethical Companies:

132

honorees

51

countries

21

industries

WHAT’S INSIDE

Volume One: Remotely Managing a Global Program Effectively

  • Global program structure

  • The effective use of internal steering committees to broaden reach and impact across an organization

  • The role of ethics and compliance in the due diligence process of mergers and acquisitions

  • Why liaison and incentive programs matter to a fair and ethical culture

Volume Two: Third-Party Management

  • The expanding focus areas of due diligence, including data protection and more

  • How third-party codes are implemented and where they fall short

  • Communication, training, and improving third-party capabilities

  • How E&C is included in ongoing performance reviews

Volume Three: Training and Communications

  • Building an effective training plan

  • Training targeting and practices

  • Measuring training effectiveness

  • Communications – modalities and storytelling

OTHER RESOURCES

WEBCAST | INSIGHTS AND TRENDS FROM THE 2020 WORLD’S MOST ETHICAL COMPANIES

Watch the Replay

Presentation Slides

WHAT THE DATA TELLS US

WME Honorees have increasing seniority and growing authority

90%

90% provide significant input in strategic business development decisions for organizations – up from 78% five years ago.

95%

95% provide significant input in product/supplier sourcing decisions – up from 76% five years ago.

WME companies continue to have strong liaison programs

E&C monitoring is on the rise

0%

Honoree companies with liaison programs have incorporated software tools specific to ethics and compliance or governance, risk, and compliance – a 15-point increase over 2019 honorees

0%

perform an assessment to determine whether a third party has the capability and controls to meet the ethics and compliance requirements in their contracts for at least some risk areas

Multiple Metrics to Gauge Training Effectiveness

0%

track misconduct trends

0%

conduct ethical culture assessments