Leading BELA member companies share their strategies, expertise and solutions on some of the most important and challenging issues facing global companies. Initial Centers of Excellence showcase practices from The Boeing Company, Realogy, Microsoft, Wyndham Worldwide, Teradata and SABIC.
New York, NY – May 25, 2017 – Ethisphere’s Business Ethics Leadership Alliance is comprised of leading global companies committed to collaborating across the global community. Our new Centers of Excellence include multi-modality insights, tools, examples, policies, podcasts and more to help all companies mitigate risk and improve their performance. These Centers of Excellence come directly from member company requests and member companies stepping in with their expertise. The Business Ethics Leadership Alliance expects to have up to a dozen contributing company centers by the end of 2017 available for the entire global BELA community of companies.
Embodying the spirit of the BELA community and the impetus for the Centers of Excellence, David Howard, Microsoft’s Corporate Vice President and Deputy General Counsel, Litigation, Competition Law, commented, “There’s no competition between companies when it comes to compliance and ethics.”
Under the direction of Kevin McCormack, Vice President of Global Thought Leadership and Programs at Ethisphere, the new BELA Centers of Excellence will enable the sharing of content that will standardize ethical measurement, help companies improve their governance and ethics programs and, most importantly, create sustainable long-term value.
The initial launch includes five centers that contain practical insights around challenging subjects for ethics and compliance professionals with multiple modalities of information that are intended for immediate download and use. Companies within the BELA communities that exemplify best practices will be integral partners in developing the content for the program, including:
- Wyndham – Policy Best Practices
- Boeing – Structure of an Effective Global Trade Program
- Microsoft – Positioning Compliance as a Business Advantage
- Realogy – Manager Resources
- Teradata and SABIC – Building an Ethical Culture
“Studies show that consumers and stakeholders not only want to do business with ethical companies, they demand it. In fact, among Millennials and Generation Z, many won’t even consider conducting commerce with a company that does not illustrate acceptable values,” McCormack said. “Now, more than ever, the time is right for these types of discussions which will take place within the new BELA Centers of Excellence. We believe this is a ground-breaking innovation in the field of corporate compliance and ethics.”
“The BELA community has grown to the point where we have enough leaders with global experience to add credibility and support to the type of content pieces that are going to make a profound impact on ethics and compliance programs,” said Erica Salmon Byrne, Executive Vice President and Executive Director of BELA. “I’m thrilled that Kevin – who in his role with Ethisphere has built strong relationships with many BELA companies over the years – will be taking the lead on bringing these pan-industry best practices to light.”
In the coming weeks, the Business Ethics Leadership Alliance will be hosting member-driven local roundtables in cities around the globe including Minneapolis, New York City, Seattle, Boston and Frankfurt to provide a platform for candid exchanges aimed at helping executive leaders and their companies openly address strategic challenges and collaborate together around actionable solutions. For more, visit: http://bela.ethisphere.com/upcoming-events/.
Ethisphere and the Business Ethics Leadership Alliance will also host its fifth annual Latin America Ethics Summit in Miami on Thursday, June 15. To connect with company leaders and be part of the conversation, registration is still open for the Latin America Ethics Summit with full details here: https://latinamericaethicssummit.com/.
For more information on Ethisphere’s BELA community, visit: https://ethisphere.com/what-we-do/bela/.
The Ethisphere® Institute is the global leader in defining and advancing the standards of ethical business practices that fuel corporate character, marketplace trust and business success. Ethisphere has deep expertise in measuring and defining core ethics standards using data-driven insights that help companies enhance corporate character. Ethisphere honors superior achievement through its World’s Most Ethical Companies® recognition program, provides a community of industry experts with the Business Ethics Leadership Alliance (BELA) and showcases trends and best practices in ethics with Ethisphere Magazine. Ethisphere is also the leading provider of independent verification of corporate ethics and compliance programs that include: Ethics Inside® Certification and Compliance Leader Verification™. More information about Ethisphere can be found at https://ethisphere.com.
Director of Communications