Survey reveals lack of policies and procedures for corporate ethics
Less than half of firms have board oversight of corporate ethics, while only 42% undertake mandatory ethics training for employees.
Image: EtiAmmos/Shutterstock
The difficulties of driving companies towards more socially responsible behaviour has been illustrated this week by research revealing the corporate struggle over ethics.
After studying 750 companies in 90 countries around the globe the research finds that less than half have established “board oversight” of corporate ethics while only 42% undertake mandatory ethics training for employees.
Conducted by Principia Advisory, in partnership with law firm Clifford Chance, the International Chambers of Commerce, the Institute of Business Ethics, Involve and GlobeScan, the findings appear to show that while corporate leaders understand t
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