The World Economic Forum (WEF) is getting ahead of the curve. Anticipating a future that may involve certain required corporate disclosures related to environmental, social, and governmental (ESG) aspects of business performance and risk, the WEF’s International Business Council — chaired by Bank of America CEO Brian Moynihan — has released a new report containing voluntary metrics.… Continue Reading
When the World Economic Forum’s Global Future Council on Transparency and Anti-Corruption gathered in Dubai last November, a pandemic was the last thing on our minds. We had been tasked by the World Economic Forum to think creatively and broadly about the future of integrity across institutions and cultures, and we spent three days doing just that.… Continue Reading
Goldman Sachs CEO David Solomon recently made headlines with his statement at the annual World Economic Forum meeting in Davos, Switzerland. “Starting on July 1 in the United States and Europe we are not going to take a company public unless there’s at least one diverse board candidate, with a focus on women,” Mr.… Continue Reading
In considering external operating risk, it has long been clear that corruption and negative human rights impacts correlate keenly.… Continue Reading
As Saudi Arabia prepares to assume the G20 presidency, the B20 – or Business 20 – has announced the creation of taskforces to address six thematic priorities in 2020. Featuring prominently this year again is the topic of integrity & compliance, alongside digitalization; energy, sustainability & climate change; finance & infrastructure; future of work & education; and trade & investment.… Continue Reading
A report by the European Commission describes how corruption affects member states and costs their economies around €120 billion a year.
The European Commissioner for Home Affairs, Cecilia Malmström, spoke at a news conference in Brussels Monday.… Continue Reading