Ethical Alliance Newsletter

ethiXbase Insights
Podcast: Taking Anti-Corruption off the ShelfIt is critical than ever for organizations to understand and acknowledge the risk of corruption within their business and commit to an anti-corruption program designed not just to provide a legal defence or to satisfy compliance and regulatory demands, but above all to actively reduce the likelihood of corrupt behavior within an organization. The mere existence of a token anti-corruption program stored on the proverbial shelf is simply not sufficient. Read more
Case Study: MitsubishiAs an industry leader in the manufacturing space, Mitsubishi was under pressure. Despite the company’s international reach, its legal and compliance team was spread thin. Third-party due diligence checks were usually conducted in an ad-hoc fashion, frequently resulting in cursory internet searches, which often proved cumbersome and ineffective. Read here
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Survey: Take our Survey and Enter our Prize drawYour business, like every business, is strongly connected with sustainability and environmental, social, and governance (ESG) concerns. As the case for a stronger ESG and sustainability proposition becomes more compelling, a comprehensive understanding of how your business can fully maximise the benefits is required. Take our survey to understand more, and win prizes!
Editor’s Selection: World headed for 2.4C warming despite climate summit Despite pledges made at the climate summit COP26, the world is still nowhere near its goals on limiting global temperature rise, a new analysis shows.It calculates that the world is heading for 2.4C of warming, far more than the 1.5C limit nations committed to. Read more
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United Kingdom: World-leading Environment Act becomes lawThursday, November 11, 2021 4:10 PMLegislation that will protect and enhance our environment for future generations has now passed into UK law. Through the Act, we will clean up the country’s air, restore natural habitats, increase biodiversity, reduce waste andRead more Mexico: Anti-money laundering chief resigns amid scandalThursday, November 11, 2021 3:50 PMThe head of Mexico’s Financial Intelligence Unit (UIF), the agency in charge of cracking down on money-laundering operations, has resigned following a scandal related to his wedding in Guatemala. Santiago Nieto, long seen as aRead more Saudi Arabia: 172 arrested in Saudi Arabia’s anti-corruption effortsThursday, November 11, 2021 3:40 PMThe Oversight and Anti-Corruption Authority announced the arrest of 172 people on charges related to financial and administrative corruption in government agencies, according to an article in Al Ekhbariya. The authority stated on its TwitterRead more Australia: Widespread money laundering in property locking out Australians from owning homes, Senate toldThursday, November 11, 2021 3:30 PMWeak and outdated laws are allowing widespread money laundering in the property sector, making Australia a “destination of choice” for illicit funds and “locking many Australians out of owning their own homes”, a Senate inquiryRead more China: China’s top Cop26 delegate says it is taking ‘real action’ on climate targetsThursday, November 11, 2021 3:20 PMChina has detailed and concrete plans on how to meet its climate commitments, and is pushing those plans forward vigorously, unlike some countries that are “paying lip service” to their climate targets, the head of