Ethical Alliance Newsletter

Christmas Edition 2021 - Ethical Alliance Daily News_Banner_733x200
Round-up ethiXbase Top 6 Articles for Year 2021
No 1: eBook: Anti-Bribery and Corruption on a Global Scale While much of the world came to a stop in the face of the COVID-19 crisis, one thing that did not was corruption on a global scale. In 2020, Transparency International received more than 1,500 reports of corruption related to COVID-19 from citizens witnessing wrongdoing in a number of areas, including the delivery of humanitarian aid, the enforcement of restrictions on travel and movement, and in the provision of COVID-19 testing and treatment. Read more
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No 2: Whitepaper: Global Modern Slavery Legislation 2021 In July 2020, British online fashion chain Boohoo made headlines over allegations of low pay and unsafe working conditions in its supply chain. An official report concluded that the retailer had put profits over people; its monitoring of its supplier factories was “inadequate” because of weak corporate governance, while failure to assess the risk to workers during the pandemic was “inexcusable.”   Read more
No 3: Roundtable: Preparing for the German Due Diligence Act The German Due Diligence Act, known as the Lieferkettensorgfaltspflichtengesetz was adopted by the Bundestag in June 2021 and comes into force from 1 January 2023. The new legislation requires major businesses in Germany to carry out an internal analysis of their operations, introduce preventative measures, and establish an effective complaints mechanism to combat modern slavery risks in their global supply chains. Read more
No 4: Case Study: New Forests New Forests is a sustainable investment manager specialising in responsible forestry. When the company needed a customised due diligence solution to support its international growth, it turned to ethiXbase. Its legacy due diligence processes was manual and complex – and no longer suited a company with bold ambitions. Read more
No 5: Blog: The Future of ESG Reporting: Are You Prepared? While the topic of ESG reporting is not new, it continues to gain attention with the rise of climate-related regulations and policies. For companies to maintain strong relationships with their stakeholders, they must disclose their ESG efforts. In this article, we examine the current state of ESG reporting and what businesses should keep in mind moving forward. Read more
No 6: Roundtable: Emerging Risks in 21st Century Supply Chains When it comes to supply chain risk management in the 21st century, it’s not just the FCPA, theft, fraud and money laundering that organisations should worry about. New risks such as ESG weaknesses, forced labour, cyber-attacks and political risks are rapidly emerging as causes of concern and are more likely to indirectly impact large multinationals through their overseas supply chains or business partners. Read more
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