An introduction to GoodCorporation A short history The measure of a good company.
27
1 An introduction to GoodCorporation A short history The measure of a good company
-
Upload
naomi-collymore -
Category
Documents
-
view
215 -
download
1
Transcript of An introduction to GoodCorporation A short history The measure of a good company.
An introduction to GoodCorporation
A short history
The measure of a good company
2
GoodCorporation’s Business at a Glance
o Founded in the UK in 2000, GoodCorporation is recognised worldwide as one of the leading organisations working in the field of corporate responsibility and business ethics
o We conduct independent and confidential assessments of ethical management practices and have completed over 400 assessments in more than 60 countries
o We also support our clients through training, consultancy and further compliance services and resourcing
o We have over 100 clients ranging from 17 FTSE 100 and 6 CAC 40 clients to smaller, private businesses
o We have worked in 60 countries globally
3
Examples of our Clients
4
Assessments around the world
The GoodCorporation assessments are applied intelligently in each cultural context, using expert assessors working with locally trained counterparts
Algeria Germany
Angola Gibraltar PolandArgentina India Portugal
Belgium Indonesia Qatar
Bolivia Ireland Romania
Brazil Israel Russia
Brunei Italy Saudi Arabia
Bulgaria Japan Senegal
Burma Kazakhstan Singapore
Cambodia Kenya South Africa
Cameroon Libya South Korea
Canada Malaysia Spain
Central African Rep. Mexico Sweden Turkey
China Morocco Switzerland UAE
Congo Myanmar Syria Uganda
Czech Republic Netherlands Tanzania UK
Egypt New Zealand Thailand USA
France Nigeria Trinidad and Tobago Venezuela
Gabon Norway Tunisia Yemen
5
Certification
GoodCorporation support
• Checking
• Identifying the gaps
Filling the gaps
• Embedding practice
and culture
• Preparation for
checking
GoodCorporation’s Business
Assessment
Consultancy, training and resourcing
6
GoodCorporation’s Product Portfolio
Assessments
o Anti-bribery and corruption high level reviewo Anti-bribery and corruption site level reviewo Bespoke assessmento Community Programme Evaluationo Ethics assessmento Evaluations against established standards e.g.
ISO26000, BS10500o GoodCorporation Standard certificationo Project Assessmento Small Organisation Assessmento Treating Customers Fairlyo BnEI founding partner and assessoro IiI founding partner and assessor
Consultancy
o Benchmarkingo Code of Conduct reviewo Code of Conduct developmento Policy review and developmento Process and systems designo Training designo Training and embeddingo Setting up, managing/supporting
compliance functionso Due diligenceo Mystery customer reviewso Bespoke ethics consultancyo Development of industry-wide
business integrity initiatives
The measure of a good company
The GoodCorporation Standard
8
The GoodCorporation Standard
o The GoodCorporation Standard is a standard of responsible business practice, developed in conjunction with the UK Institute of Business Ethics
o It covers an organisation’s management of its employees, customers, suppliers, shareholders, its environmental impacts and relationship with the communities in which it operates
o GoodCorporation gives an independent assessment and accreditation of an organisation against the Standard
o Company or sector-specific management practices can be added to the GoodCorporation Standard for inclusion in the assessment process
o All GoodCorporation reports are reviewed and approved by its independent Accreditation Council, chaired by Simon Webley, Research Director at the Institute of Business Ethics
9
How does GoodCorporation Assess?
o Set-upo an assessment framework and the scope of work are agreedo a timetable is developed with the client project managero samples of employees, customers, etc. are selected for the interview programme
o Assessmento the assessor interviews key functional managers from HR, HSE, sales etc. to understand how practices are
supposed to work, o the assessor reviews records, documents and system outputs as necessaryo the samples of stakeholders are interviewed: face-to-face, by phone or by e-poll
o Analysis and reportingo the assessor uses all the evidence gathered to evaluate how effectively the practices are working in reality,
grading each practice o a presentation is given to management to explain the findings and gradeso metrics are developedo report drafted, reviewed and finalised
o Accreditationo For organisations seeking accreditation the report is sent to the Accreditation Council for approval
10
Assessment Metrics: Overall Results versus Benchmark
8%
83%
8% 1%
Top Quartile
3%
64%
22%
10% 2%
GoodCorporation Standard Benchmark
1%
42%
32%
20%
5%
Bottom Quartile
2%
68%
14%
14%
Your company
11
Assessment Metrics:Stakeholder Group versus Benchmark
Employees
Customers
Suppliers and contractors
Community
Environment
Shareholders or equivalent
Management commitment
0 1 2 3 4 5
Your company GC Benchmark
12
The Use of GoodCorporation’s Assessment for Non Financial Reporting
commendation
the policy and system are examples of best practice
merit
the policy and system work well
observation
there is a policy and system that works but potential improvements have been identified
minor non-compliance
there is a policy and system that work but it is not always working
fail
there is no policy or system, or it has largely broken down
The assessor awards grades:The company can report:o That it has a process in place to systematically
assess its relationships with it key stakeholders: “We have a process to systematically and independently assess our stakeholder views about our business. We do this using the GoodCorporation assessment process.”
o If required, it can use the assessment grades to show its performance for a particular stakeholder group or show results of an e-poll
o An overall percentage can be given for each stakeholder group, based on a score of 1 for a fail grade and 5 for a commendation grade
o Where applicable, the company can report that it has achieved GoodCorporation Membership (no fail grade in the assessment)
13
Accreditation
o A grade is awarded for each of the business practices assessed
o Accreditation is achieved by obtaining no ‘fail’ grade anywhere in the assessment
o The ‘accredited’ logo for the year in question (e.g. ‘accredited 2013’) may be used indefinitely
o Re-accreditation can be achieved in subsequent years as required
o Good performance allows the organisation to be re-accredited in subsequent years, subject to a successful ‘surveillance’ visit (short audit of management processes only)
The measure of a good company
3. The GoodCorporation Framework on Bribery and Corruption
15
The GoodCorporation Framework on Bribery and Corruption
o The Anti-Bribery and Corruption (ABC) Framework is based on emerging international best practice
o It includes input from the OECD, Transparency International’s checklist, Ministry of Justice Guidance on the UK Bribery Act and the Basel Institute on Governance
o It covers an organisation’s policies and systems to reduce the risk of the company or its employees being involved in corrupt practices
o It can be used both at headquarters and at site level
o It addresses corruption risks broadly, covering not just bribes but: conflicts of interest, transparent purchasing, ethical risks in sales and marketing, relationships with the public sector, as well as management structure and processes
o The Framework is very adaptable: company, sector-specific or individual scheme requirements can be added to the GoodCorporation ABC Framework for inclusion in the programme and/or assessment process
o It aligns with BS10500
16
The GoodCorporation Framework on Bribery and Corruption
o The Framework aims to ensure adequate procedures, in the sense of the UK Bribery Act, are followed, and principles are grouped under the six Ministry of Justice Guidance headings:
o Top-level commitmento Communication and trainingo Risk assessmento Due diligenceo Key business functionso Compliance and monitoring
o GoodCorporation has been conducting anti-bribery and corruption work across a variety of industries including: telecommunications, oil and gas, defence, logistics and extractives
o This information is used to benchmark organisations within and/or across sectors
The measure of a good company
4. Industry Initiatives
18
5. The Banknote Ethics Initiative (BnEI)
o Banknote industry initiative (BnEI)o Launched May 2013o Initiative to promote ethical business practice
within the banknote industryo Focus on the prevention of corruption and on
compliance with anti-trust lawo Members sign up to a Code of Ethical Business
Practice (developed with the IBE)o They are audited against the BnEI Audit
Framework (based on The GoodCorporation Framework on Bribery and Corruption)
o A robust test that is practical and realistic for companies in the industry
The measure of a good company
5. GoodCorporation’s Support Services
20
GoodCorporation’s Due Diligence Services
GoodCorporation supports organisations to design a process adapted to their needs/risks to ensure adequate ethics safeguards in their supply chain
We can also help implement due diligence processes by facilitating three levels of screening using the GoodCorporation Due Diligence Questionnaire as a base
o Initial screeningo Preliminary risk assessment to screen for: low, medium, high
risko Risk-based due diligence based on:
Identifying red flags from questionnaire Independent background checks On-site interviews
21
3 stages:Initial Screening, Preliminary Risk Assessment, Risk-based Due Diligence
22
GoodCorporation’s Due Diligence Services
GoodCorporation’s due diligence screening service is based on direct interaction with the proposed supplier, with three levels of check available:
o One hour check – we ask the supplier to complete the GoodCorporation Due Diligence Questionnaire and check responses
o One day check – we phone and speak to the supplier and complete the missing details from the questionnaire
o One week check – we visit the proposed supplier and interview the directors/senior managers
23
GoodCorporation Compliance Support
Beyond high level and site level reviews, GoodCorporation offers a range of support services to help businesses manage compliance effectively:o Reviewing and developing policies o Reviewing and developing systemso Training: including tailored and highly interactive face-to-face training of individuals or teams based on relevant and
current case studieso Interim compliance support: fulfilling the ABC compliance function on a short-term basis as a fast way of setting up
a reliable compliance function e.g.o moving into new international markets o working on a short-term project o engaging in a joint venture partnership
This type of support can be used to:o Write local policies and procedures o Conduct due diligence on local entities o Conduct and document a local risk assessmento Review local books and records to ensure a local entity is operating in line with the company’s policies and
procedures.
The measure of a good company
6. Background Information
25
GoodCorporation Debates
Since 2002, GoodCorporation has held a series of high-profile debates on corporate responsibility…
26
Founding Advisory Panel
Panel members provided general guidance to GoodCorporation at its launch:
o Lord Sharman, former Chairman of Aviva Group plc and former global head of KPMG chaired GoodCorporation’s Founding Advisory Panel
o The panel contained representatives from business, NGOs and trade unions who supported GoodCorporation’s aims
o Founding members of the panel included Sir Alan Budd, Sir Anthony Cleaver, Julia Cleverdon OBE, Baroness Greengross, Will Hutton, Baroness Pauline Neville-Jones, Sir Peter Walters, Mike Leahy and Rory Murphy.
27
Contact
For more information, please contact:
Leo Martin, Director
Debbie Ramsay, Director Business Development
GoodCorporation LimitedBlades Court121 Deodar Road,London, SW15 2NUUnited Kingdom
Tel: +44 (0)20 8877 5300E-mail: [email protected]
www.goodcorporation.com
