ILA - The Luxembourg Institute of Governance’s Post

We are pleased to share 𝗚𝘂𝗶𝗱𝗮𝗻𝗰𝗲 𝗼𝗻 𝗘𝘁𝗵𝗶𝗰𝘀 𝗳𝗼𝗿 𝗕𝗼𝗮𝗿𝗱 𝗠𝗲𝗺𝗯𝗲𝗿𝘀 produced by the Fraud and Integrity Working Committee to emphasise the importance of ethics and integrity in #corporate #governance. Beyond regulatory compliance, maintaining an ethical business culture and a higher degree of accountability is vital for Board Members and senior management, fostering #stakeholder trust and offering a competitive advantage in today's conscious environment. #Integrity, #transparency, and #accountability are key to long-term success. The guidelines include the following recommendations, useful for establishing a culture of ethics and integrity in every business. 🔹Set the tone from the top 🔹Adopt and publish corporate values and ethical standards 🔹Identify, monitor and mitigate ethical risk and stakeholders’ satisfaction 🔹Keep a watchful eye for mismatches between words and actions 🔹Deal appropriately with misconduct Read the summary article 👉 https://lnkd.in/dZBdHym8 The complete whitepaper is available for ILA members only at this link 👉 https://lnkd.in/dd7z26hc #BusinessEthics #CorporateGovernance #GovernanceBestPractices #EthicalStandards #Corpgov #Luxembourg

  • No alternative text description for this image
Marco Feiten

CEO @ scrioo ⁝⁝⁝⁝ Managing Director @ CURE Intelligence

1mo

"Identify, monitor and mitigate ethical risk" 👉 If you search for an excellent solution, have a look on scrioo. The platform helps companies with due diligence in the supply chain, in particular with self-monitoring and the monitoring of suppliers, distributors and partners.

Katy Dyzewska, MBA

Independent Director • Interim Executive • Finance Consultant • Finance & Reporting • Business Coaching Helping your business understand finance

1mo

Thank you so much for sharing it

See more comments

To view or add a comment, sign in

Explore topics