2023-01-10 00:00
The Most Comprehensive Third-Party Risk Management Platform restores control and supports a company’s complete value chain. Ethixbase360 reflects the critical need for third-party tran… Read More
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2023-01-10 00:00
It’s undeniable that the challenges of the past few years have transformed how businesses operate, andthat transformation extends to third-party risk management in a big way. The goals… Read More
2023-01-06 21:07
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Globalization has increased the complexity of supply chains beyond recognition with many businesses having thousands, an… Read More
2023-01-05 09:50
It comes after the range was discovered to have been made up to 5,000 miles away and delivered in single-use plastic. According to The Telegraph, this was despite several items being de… Read More
2023-01-05 09:22
Burmese workers that produced F+F jeans for Tesco in Thailand report being trapped in effectively forced labour, working 99-hour weeks for illegally low pay in appalling conditions, a Guardi… Read More
2022-12-19 14:52
Relative to global developed markets, ESG analytics in the Association of Southeast Asian Nations (ASEAN) region is at an early stage of development. A key challenge is the… Read More
2022-12-19 14:37
HSBC has announced it will stop financing new oil and gas fields, as part of its efforts to drive down global greenhouse gas emissions. Environment groups said the move sends “a… Read More
2022-12-16 13:53
Child Labor Scandal Puts Third-Party Governance in the Spotlight Fast fashion retailer Shein has vowed to invest millions to improve standards after admitting there were labor abuses at its… Read More
2022-12-14 16:22
Child Labor Scandal Puts Third-Party Governance in the Spotlight News of labor violations leading to human suffering is always difficult to receive, and emotions run even higher when those v… Read More
2022-12-14 14:29
A swiftly changing geopolitical and macroeconomic backdrop has shifted the ESG and climate landscape at a rapid pace, making it imperative that investors understand the challenges and opport… Read More
2022-12-14 14:19
Swiss engineering and technology group ABB Ltd (ABBN.S) agreed to pay more than $315 million to resolve an investigation into a bribery case at a South African state-owned energy c… Read More
2022-12-14 13:52
Ongoing Sanctions Demand Supply Chain Vigilance In the 21st century, some of the most powerful weapons employed against aggressive nations, rogue regimes, and criminal organizations are econ… Read More
2022-12-07 16:16
Florida’s chief financial officer said on Thursday his department would pull $2 billion worth of its assets managed by BlackRock Inc (BLK.N), the biggest such divestment by a stat… Read More
2022-12-07 16:11
The three European Supervisory Authorities (ESAs), namely the European Banking Authority (EBA), European Insurance and Occupational Pensions Authority (EIOPA), and European Securities and Ma… Read More
2022-12-07 15:55
Author: James Swenson, Managing Director, Ethixbase Enhanced Due Diligence in Construction and Real Estate Addressing Crime Practices in Construction According to the Wor… Read More
2022-12-02 14:43
Criminals including terrorists and tax evaders, as well as government officials subject to sanctions, can easily breach regulations meant to bar them from the international finance sy… Read More
2022-12-01 22:28
Summary
Modern slavery occurs in almost every country in the world and cuts across ethnic, cultural, and religious lines.
More than half of all forced labor can be found in upper… Read More
2022-12-01 22:23
Summary:
In This Webinar Recording:
Discover why Tcompliance was acquired by Ethixbase and learn more about Tcompliance’s mission to assist its customers in educating t… Read More
2022-12-01 20:02
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… Read More
2022-11-30 12:54
The Australian clean energy industry has warned of growing evidence linking renewable energy supply chains to modern slavery, and urged companies and governments to act to eliminate it. A re… Read More
2022-11-30 12:47
Coca-Cola Company has escaped the false advertising lawsuit waged against it by an environmental activist group, which accused the Atlanta-headquartered beverage giant of greenwashing by mar… Read More
2022-11-22 22:09
If you would like to know how Ethixbase360 can help you manage supply chain ESG and modern slavery risks, reach out to us for a consultative discussion.
Ethixbase360 helps businesses iden… Read More
2022-11-22 15:40
The global production of solar panels is using forced labour from China’s Uyghur Muslims in Xinjiang province, an investigation has found. Xinjiang produces about 45% of the world&rsqu&hell…Read More
2022-11-21 15:28
Author: Paul Johns, CMO at Ethixbase World Cup 2022 Highlights Hidden Risks in Third-Party Relationships After a four-year cycle in which the world has undergone an overwhelming transf… Read More
2022-11-16 12:51
As net zero has become an organizing principle for business, executives are on the spot to lay out credibly how they will deliver their transition to net zero while simultaneously building a… Read More
2022-11-16 10:43
The European Union has agreed to a law that sets national targets to reduce overall carbon emissions by the end of the decade across sectors including agriculture, buildings, and transport… Read More
2022-11-15 12:16
Looking Beyond the Acronyms: A More Practical Approach to ESG & GRC Companies that adhere to ESG standards and GRC policies sometimes miss the forest for the trees. Although they… Read More
2022-11-15 10:03
Extensive Questionnaire Will Uncover Lieferkettengesetz (SCDDA) Compliance Gaps Official guidelines for Germany’s Supply Chain Due Diligence Act (SCDDA), or Lieferkettengesetz Act, are… Read More
2022-11-11 14:37
The burden of ESG compliance on third parties located in developing countries and ultimately the company utilizing them can be great. Supplier businesses that attempt to operate sustainably… Read More
2022-11-11 10:36
Glencore’s Record Billion-Dollar Fines Up the Ante for Anti-bribery Violations The anti-bribery case against Glencore, one of the world’s largest mining and commodity-trading com… Read More
2022-11-09 14:07
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2022-11-09 13:29
Despite promises by the government to eradicate trafficking rings, people are still being sold in Cambodia and forced to run online scams. In September Cambodian authorities recovered eviden… Read More
2022-11-09 12:35
The Australian Securities and Investments Commission has fined Tlou Energy for making misleading statements to the ASX about its green credentials. The corporate regulator has i… Read More
2022-11-08 12:12
Building an Effective Sanctions Compliance Program The Author: James Swenson, Ethixbase Business interruption – primarily caused by supply chain disruption – was one… Read More
2022-11-07 15:59
Explore, Enhance, Engage: the Cycle that Powers Progress in Governance The Author: Tristan Atkins, Chief Product, and Technology Officer, Ethixbase As threats to supply chains c… Read More
2022-11-04 15:12
Author: James Swenson, Managing Director, Ethixbase Addressing Bribery and Crime Risk in Aerospace Aerospace companies are particularly exposed to bribery and corruption due to… Read More
2022-11-04 15:12
Enhanced Due Diligence in Aerospace: Managing Bribery and Crime Risk Author: James Swenson, Managing Director, Ethixbase Addressing Bribery and Crime Risk in Aerospace Aerospace compan… Read More
2022-11-02 12:18
In the Campos basin off the south-east coast of Brazil, two ships contracted by a major energy corporation will be used to mine vast quantities of oil in a project that could generate more t… Read More
2022-11-02 12:10
The UK’s Serious Fraud Office has launched an investigation into suspicions of bribery at mining and commodity trading group Glencore. The SFO said, “it is investigating suspicio… Read More
2022-10-31 12:25
Paul Johns, CMO at Ethixbase talks to Michael Wiedmann, lawyer and compliance expert at Norton Rose Fulbright about the latest Lieferkettengesetz, or German Supply Chain Due Diligence Act (A… Read More
2022-10-27 13:57
The Reshoring Debate: The Solution to Supply Chain Disruption? Fueled by free trade policies, the post-war economic expansion introduced a new era of globalization. The global expansion of t… Read More
2022-10-27 10:05
PARIS (Reuters) – French authorities are in talks with planemaker Airbus that could lead to the expansion of a record multi-national bribery settlement agreed in 2020, prosecutors said… Read More
2022-10-27 10:01
The 2020s may mark the beginning of a fundamental shift for corporations: from pure profit maximization to a new approach to growth—one that gives due weight to the health of soci… Read More
2022-10-26 11:56
The raid of German asset manager DWS by 50 police officers last month ushered in a new type of corporate scandal. Financial institutions are typically raided because of suspected money laund… Read More
2022-10-24 12:41
Ethixbase Responds To Corporate Demand For Comprehensive Supply Chain Solutions With Acquisition of Tcompliance LONDON, U.K, October 18, 2022 – Ethixbase, a leading provider of… Read More
2022-10-19 14:46
French cement maker Lafarge pleaded guilty on Tuesday to a U.S. charge that it made payments to groups designated as terrorists by the United States, including Islamic State.The admission in… Read More
2022-10-19 12:42
BS 25700 provides organizations with guidance for addressing the risk of modern slavery, including prevention, identification, response, remediation, mitigation, and reporting. The Be… Read More
2022-10-19 12:34
As Egypt prepares to host November’s COP27 climate summit, Egyptian activists have issued an urgent appeal to the global climate justice movement not to be taken in by the regime&rsquo&hell…Read More
2022-10-18 06:00
Acquisition forms one of the most complete, unique solutions on the market for third-party risk management and supply chain transparency. LONDON, U.K, October 18, 2022 – Ethixba… Read More
2022-10-17 14:56
Author: Michael Rasmussen, GRC Analyst & Pundit at GRC 20/20 Research, LLC ESG and the Geopolitical Complexities of Supplier Risk How do you define the modern organization?… Read More
2022-10-14 14:49
Increasing Agility: ESG Regulators Catch Up to Fast Fashion In the early 1990s, Zara laid out a mission to get clothing from the design stage to store shelves in just 15 days–an… Read More
2022-10-12 09:37
British Cycling has faced criticism from environmental groups after announcing an eight-year partnership with energy company Shell UK. The governing body said the deal, which begins this mon… Read More
2022-10-12 09:10
Two Australian men have been charged with bribing Sri Lankan officials to secure infrastructure contracts worth millions of dollars. Australian police arrested the pair last month after a de… Read More
2022-10-11 09:51
Today, it’s not enough for business leaders to echo their company values across social media. Regulators, investors and consumers alike are often just a click away from environmental… Read More
2022-10-05 16:41
Growing Into Governance: Moving Beyond Supply Chain Management There’s no doubt that supply chain management is a more complex challenge than ever. Two years of continuous upheaval hav… Read More
2022-10-04 13:33
Taekwondo has been rocked by blockbuster claims by a former senior official that he helped to pay bribes to secure the sport’s place in the Olympics. Ho Kim, a South Korean who was the… Read More
2022-10-04 11:35
“As consumers become increasingly interested in purchasing sustainable products, there are growing concerns that some businesses are falsely promoting their environmental or green cred… Read More
2022-09-29 11:30
Oracle Corp will pay about $23 million to resolve charges its units in Turkey, the United Arab Emirates and India used slush funds to bribe foreign officials in order to win business, the U… Read More
2022-09-27 13:21
Unilever countered that the advert showed how its liquid detergent was “kinder” to the planet because it saved energy by cleaning in fast washes and at lower temperatures. It als… Read More
2022-09-27 13:14
“(Glovo) has violated fundamental labour rights and they have obstructed the work of the investigation. For this reason, action has been taken against this company,” Diaz told re… Read More
2022-09-20 12:52
“More consumers and investors are beginning to see some retailers’ policies in the U.S. as at odds with much of their ESG-based rhetoric around issues like collective bargaining… Read More
2022-09-20 11:36
“The Patagonia label has amassed a cult following due to sustainability moves like guaranteeing its clothes for life and offering reasonably priced repairs. It is famous for an advert… Read More
2022-09-20 08:40
“Brazil airline Gol Linhas Aéreas Inteligentes SA will pay more than $41 million to resolve parallel bribery investigations by criminal and civil authorities in the United… Read More
2022-09-15 08:30
“In the course of the investigation, the two retailers indicated they were willing to adjust their practices and to make commitments, ACM said, adding that it will enforce compliance w… Read More
2022-09-14 09:01
Latest estimates show that forced labour and forced marriage have increased significantly in the last five years, according to the International Labour Organization, Walk Free and the Intern… Read More
2022-09-07 11:54
Across industries, companies that rely on transported materials for their operations have gained hard-earned knowledge from major disruptions over the past couple of decades. During times of… Read More
2022-09-07 11:43
The key accuser in a case against mining magnate Beny Sheinmetz began testifying on Thursday in Geneva over his claim he moved bribe money for the Israeli businessman. Beny Steinmetz is faci… Read More
2022-09-06 13:04
“The key accuser in a case against mining magnate Beny Steinmetz began testifying on Thursday in Geneva over his claim he moved bribe money for the Israeli businessman. Steinmetz is fa… Read More
2022-08-30 14:56
Author: Paul Johns, chief marketing officer, ethiXbase As supply chains continue to reel after the multiple blows dealt by the pandemic, the Russia-Ukraine war and the mounting crises spurre… Read More
2022-08-25 16:20
As European firms work to cut Russia-produced metals and other critical minerals out of their supply chains, experts warn that alternative options are scarce and rife with ESG risks. This ar… Read More
2022-08-25 15:49
Florida Governor Ron DeSantis is the latest Republican politician to take aim at environmental, social and governance investment strategies by eliminating such considerations for the state p… Read More
2022-08-25 15:38
As businesses face an escalating demand for ethical sourcing and operations, ESG has evolved from an idealized concept to a radically divisive topic in a matter of just months. With consumer… Read More
2022-08-18 16:03
New regulatory rule-making around disclosure could push companies and financial services firms to move their ESG activities under the oversight of risk and compliance teams. Last March, the… Read More
2022-08-18 15:39
A special report commissioned by a United Nations office said it was “reasonable to conclude” that Uyghurs and other ethnic minorities in China were the victims of stated-backed… Read More
2022-08-18 15:21
Today, it’s not enough for leaders to ensure their company values are echoed through the halls of social media. Regulators, investors and consumers alike are often just a click away fr… Read More
2022-08-18 14:50
Despite growing pushback against Environmental, Social and Governance (ESG) investing, companies must face the fact that ESG isn’t just a trend to wait out. Alarm bells began ringing i… Read More
2022-08-11 16:41
Although valid questions have been raised about ESG, the need for companies to understand and address their externalities is likely to become essential to maintaining their social license. M… Read More
2022-08-11 16:31
Boston Scientific (NYSE:BSX) is investigating claims that the company violated the U.S. Foreign Corrupt Practices Act in Vietnam. Marlborough, Massachusetts–based Boston Scientific dis… Read More
2022-08-10 15:07
Author: Leas Bachatene, CEO, ethiXbase Today, it’s not enough for leaders to ensure their company values are echoed through the halls of social media. Regulators, investors and consume… Read More
2022-08-10 15:07
Author: Leas Bachatene, CEO, ethiXbase Today, it’s not enough for leaders to ensure their company values are echoed through the halls of social media. Regulators, investors and consume… Read More
2022-08-04 14:35
The United States on Monday imposed sanctions on Chinese and other firms it said helped to sell tens of millions of dollars’ in Iranian oil and petrochemical products to East Asia as i… Read More
2022-08-04 14:09
European companies turning to coal as an alternative to Russian gas face a hit to their environmental, social and governance ratings, leaving them scrambling to impress investors still vocal… Read More
2022-07-28 15:31
The UK government has sanctioned Russian-imposed leaders of breakaway regions in Ukraine.Two leaders of the so-called Donetsk and Luhansk People’s Republics have had their assets froze… Read More
2022-07-28 15:21
A newly published report details that the cryptocurrency exchange Kraken is under federal investigation for allegedly violating U.S. sanctions, according to five people familiar with the mat… Read More
2022-07-20 15:38
U.S. allies appear committed to following Washington’s lead banning forced labor goods from China’s Xinjiang region, a senior U.S. official told Reuters on Monday, warning compan… Read More
2022-07-20 15:20
Two congresswomen made a bipartisan call for companies to take action to comply with a newly operative U.S. law intended to block the import of goods made with Uyghur forced labor. The remar… Read More
2022-07-14 12:02
Uber secretly hired a political operative linked to Russian oligarchs in an attempt to buy influence in the country, despite concerns that paying the lobbyist risked bribes being paid to &ld&hell…Read More
2022-07-13 14:30
Pressure is growing on regulators to formally scrutinise the data and rating providers who award investments high or low scores on environmental, social and governance (ESG) principles. An i… Read More
2022-07-13 14:25
Two asset managers from Switzerland and Argentina have been charged in an alleged $1.2 billion Venezuelan money laundering scheme, the U.S. Justice Department said on Tuesday. An indictment… Read More
2022-07-13 13:08
Investing based on environmental, social, and corporate governance (ESG) principles became a $35 trillion industry on the back of a long run-up in stocks that lasted from 2009… Read More
2022-07-04 11:56
Over two-thirds of European asset managers and distributors are considering halting the launch or distribution of products that do not comply with environmental, social and governance (ESG)… Read More
2022-07-04 11:49
Canada is persisting with its fairly relaxed approach to regulating funds claiming environmental, social and governance (ESG) credentials despite recent allegations of “greenwashing&rd&hell…Read More
2022-07-01 10:20
On 29 June, the UK Government announced additional sanctions on 13 Russian individuals including Said Gutseriev, a Russian-British businessman. These latest sanctions have resulted in calls… Read More
2022-07-01 08:40
China has won an overwhelming victory in the fight against corruption in the past decade with the anti-graft watchdog investigating 4.39 million cases and punishing 4.7 million people as of… Read More
2022-07-01 08:31
Russia’s invasion of Ukraine has exposed a gap in socially-minded investing – a hands-off approach to geopolitics and human rights. Before Moscow sent troops into Ukraine on Feb… Read More
2022-07-01 08:25
A federal appeals court has thrown out the 2020 bribery and fraud conspiracy convictions of insurance magnate Greg Lindberg and also consultant John Gray, who were caught on tape offering No… Read More
2022-06-27 12:10
With only six months to go, is your business ready for new human rights due diligence legislation? To be compliant with the new German Supply Chain Due Diligence Legislation, the Lieferkette… Read More
2022-06-22 16:12
Germany is preparing legislation to prohibit cash transactions in the real-estate market to step up efforts to fight money laundering and other financial crimes. “Our national risk ass… Read More
2022-06-22 15:24
In the past few years there has been an onslaught of regulatory changes regarding environmental, social, and governance considerations, signalling a sea change in the way advisers will do bu… Read More
2022-06-22 15:18
The war in Ukraine makes painfully clear that financial markets and anti-corruption are intimately intertwined with global security and democratic prosperity. For weeks, anti-corruption expe… Read More
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