Ethics Archives – Page 2 of 5

March 20, 2024

Consumer Goods & Services, Ethics, Governance

Exec Chair Misconduct Allegations […] TKO saw a “massive reputation value drop,” according to Steel City Re’s Resilience Monitor.

March 11, 2024

ESG/Social Responsibility, Ethics, Governance, Legal

“If we do not successfully manage expectations across these varied stakeholder interests, it could erode stakeholder trust, impact our reputation, and/or constrain our investment and fundraising opportunities,” one filing said.

A “flurry of securities filings noting potential legal and reputation risks stemming from diversity, equity and inclusion efforts follows the US Supreme Court’s June decision .” […] “If we do not successfully manage expectations across these varied stakeholder interests, it could erode stakeholder trust, impact our reputation, and/or constrain our investment and fundraising opportunities,” one filing said.

March 1, 2024

ESG/Social Responsibility, Ethics, Governance, Innovation, Legal, Parametric Reputation Insurance, Quality, Safety, Security

Reputation risk management is an efficient strategy for interconnected risk. “Risk interconnectivity — the interdependence of various risks, illustrating how one risk can affect or amplify others across systems — is of growing concern to global risk managers. […] Andrew Chung, litigation, arbitration and investigations partner at Linklaters, said the key enterprise risks that are top of mind for clients today are interconnected. He explained: “We are seeing how risks across financial crime, cyber, ESG and energy transition, digital transformation and AI, and geopolitics including supply chain and sanctions all have common elements and data, so now require an enterprise-wide and holistic lens more than ever, to properly manage the risks.”

February 8, 2024

Ethics, Governance, Health, Quality, Safety, Security

Pharma has a misinformation problem — and execs could be on the hook. While vaccine-related misinformation is prevalent, it’s not the only threat. False information can arise around ethics, innovation or safety, and threaten a pharmaceutical firm’s reputation, viability and profitability. Reducing the damage from these threats requires a proactive approach. […] Kossovsky agrees.

October 11, 2023

Captives, CFOs, CLOs, Commercial Services, Communications (Corp) & Media, Consumer Goods & Services, D&Os, Education, Energy & Mining, ESG/Social Responsibility, Ethics, Finance, Food, Geopolitics, Governance, Health, Innovation, IR/CMOs, Legal, Parametric ESG insurance, Parametric Reputation Insurance, Personal Cost, Quality, Safety, Security, Transportation, Utilities

Steel City Re Intelligence Unit Briefing: What derailed the ESG movement & what boards expect from risk management in the aftermath.

Steel City Re CEO and former Los Angeles County deputy coroner on what derailed the ESG movement & what boards expect from risk management in the aftermath.

Tech Companies Changed Policies – Corporate Counsel

CLOs, Consumer Goods & Services, Ethics, Industrials & Technology, IR/CMOs, Legal

Tech companies changed policies. “(S)parking outsized emotional reactions, Kossovsky said,…are a hallmark of matters carrying serious reputational risks.”

September 6, 2023

Captives, Commercial Services, Communications (Corp) & Media, Consumer Goods & Services, Education, Energy & Mining, ESG/Social Responsibility, Ethics, Finance, Food, Geopolitics, Governance, Health, Legal, Personal Cost, Transportation, Utilities

We help risk managers manage risk and add value across Boardrooms, C-Suites, and operational silos through reputation resilience.

July 23, 2022

Captives, CFOs, CLOs, Commercial Services, Communications (Corp) & Media, Consumer Goods & Services, D&Os, Education, Energy & Mining, Ethics, Finance, Food, Governance, Health, Innovation, IR/CMOs, Legal, Quality, Safety, Security, Transportation, Utilities

Managing corporate reputation is a lot like mixing a cocktail. Both activities embody the same mission-critical principles: authenticated thoughtful risk management and dutiful governance over everything that is mission critical. Everything in the process is #strategic. At the tactical level, the process begins by understanding what stakeholders expect; and understanding that an effective risk management system comprises risk education and threat intelligence, management, and transfer processes (aka insurance) involving the entire enterprise risk management apparatus bounded by the organizations capabilities.