Professional services firms are facing heightened scrutiny on ethics and integrity. In the audit sector, high-profile failures have prompted calls for urgent reform to safeguard market integrity. In consulting, ethical lapses and complicity in widespread harms are drawing attention to the ethics of the industry. And law firms are feeling growing pressure to pay attention […]
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How to respond to an ethics crisis
In the end it took less than 72 hours for confidence in Credit Suisse to collapse. Years of ethics and risk control failures had fatally eroded the trust of clients, investors, and regulators. The bank lost its CEO to a spying scandal, its chairman over Covid protocol breaches and was found guilty of laundering money […]
“Speaking with so many CEOs, I realized how stressed they are. They feel they are overexposed, that they need to know everything. There are so many moving pieces. Ethics is a way of managing these challenges and complexities.” Gonzalo Brujo, Global CEO at Interbrand This insight captures neatly the two major sets of conclusions emerging […]
CSR. ESG. Purpose. Code of Conduct. There’s an endless succession of acronyms and phrases that companies use to describe what a moral philosopher would call “ethics.” Or, put simply: how individuals and organizations can do right by others.
In late 2022, then director of artificial intelligence at Tesla, Andrej Karpathy, shared on Twitter that 80% of his code was written by AI, adding: “I don’t even really code, I prompt and edit”. Artificial intelligence that can generate data (generative AI) promises to revolutionize the world of work, and yet this new technology comes […]
Listen to The RIGHT Kind of Uncomfortable now to learn from our chief executive’s experience and gain valuable insight into the ethics of business. In this candid conversation, Sarah Miller talks to James Pogue about the conversations she has had with global business leaders and their perspectives on the current state of organizational ethics. They […]
Reproductive rights have become a central workplace topic in the past two months, following the U.S. Supreme Court’s ruling which overturned Roe vs Wade and removed the constitutional right to abortion.
Wessel Reijers and Christine Jakobson argue that in the wake of the collapse of the crypto exchange FTX, amid accusations of ethics washing, there should be more focus on ethics, not less.
Pressure to measure and report on ESG standards has outweighed attention to the implications of ESG commitments for critical business decisions. So how can you ensure your organization’s approach to ESG enables you to make timely and effective decisions about how to act, when faced with events which are complex, fast-moving and hard to predict?
A lot has changed in the world of business since Steven Bardy began his career in the 1980s. He believes one of the most significant developments in business decision-making over the past four decades is the evolution of the interplay between ethics and the law.