Online betting group 888 takes a bad punt on compliance
Perhaps it is because governance is the third wheel of ESG that it is sometimes associated with opaque concepts about doing good, sustainability, being a good corporate citizen and other terms that, while laudable, can also seem outside the cut and thrust of business. But, as we have highlighted in previous governance articles, from fast fashion to energy supply, failure to observe good governance is one of the fastest ways to demolish stock values — something that is far from ephemeral.
Fashion retailer Boohoo asserts new corporate governance rules for suppliers after hitting the headlines for a major supply chain failure
As part of its attempts to implement stronger governance and repair reputational damage following a headline-hitting corporate governance failure, online fashion retailer Boohoo cut ties with a swathe of suppliers on 25 March 2021 as it seeks to improve factory conditions for workers.
Pressure builds to make section 172 reflect society’s values
They may be little more than two years old, but the most recent revisions to section 172 of the UK’s Companies Act 2006 are looking increasingly out of time. And a comparatively small amendment to its wording could have a profound impact on how the purpose and objectives of business are evaluated and measured, with a fresh emphasis on corporate governance.
How do you address the issues posed by an ineffective board [of directors]?
What problems does an ineffective board of directors bring?
Writing minutes effectively at board meetings
As we highlighted in our previous article about the failures of HBOS, writing minutes effectively is a crucial part of any business. They are useful for detailing future plans, noting progress and most importantly, they are a legal record of board meetings.
Whistleblowing and the importance of strong corporate governance
However thoroughly your employees are vetted, and whatever the penalties for wrongdoing, there is potential in any organisation for illegal or immoral activity to take place.
The importance of good English in business
An organisation that frequently makes errors does not come across as professional, which can be damaging to your reputation.
Autism Awareness Week and Supporting the Neurodiverse Workforce
According to The National Autistic Society only 24% of autistic people are in any form of employment and 50% of autistic people said support, understanding and acceptance would be the biggest thing that would help them into employment. But what do organisations need to be doing to support neurodivergent workers?
How poor governance meant Post Office red flags were ignored
And still it goes on. Despite the furore that arose as the public woke up to the full scale of the Post Office scandal thanks to a scathing ITV drama called Mr Bates vs The Post Office, little appears to be have changed, or been learned.
B Corp Month: The Bridgehouse Journey, a year on
As a certified B Corporation we have embraced a holistic approach to business, prioritising social and environmental impact alongside financial performance. Since obtaining our B Corp certification, our dedication to sustainable practices and ethical decision-making has propelled us forward, shaping our corporate culture, strategies, and initiatives.