Code of conduct and policy review for FTSE 250 company GoodCorporation has undertaken a compliance support project for a FTSE 250 oil and gas company focusing on its operations in French-speaking Africa. The project involved…
“The business community is under the spotlight like never before. We either demonstrate that we operate responsibly or we risk losing our licence to do business.” Lord Sharman, former Chairman of Aviva and chair of GoodCorporation’s founding advisory panel
Although the majority of organisations now have a code of conduct, ensuring that this covers all the areas where poor behaviour or decision-making could put a business at risk is essential. A good code should combine aspirational corporate values with clear statements and rules of behaviour.
GoodCorporation works with organisations to ensure that their code is fit for purpose, will encourage responsible conduct and will protect the business.
Our work involves:
Code of conduct design
Analysis of core values, business principles and company culture
Best practice review of content and gap analysis
Risk assessments to identify areas to be covered by the code
Recommendations on content and structure
Building supporting systems and processes
Gap analysis of existing systems against the code of conduct
Development of supporting policies and procedures
Development of operational manuals
Identification of service providers to help establish new systems
Roll out and embedding
Workshops and seminars
E-learning and video based modules
Development of ethics champions
Communications programme and promotional materials
Evaluation and benchmarking
Conducting a third party audit either independently or with the internal audit function to assess how well the code has been embedded and what is working properly on the ground.
Detailed benchmarking of the code of conduct to evaluate its content and compare to a range of peer organisations using the GoodCorporation code of conduct benchmarking tool