What additional reports and services are available to participating companies?
Ethisphere offers a variety of additional services for companies who participated in the World’s Most Ethical Companies Ratings. The following services and reports range from simple to comprehensive and will help companies better understand their score and their program’s strengths and weaknesses:
Complimentary Scorecard
Our complimentary scorecard is available to all companies who participated in the World’s Most Ethical Companies Ratings. The scorecard is available by request only and will provide organizations a look at their score, broken into subcategories, and also will show how these results compare to their peers’. This scorecard is only available within 90 days of the WME result publication.
Interpretation of Results and Consulting Call
Learn firsthand from the Ethisphere consultants how to better understand and interpret your company’s score and how it reflects on your organization’s overall strengths and weaknesses. Get insight into industry best practices and obtain some practical recommendations for improvement and growth.
What You Will Receive:
- A one-hour call with Ethisphere consultants conducted via web-conferencing.
Code of Ethics and Business Conduct Evaluation Report
A Code of Ethics and Business Conduct is the single most important document for any compliance and ethics program. Using a proprietary “eight point” inspection technique, this diagnostic addresses your Code’s most critical components that demonstrate its effectiveness in setting and reinforcing behavioral expectations for employees.
What Will Be Examined in Your Eight Point Inspection?
- Key topics addressed within the Code
- Presentation and style
- Leadership visibility and tone from the top
- Commitment to stakeholders
- Non-retaliation
- Public availability
- Learning aids and enhancements
- Peer practices comparison
The evaluation report will highlight those elements of your existing Code that are effective and which facets are in need of improvement, as well as demonstrate how your Code stacks up against your peers’.
Onsite Advisory Session
Gain a deeper understanding of what is required to create a compliant and sound ethics program with an onsite advisory session.
What You Will Receive:
- A 3-4 hour interactive session designed and facilitated by the Ethisphere consultants and attorneys at your facility.
- An understanding of the opportunities for growth and improvement and how to practically and cost-effectively make these changes;
- A graphical presentation of findings via PowerPoint presentation.
Compliance Leader Verification
Available to companies with ‘good’ or better compliance and ethics programs, the Compliance Leader Verification process combines recognition with evaluation: Ethisphere affirms verification to those companies that meet or exceed the verification criteria and provides detailed annual reports to applicants on where their programs are succeeding, where they’re falling short and suggestions for improvement. The compliance programs of Certified Compliance Leaders are demonstrably superior to industry requirements and standards, and these organizations are taking the necessary steps to replicate these successes in the areas of corporate culture, corporate social responsibility and corporate governance.
Throughout the Compliance Leader Verification process, the Ethisphere Institute’s researchers and analysts conduct a detailed review of the organization’s current compliance and ethics-related initiatives, and benchmark them against the ‘hallmarks” of an effective compliance program, as defined by the U.S. Federal Sentencing Guidelines (FSG) and corporate and industry best practices, including:
What You Will Receive:
- Standards (code and policies)
- Board of director oversight
- Program structure and responsibility
- Training and communications
- Due care
- Monitoring and auditing
- Enforcement and discipline
The Ethisphere Institute uses a proprietary system of tools, templates, metrics and indicators to evaluate the quality and effectiveness of compliance initiatives and key program components.
While the timeline for Compliance Leader Verification will vary by the size and geographic reach of the company being certified, the verification process generally takes between four and eight weeks. Certification does require some active participation from the applying company’s leadership team, but is minimally invasive to company operations as we spread the involvement out over the duration of the process.
For more Information visit: http://ethisphere.com/ethisphere-compliance-leader-verification/
Ethics Inside™ Certification
Available only to those companies with ‘above average’ and ‘excellent’ EQ scores for their Ethics Programs, the Ethics Inside™ Certification is the only independent verification of your organization’s ethics and compliance program, business practices, corporate governance, citizenship and social responsibility.
What Certification Involves:
The certification process involves a more in-depth examination of the organization’s Ethics Program, as well as organizational and leadership culture, governance systems and corporate citizenship efforts.
No organization is expected to excel in every area, but the aggregate scoring must exceed a level at which ethical practices become a core organizational expectation and a way of life.
What You Will Receive:
- A detailed report as to how your organization’s ethics and compliance program measures up, including suggestions for improvements
- Organizations that meet or exceed the certification criteria are granted a license to use the Ethics Inside™ Certification logo
Exclusive Fast track certification process is available for the World’s Most Ethical Companies award winners.
For more Information visit: http://ethisphere.com/inside/.
Anti-Corruption Program Verification
Never before has there been greater emphasis on, or enforcement of, international anti-corruption and anti-bribery regulations around the world. As companies continue to expand and compete in the global marketplace, they are met with constant reminders of the importance of maintaining a robust anti-corruption compliance program. The number of investigations, prosecutions and sanctions for corruption-related transgressions continues to multiply year over year. Nevertheless, many organizations are facing this increasingly aggressive enforcement environment with limited compliance dollars and resources, forcing them in many cases to “do more with less,” thereby making effective resource allocation more critical.
What You Will Receive:
- Verification Report – A key deliverable of the Anti-Corruption Program Verification process is a report that:
- Provides an objective, third party statement on the overall state of the anti-corruption program;
- Details key finding regarding organization performance against standard assessment criteria;
- Presents a gap analysis;
- Benchmarks program features against applicable anti-corruption regulations (such as FCPA or UK Bribery Act);
- Provides relevant scorecards and matrices; and
- Recommend specific tactics and strategies for immediate and long-term improvement.
- Anti-Corruption Program Verification Logo
- Anti-Corruption Program Verification Press Materials
For more Information visit: http://ethisphere.com/anti-corruption-program-verification/.
Compliance Program Advisor
Compliance Program Advisor is a subscription service that offers Ethisphere clients annual benchmarking analysis reports, a code of ethics scorecard, tailored benchmarking data based on chosen service option, and continuously expanding GRC resources. Compliance Program Advisor provides companies with an effective, pragmatic understanding of where their compliance program stands against accepted best practices, and in comparison to World’s Most Ethical (WME) Companies and peers.
What You Will Receive:
Standard
- Benchmarking Analysis: Annual analysis of the client’s compliance program based on self-reported data, benchmarked against Ethisphere’s Benchmarking Database and the average scores of that year’s World’s Most Ethical (WME) companies.
- Annual Report: Standard Compliance Program Advisor Annual Benchmarking Report
- Scorecard: Code of Ethics Scorecard
- Online Resources Access: Compliance Program Advisor Subscription
- Findings Review: Annual Findings Conference Call
Premium
- Benchmarking Analysis: Annual analysis of the client’s compliance program based on self-reported data, benchmarked against the Benchmarking Database of selected industry and average scores of industry-specific WME companies.
- Annual Report: Premium Compliance Program Advisor Annual Benchmarking Report
- Scorecard: Code of Ethics Scorecard
- Online Resources Access: Compliance Program Advisor Subscription
- Findings Review: Annual, On-Site Presentation to Executive Leadership and/or the Board
For more Information visit: http://ethisphere.com/compliance-program-advisor/.
Business Ethics Leadership Alliance
The unethical actions of a few businesses are negatively affecting us all. The public’s rush to assign blame has affected all business. A higher standard for business ethics is expected. In cooperation with the Ethisphere Institute, leading international and U.S. corporations have come together with the intent of publicly affirming a commitment to certain ethical principles and compliance practices. In turn, the Ethisphere Institute provides public resources for BELA members to uphold their commitment and other companies to follow the lead of BELA members. BELA and its members have been featured in major media outlets such as Reuters, FOX News, Corporate Secretary, Metropolitan Corporate Counsel, Financial Times and more.
What Certification Involves:
What You Will Receive:
- Institutional Ethisphere Council Membership
- Promotion of commitment in quarterly Ethisphere Magazine and other major media outlets
- BELA Company Profile on Ethisphere.com
- Monthly BELA Newsletter with industry updates, news and more
- Exclusive quarterly webcast hosted by Ethisphere executives and industry thought leaders
- Opportunities to share best practices as a content provider to Ethisphere in print and online
- Optional pre-qualification for highly-regarded Ethics Inside® Certification (EIC), the only independent verification of a company’s ethics and compliance program and practices
For more Information visit: http://ethisphere.com/bela/.
