What are the benefits of investing in an ethical culture?
How can leadership communicate ethical values?
What can companies to do encourage people to speak up?
1986 was the year of the Big Bang – the deregulation of the City of London. The Big Bang radically changed the way the London Stock Exchange operated, doing away with much of what was seen by critics as an ‘old boys’ network’ and internationalising London’s financial markets.
The Institute of Business Ethics was established as a result by a group of business people, foreseeing the ethical implications of a globalised world, with technological advances developing at a faster and faster pace, and concerned the City’s tenet that ‘my word is my bond’ would lose its value as a way of doing business. They came together to establish a hub for discussion, research and practical advice to promote high standards of business behaviour based on ethical values.
Reflecting on thirty years' activity, although the issues may have changed, doing business ethically continues to be a challenge. This is why, in our 30th anniversary year, we will be bringing the business ethics debate to you in new ways - with events, video content, publications and culminating in celebrating ’30 days of Ethics’ in November.
You can get involved, by sharing content, using the hashtag #IBE30. Tell us what ethics means to you in your company, for your business, at your workplace.