PROFBEN Setting a single standard for professionals: dream or possibility? |
| David Pilling, RICS |
| Thursday 23 May 2013 |
David Pilling, Head of Global Regulation Policy and Ethics, RICS Regulation led a discussion on Setting a Single Standard for Professionals: Dream or Possibility? during our meeting. 10 people attended this meeting. |
LUNCH DISCUSSION A Stewardship Economy: Considerations for Ethical Investment |
| James Featherby, Chair of the Church of England Ethical Investment Advisory Group |
| Thursday 16 May 2013 |
"Every individual has a responsibility to others as well as to self when choosing where to invest ... We have a responsibility to put our capital to productive use.” • Is ethical investment too black and white to be of any use?
• Doesn't ethical investment just mean losing money?
• You can't mix making money with doing good, right? James Featherby, former corporate finance partner of Slaughter and May, is Chair of the Church of England Ethical Investment Advisory Group. James is author of Of Markets and Men: reshaping finance for a new season and The White Swan Formula: rebuilding business and finance for the common good. The Church of England Ethical Investment Advisory Group (EIAG) makes recommendations on ethical investment policy to the Church of England's three national investing bodies. These are the Church Commissioners for England, the Church of England Pensions Board and the CBF Church of England Funds managed by CCLA. Together they hold assets in excess of £8bn. James Featherby discussed the challenges of ethical investment in a frank and open lunch discussion. Further summary to follow |
EUROBEN How to Engage the Executive Team in Business Ethics |
| Jean-Daniel Lainé, Alstom |
| Wednesday 15 May 2013 |
Jean-Daniel Lainé, Senior Vice-President Ethics and Compliance at Alstom Holdings kindly agreed to lead a discussion, during the meeting, on How to Engage the Executive Team in Business Ethics. 9 people joined this meeting. |
BEN Tax as an Ethical Issue |
| Group Learning |
| Thursday 18 April 2013 |
The main item Tax as an Ethical Issue was discussed. 14 people joined this meeting. |
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AFTERNOON DISCUSSION
The Values of Values: Why We Should Care About Ethics in Business |
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Paul Fiorelli, Xavier University |
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Tuesday 26 February 2013 |
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When does a group have responsibility for the well-being of an individual? And what are the differences between the ethics of the individual and the ethics of the corporation? Is there something called collective of individual responsibility?
Based on the real story told by Bowen McCoy, MD of Morgan Stanley, the Parable of the Sadhu tells how midway through a difficult trek up the Himalyas, a group encounter an Indian holy man, or Sadhu. Wearing little clothing and shivering in the bitter cold, he is barely alive. The travellers help revive and warm him, but no one takes complete responsibility for the Sadhu's well-being. The group continue up the slope, focused on their goal.
Professor Fiorelli used this story to explore questions of corporate and personal responsibility and as a metaphor for the business decision-making model; about how we ‘rationalize' our actions, and how do we deal with difficult decisions, under extreme conditions.
A summary of the discussion can be found here>> |
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LUNCH DISCUSSION
Listening to the buzz at the bottom - L'Oreal Ethics Day |
| Emmanuel Lulin, L'Oreal |
| Monday 04 February 2013 |
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How do you keep a code of ethics ‘live'? How do you encourage ethical awareness and engagement of ethical issues amongst employees? How do you convince employees that those at the top understand the ethical challenges their staff face day-to-day? How do you communicate the right "tone at the top, mood in the middle, and buzz at the bottom”?
In answer to these questions, L'Oréal have created an annual worldwide ‘Ethics Day' centred around a live webchat with the CEO. This global event, across 64 countries, gives the CEO and country managers the opportunity to show their ethical leadership and personal commitment. Last year, approximately 17,000 employees participated in the webchat and sent in nearly 800 questions. Each country organises local events from ‘town hall' meetings to games and quizzes and goodie bags.
Emmanuel Lulin is Senior Vice-President & Chief Ethics Officer at L'ORÉAL. Emmanuel discussed the challenges and successes of holding an Ethics Day in a frank and open lunch discussion.
A summary of the discussion can be found here>> |
European business ethics forum (ebef)
Sharing Ideas & Successful Practices |
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23 - 25 January 2013, Amsterdam |
| For the tenth year, this two-day conference assembled individuals from around the world responsible for ethics, compliance, and business conduct programs within their organisations for peer-to-peer networking and learning. Participants shared current best practices and explored together, in a confidential, closed environment, issues raised in conducting business ethically around the globe.
EBEF 2013 took place at the Hilton Amsterdam and follows on from the last forum held in Paris, February 2012.
Further information and a summary of the event please visist the EBEF website http://www.ebef.eu/
Hosts: § the Cercle d’Éthique des Affaires ( CEA) of France § the Ethics & Compliance Officer Association ( ECOA) of the United States § the European Business Ethics Network ( EBEN) § the Institute of Business Ethics ( IBE) of the United Kingdom |
BUSINESS ETHICS NETWORK (BEN) MEETING
Cultural Diversity in the Workplace |
| Mark Farrow, Network Rail Infrastructure Ltd |
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Thursday 10 January 2013 |
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The main item Cultural Diversity in the Workplace was introduced by Mark Farrow of Network Rail Infrastructure Ltd.
13 people joined this meeting.
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| FESTIVE EVENT
Employee Views of Ethics at Work: what do they really think?
IBE Survey Launch with insights from John Lewis |
| Simon Webley, Institute of Business Ethics & Patrick Lewis, John Lewis |
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Thursday 6 December 2012 |
| · What do employees think about ethical standards in their place of work?
· How much support do they get to ‘do the right thing'?
· How have perceptions and experiences changed?
· Do managers and supervisors have different attitudes to ethical practice in the workplace?
This year, for our Festive Event, we launched the 2012 IBE Ethics at Work Surveys which measure the attitudes of British full-time staff and management to workplace practices, their perceptions of others' behaviour and the general culture in their organisations. For the first time, the GB survey has been extended to include France, Germany, Italy and Spain.
Simon Webley, IBE's Research Director and one of the authors of the report, presented the survey findings. He was joined by Patrick Lewis, Director of Partnership Services at John Lewis. Using examples from John Lewis, Patrick responded to the surveys' findings, demonstrating that a strong ethical culture does have a positive effect on employee attitudes and perceptions of behaviour.
A summary of the discussion can be found here>> |
| BREAKFAST DISCUSSION |
| Chaired by Sir Robert Worcester |
| Wednesday 5 December 2012 |
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This discussion was around 'Business Ethics & Reputation in Managing the Supply Chain'.
6 senior level board members attended this discussion.
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IBE & REPUTATION INSTITUTE BREAKFAST DISCUSSION
Ethics or Profits? The end of either/or |
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Tuesday 27 November 2012 |
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At this breakfast discussion we discussed the latest evidence and insights that suggest that placing ethics at the heart of business strategy can drive value.
Discussion topics
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How and why attitudes have changed
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What stakeholders really want from business
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How are businesses responding (and how should they respond) to stakeholder expectations?
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What can we expect to see in the future?
Speakers:
- Philippa Foster Back, Director, Institute of Business Ethics
- Spencer Fox, Managing Director, Reputation Institute UK
- Seamus Gillen, Director of Policy, ICSA
- Pierre Goad, Global Co-Head of Communications, HSBC
- Paul Green, Head of Risk and Compliance, Unilever
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| afternoon discussion
Ethics, the Met and the Media |
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Elizabeth Filkin |
| Thursday 15 November 2012 |
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Gifts and hospitality, intelligence gathering, conflicts of interest, senior management who don't abide by the rules – all ethical challenges relevant to any organisation, and just some of the issues which Elizabeth Filkin's investigation into the relationship between the press and the Metropolitan police looked into.
The Filkin Report was ordered by the Metropolitan Police and Home Secretary Theresa May after the phone-hacking scandal, surrounding the News of the World, uncovered evidence suggesting improper ties between officers and the media.
As well as being a Non executive Chairman of Annington, Elizabeth Filkin is a member of the IBE's Advisory Council. Previously she was The Parliamentary Commissioner for Standards and a member of the Audit Commission and Deputy Chairman Regulatory Decisions Committee FSA.
A summary of the discussion can be found here>>
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BUSINESS ETHICS NETWORK (BEN) MEETING |
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Robert Smith, Serco Group plc |
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Thursday 8 November 2012 |
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The main item 'Engaging Senior Leadership' was introduced by Robert Smith of Serco Group plc.
16 people joined this meeting.
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Lunch Discussion
First hand from the Middle East - The Carillion Story |
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Osama (Sam) AlJayousi, Carillion |
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Thursday 18 October 2012 |
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When Multi-National Companies operate in other territories they need to be aware of differing legal, cultural and local approaches to what it means to be ‘ethical’.
How do companies operating in the Middle East deal with such issues as:
Gifts and entertainment (it is not customary to refuse a gift in the Middle East)
Conflicts of interests (a terminology that is often not understood in the Middle East as the business community is largely built on family business)
Due diligence on business partners (it is a difficult task due to the lack of clear and adequate public records)
How to bring the message home? (the implementation of UK practices and requirements in a different environment including communication with a diverse workforce)
Globalising your ethics and compliance programme (ensuring consistent global application of the company’s ethics and compliance programme)
Carillion’s joint ventures in the UAE, Oman, Egypt and Qatar make them a regional leader in construction services and integrated solutions for buildings and infrastructure. Osama AlJayousi (Sam), the company’s Group Compliance Manager Middle East and North Africa, for Carillion and based in Dubai is ideally placed to give a first hand account of how they deal with these and other issues.
Sam joined Carillion in 2008 and is responsible for monitoring compliance with key regulations and ethical standards for Middle East and North Africa. He is currently responsible for Compliance across the Group, this role reports into Legal and its remit includes providing advisory and monitoring services and training.
Sam's presentation was followed by an open discussion under the Chatham House Rule.
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| PROFESSIONAL BODIES' BUSINESS ETHICS NETWORK (ProfBEN) MEETING |
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Tanya Barman and Vicky Hawson, Chartered Institute of Management Accountants (CIMA) |
| Thursday 4 October 2012 |
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The main item 'Don’t Forget the Staff – Creating a Code Within' was introduced by Tanya Barman and Vicky Hawson of CIMA.
8 people joined this meeting
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| BREAKFAST DISCUSSION |
| Chaired by Tim Melville-Ross CBE |
| Wednesday 26 September 2012 |
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This discussion was around 'Mind the Gap – how does the Board know what is going on?'.
9 senior level board members attended this discussion.
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| eVENING DISCUSSION
Ethics & the city |
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Philip Augar, Author, Consultant and Commentator |
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Thursday 13 September 2012 |
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Writing recently in the FT Philip Augar said the LIBOR scandal is a game-changer. We have got used to the idea that incompetence, greed and hubris led to the banking crisis. But the organised, systematic manipulation of the central reference point of the free market, as exposed by the revelation that Barclays tried to manipulate in collusion with others a benchmark interest rate, casts the global banking industry in a very different light. The City reputation has suffered further blows with more banks in the LIBOR frame including questions asked about the Bank of England's role....and then came revelations about HSBC's lax control systems.
Questions are raised about the culture of City firms, the behaviours of those working there – they all have codes of conduct.....so where are the ethics?
Philip Augar answered such questions having worked in investment banking for over twenty years. He led NatWest's global equity and bond business before becoming a Group Managing Director at Schroders. Since 2000 he has combined consulting and writing. He has written five books to great acclaim.
Philip's presentation was followed by an open discussion under the Chatham House Rule.
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BUSINESS ETHICS NETWORK (BEN) MEETING |
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David Harris, BAE Systems |
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Thursday 6 September 2012 |
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The main item 'Supporting Middle Management to Deliver Values' was introduced by David Harris of BAE Systems.
15 people joined this meeting.
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| SUMMER EVENT
Capitalism on Trial |
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Michael Portillo |
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Thursday 5 July 2012 |
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The shock of the banking crisis and the current Euro crisis has caused many to question the very foundations of capitalism. Advocates defend capitalism for its ability to create wealth and lift people out of poverty. But commentators accused capitalism of creating a culture of greed and inequality which resulted in the riots and looting in the UK of last summer and the Occupy movement. Has capitalism lost its ethical motivation? Does the system still work or has the unrestrained market economy caused it to self destruct?
Michael Portillo discussed these questions at the IBE's Summer Event. A journalist, broadcaster and former Conservative cabinet minister, he explored these issues in his Radio 4 series Capitalism on Trial.
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Afternoon Discussion
Are Your Employees Tweeting Your Values?
The Ethical Challenges of Social Media |
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Martin Le Jeune, Open Road |
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Thursday 28 June 2012 |
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The benefits of social media for corporate communications are well known; less familiar is how to deal with the ethical challenges it can create for organisations.
Social media blurs the boundaries between work and personal life, making the use of the technology a breeding ground for ethical dilemmas. Issues such as employee privacy, marketing and cyber-bullying contain ethical pitfalls for both for employees and employers.
This discussion event explored the issues that the use of social media by organisations and their employees raises. It also considered how organisations can ensure that their ethical values and standards are upheld within the realm of social media.
Martin Le Jeune, founding Director of communications agency, Open Road, led this discussion.
A summary of the discussion can be found here>>
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COUBERTIN OLYMPIC awards student ESSAY COMPETITION - AWARDS CEREMONY |
| Monday 25 June 2012 |
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The IBE co-hosted this event with The International Pierre de Coubertin Committee (CIPC) at the Southbank Centre in London.
A panel chaired by Patrick Derham, Head Master, Rugby School focused on the lessons learnt from the Competition, the variety of the subjects presented by the students and the possible legacy of this endeavour "going forward”.
The winners and runners up of the 2012 Essay competition were presented with their awards by HRH The Princess Royal.
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LUNCH Discussion
Bribery and Corruption: a Preventative Approach |
| William Mathieson, Mott Macdonald |
| Thursday 14 June 2012 |
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Lapses involving bribery, corruption and fraud remain the most commonly mentioned in the news according to IBE’s weekly media monitoring; of 928 news stories, 16% covered this ethical issue.
What is of most concern however is that the number of news reports on incidents of bribery, corruption and fraud has almost doubled over the period of 2010 and 2011.
With the advent of the UK Bribery Act, it is now more important than ever that organisations address this issue and offer guidance to staff, especially those who work in areas where bribery and corruption are often dismissed as ‘part of the culture’.
Mott MacDonald is a global management, engineering and development consultancy employing 14,000 staff worldwide. It operates in many of the countries featured in Transparency International’s Corruption Index. William Mathieson discussed this issue, using examples drawn from Mott MacDonald, where he is Head of Compliance (Business Ethics).
A summary of William's presentation can be found here>>
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Business Ethics Network (BEN) Meeting
Technology - Dilemmas and Opportunities for the Ethics Office |
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Charles Hornsby, Shell Downstream |
| Thursday 31 May 2012 |
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The main item explored is ‘Technology - Dilemmas and Opportunities for the Ethics Office’ and was introduced by Charles Hornsby, Ethics and Compliance Officer, of Shell Downstream.
Charles explored how ethics practitioners can use technology to influence employee behaviour as well as monitor it and investigate it. He also considered the risks of over-enthusiastic adoption.
13 people joined this meeting.
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European Business Network (EuroBEN) Meeting in Paris, france
Investigating Ethical Lapses |
| Thursday 10 May 2012 |
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10 people joined this meeting. The main item explored ‘Investigating Ethical Lapses’.
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BUSINESS ETHICS NETWORK (BEN) MEETING
Investigating Ethical Lapses |
| Thursday 29 March 2012 |
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14 people joined this meeting. The main item explored ‘Investigating Ethical Lapses’.
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AFTERNOON DISCUSSION
A Tale of Two Tylenols |
| Paul Fiorelli, Xavier University |
| Thursday 8 March 2012 |
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In 1982, a "Tylenol scare" began when seven people died after ingesting Tylenol that had been deliberately laced with cyanide. Within a week, the Johnson & Johnson had pulled 31 million bottles of capsules back from retailers, making it one of the first major recalls in American history. J & J's quick response, including a nationwide recall, was widely praised by public relations experts and the media as the gold standard for corporate crisis management.
What makes this original crisis such an exemplary case study in the power of corporate culture is the role played by Johnson & Johnson's Credo which proclaimed that J&J's "first responsibility" was to its customers and then to employees, management, communities, and stockholders - in that order.
This event focused on corporate culture by reviewing the Johnson & Johnson Credo, the Company's response to the Tylenol crisis in 1982, and how they have had a series of missteps from 2009 to present.
Professor Paul Fiorelli is the Co-Director of the Cintas Institute for Business Ethics at Xavier University.
A brief summary of the discussion is available here>> |
| Business Ethics Network (BEN) Workshop |
| Jay Mumford, Ethisphere Institute |
| Thursday 1 March 2012 |
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15 people joined the workshop for a discussion about Engaging Your Workforce with an Interactive On-line Code of Ethics.
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