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The IBE Blog

Making Section 172 come alive

Directors' Blog: Peter Montagnon

Section 172 of the UK Companies Act 2006 has become a kind of code-word for corporate culture. 

Mention it in a discussion on corporate governance and learned heads will nod wisely as if all we have to do is get Section 172 right and everything will then be fine.

In a few brief sentences, this piece of legislation manages to capture just about every relationship a company needs to interact smoothly with the society on which it depends for its social licence to operate. Yet this also depends on getting the balance right, and here the authorities seem to be missing a trick.

Values are like fingerprints

Tim Langton: Centrica


"Values are like fingerprints. Nobody's are the same, but you leave 'em all over everything you do.”


"This Elvis quote exemplifies why the Ethics at Work survey is so interesting for us at Centrica from a corporate perspective,” says Tim Langton Group Ethics & Compliance Officer at Centrica, IBE subscribers and silver supporters of the survey. "So it really struck a chord when Jo Morgan, who heads Ethics and Compliance at Rolls Royce, used it at the launch of IBE’s Ethics at Work survey.

"Elvis was right – everyone looks at ethics differently and ethics at work doesn’t necessarily mean the same thing to everybody. That’s why we’re looking at the results of the survey to create a dialogue about what ethics at work means for us as employees and as an organisation.”

Research Hub Blog: How are Aviva encouraging an open culture?

A key finding in this year’s Ethics at Work survey is that, of the third of European employees who have been aware of misconduct at work during the past year, just over half of them (54%) spoke up.


So how do you encourage an open culture? One where employees can have the confidence to speak up about issues, and trust that they will be listened to and their concerns acted upon without fear of repercussions?

IBE subscribers, Aviva, silver supporters of the Ethics at Work survey, are examining ways to encourage greater trust in their Speak Up and investigations process.

Ethics Lens on ... Behaviour

Forget the idea that human beings are perfectly rational if you want to make your ethics programme effective.

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