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The Importance of Conscious Governance in Organizations

Enrique Aznar, Director IE-Elecnor Ethical Governance & Business Knowledge Hub

Transparency Regulations and the Corporate Culture of Integrity

Environmental and social regulations imposed on companies can often be perceived as bureaucratic burdens that put them at a disadvantage compared to countries with less legislation, thus affecting their transparency and competitiveness. For this reason, many organizations end up doing the minimum that the law requires them to do. However, there are clear benefits for those that seek to build a reputation based on a culture of integrity.

Approval of the Corporate Sustainability Due Diligence Directive (CSDDD) by the European Parliament: A Decisive Step Towards Corporate Sustainability

The European Parliament has adopted the Corporate Sustainability Due Diligence Directive (CSDDD), which will oblige companies to adopt rigorous transparency and sustainability practices from 2027. It will aim to improve corporate responsibility in the areas of human rights and the environment, while presenting new challenges and opportunities for companies in the name of a greener future.

Greenwashing: A Threat Without Clear Boundaries

Greenwashing, or the action of exaggerating, falsifying, or disguising certain business prac-tices as environmental concerns, is being targeted by the European Union and even the in-ternational community. Faced with the reputational risk of greenwashing, investors and companies are increasingly cautious and even resort to contrary actions, not reporting their initiatives with a positive environmental impact for fear of being accused of misleading their consumers.

NEW REPORT: Compliance and Sustainability Practice and Policies in Latin America – Case Studies of Brazil, Chile, and Mexico

Ethics and Compliance: A Historical Perspective

From the 70s, through the 2008 crisis, until today, companies have had the challenge of keeping up with the new regulations of the growing ethics and compliance programs.

Compliance programs in a new business narrative: reflections on ethics, corporate identity, and program effectiveness

Compliance programs require a change of approach and perspective to add value, contribute to better management, and positively impact the organization and society.

Being green is not a trend, it’s a survival strategy

How energy firms have survived the impact of COVID-19 and the Ukraine crisis through sustainable business models

Anti-Corruption Compliance Programs as a Requirement for Contracting with the Public and Private Sectors

Anti-Corruption Compliance Programs are increasingly required for contracting with the public and private sectors. What does this imply?

SOCIAL CONTRACT FOR SUSTAINABILITY: ACCELERATING BUSINESS TRANSFORMATION TOWARDS SUSTAINABILITY IN EUROPE

The European Union is committed to building a sustainable reference model that involves companies; what aspects need to be strengthened to accelerate this objective? (ESP)

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COMPLIANCE PILLS

Practical forms prepared by Elecnor with the Eversheds Sutherland Nicea law firm to help companies and organizations implement and enforce the highest standards of compliance.

Transparency in Norway

“The spirit of truth and the spirit of freedom —these are the pillars of society.” (Henrik Ibsen, Norwegian playwright and poet)

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Compliance Updates in Chile

Chile's Compliance Revolution: Embracing Legal Entity Accountability. New updates expand the horizons of corporate responsibility, demand tailored Compliance Programs, and emphasize autonomy in the age of legal entity accountability.

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Whistleblower Protection

Empowering Whistleblowers: Strengthening Protections for Ethical Reporting. Discover how Spain is enhancing whistleblowing safeguards for a culture of integrity.

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PEPs: Politically Exposed Persons

When discussing Politically Exposed Persons (PEP), what's in the picture? How other countries define this? Find here some relevant legal references on PEPs from various jurisdictions.

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The environment as a possible incentive for non-compliance

The environment (country, client...) may favor the violation of rules and behaviors.

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WELL-FOUNDED SUSPICIONS. WHAT ACTION SHOULD BE TAKEN?

When operations take us to environments with which we are not familiar at the international level, compliance-related risks—which are difficult for the organization to predict—may arise.

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INTEGRAL MANAGEMENT OF LARGE PROJECTS

One of the functions of our compliance system is the identification of compliance risks and the review of Grupo Elecnor's policies and procedures.

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THE RISKS ASSOCIATED WITH THIRD PARTIES

Practical case: Emilio is the purchasing manager of a department store. His job is to ensure that the textile area is perfectly stocked with clothing and sports equipment. To this end, he contracts Bangladeshi factories producing sportswear.

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INTERNATIONAL DEVELOPMENT OF THE COMPLIANCE SYSTEM 

In an increasingly globalized world, a debate arises regarding the most efficient way to guarantee that the company and all its subsidiaries comply not only with international regulations but also with the multiple legal requirements established in each of the jurisdictions in which they operate.

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AN UNFOCUSED APPOINTMENT

Practical case: Two weeks ago, Joaquín, the general manager, proposed to Ana, director of internal legal advice, that she become the group compliance officer. Both had doubts about the position’s profile, its tasks, and its reporting line. They agreed to talk in two weeks’ time to specify the conditions of the position.

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THE MOST COMMON REASON THAT EMPLOYEES DO NOT USE THE REPORTING CHANNEL

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