On January 17, 2018, the Government of Canada furthered its “progressive trade agenda” and responded to calls from human rights groups by announcing that it is going to watch the activities of Canadian businesses operating in overseas markets more seriously. The Government of Canada will create an Office of the Canadian Ombudsman for Responsible Enterprise (CORE). This will be a different type of Ombudsman. The person appointed to this office will be charged with investigating Canadian companies operating in foreign markets rather than investigating the activities of Canadian government officials. The Canadian Ombudsman for Responsible Enterprise will receive complaints about Canadian companies from Canadians, competitors, foreign governments, foreign citizens, not-for-profit organizations, activists and others. These complaints will be investigated. This may be the first Corporate Responsibility Ombudsman anywhere in the world.
The initial scope of the Corporate Responsibility Ombudsman will be on the mining, oil and gas, and garment sectors. … Continue reading “Compliance incentive: Canada to appoint a Canadian Ombudsman for Responsible Enterprise”
Archives for February 2018
Sexual harassment and Valentine’s Day
Employers need to be aware of the sexual tensions at play in an office, or risk being held liable for failing to address a poisoned work environment. For example, if two co-workers had a relationship and then broke up, and one is now showing revealing photos of the other around the office, this likely creates a poisoned work environment for the depicted employee. Though a manager may be tempted to deem the matter personal, the employer has an obligation to protect the employee.
An example of game theory in risk management
One of the risks identified by many organizations as significant and included in the risk disclosures required in corporate filings, such as the annual and quarterly filings with the U.S. Securities and Exchange Commission, is the loss of key personnel.
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