When a company asks us for help assessing or refreshing a code, the first thing we look at is the first thing the Department of Justice (DOJ) looks at—the date the code was last refreshed or amended. The DOJ views outdated codes of conduct as a red flag that a company’s underlying compliance program is inadequately resourced, or worse—not a priority at all.
Next, we assess the scope, content, and format of the codes to determine whether they serve as a foundation for a well-designed, effective compliance program. Our team utilizes a rubric of criteria we have honed through decades of experience refreshing and revitalizing code of conduct programs.
The SAI360 Code of Conduct Benchmarking Framework evaluates codes based on five main criteria. Each of the criteria within our framework includes a subset of standards and metrics that can be used to compare your code to best practices. They are:
- Ethical decision support
- Proof of effectiveness
- Risk mitigation
Every company has a unique risk profile and corporate culture. Therefore, every Code of Conduct assessment we conduct has a unique benchmark formula and outcome.
Download this asset and let us help you build a Code of Conduct led from the top, reinforced by middle management, and embraced at the front lines. If you would like to set up a private consultation with one of our knowledge experts, please fill out this form.