The Corporate Sustainability Reporting Directive (CSRD) is a new European Union (EU) regulation that will require large companies to report on their sustainability performance. Now, voluntary reporting will become mandatory. Because CSRD will go into effect in 2023 and will require companies to fully report in the year 2024, companies must begin preparing for CSRD now to ensure requirement compliance. There are inherent risks associated with ...
The following is a summary of ESG, a Cultural Evolution, by Paula Davis, Founder and Director, Waypoint GRC, in cooperation with the International Compliance Association (ICA) and SAI360. Environmental, Social, and Corporate Governance (ESG) is increasingly seen as essential for doing business. But translating good intentions into action requires standards, metrics, and regulations. Compliance practitioners can help organizations navigate this change. ESG risk and regulation are ...
A survey released by SAI360 and Strategic Management Services, LLC shows healthcare compliance programs continue to evolve in response to the ever-changing healthcare landscape. The 14th annual survey, which polled over 200 healthcare organizations, found organizations are increasingly investing in compliance programs, with 80 percent of respondents reporting their compliance budget has increased in the past year. The survey also found organizations are taking a more proactive ...
Psychosocial risks are hazards that can have a negative impact on mental health. Psychosocial risks in the workplace can negatively affect an employee's ability to navigate stressors in both their workplace and at home. Some common psychosocial risks include: Workplace stress: Employees who are constantly working long hours or under pressure are at increased risk of developing psychosocial problems Lack of job control: Employees who ...
Pride Month, celebrated in June in many parts of the world, is a time to celebrate the LGBTQ+ community and reflect on progress made thus far in terms of workplace equality. However, it is also a time to remember there is still much work to be done regarding the mitigation of workplace harassment. According to a study by the Human Rights Campaign, 40 percent of ...
As new technologies, regulations, and risks emerge and the business landscape becomes increasingly complex, so emerging GRC trends. It is critical GRC professionals remain informed of new requirements that could impact their organizations. Below, we explore three GRC trends worth paying close attention to. Additionally, we also explore how SAI360’s GRC platform helps companies identify risks and manage their GRC needs in light of these emerging ...
Falling on June 5, World Environment Day is a day to celebrate the planet and raise awareness about the need for environmental protection. It is also an opportunity for Environment, Health, Safety and Sustainability (EHS&S) professionals to showcase their expertise, build relationships with key stakeholders, and make a positive impact on the environment. Why World Environment Day Matters World Environment Day is the largest environmental ...
Artificial Intelligence (AI) chatbots have long been used in healthcare for basic use cases such as answering questions at an insurer’s website. However, with the rising visibility of ChatGPT, expansion into new healthcare use AI cases has dramatically increased. The global healthcare chatbots market is expected to top $543 million by 2027, at a 19.5 percent Compound Annual Growth Rate (CAGR). The potential for AI in ...
The global compliance training market is expected to exceed $24 billion by 2027. Ethics and Compliance (E&C) training is essential for organizations of all sizes; it helps employees understand their responsibilities and obligations and can protect the organization from liability. When choosing compliance training tools, it is important to select tools that are effective and have a positive impact on your organization. A previous post from SAI360 reinforces this position. ...
In recent years, there has been a growing recognition of the importance of Environmental, Social, and Governance (ESG) issues in business and investment decisions. As a result, ESG programs have become increasingly popular, with companies and investors alike prioritizing sustainability, social responsibility, and ethical governance practices. Organizations that focus on ESG programs can improve their financial performance, drive innovation, reduce reputational risk, improve their reputation, ...
