ESG Mandates March into Anti-Bribery and Corruption Policies; What That Means for the Long-Term

 Thursday, July 15, 2021

 Risk & Insurance

Kroll recently released its 2021 Anti-Bribery and Corruption Report, surveying hundreds of senior compliance and risk professionals globally on the anti-bribery and corruption (ABC) landscape, and among the most striking findings were that 70% of respondents indicated that environmental, social and governance (ESG) should be included in ABC programs.

‘Environmental, social, governance is becoming more prominent from a corporate culture and a corporate citizenship point of view,’ said Steven Bock, global head of the compliance risk and diligence practice of Kroll, a premier provider of services and digital products related to governance, risk, and transparency.

‘There are not yet clear and defined regulations, but it’s more reputational.’

Contributing to those reputational concerns are an increasing emphasis on diversity and inclusion and climate concerns among the public.
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