Why do you need ETHICS ?

Increasingly, company management desires to set up a reliable control system to protect themselves against the financial or legal hazards and against reputational risks. However, most firms lack the structures, procedures and know-how that would allow them to properly address these challenges. Internal Codes of Ethics and the rules of good conduct, the application of which is vouched for by external auditors, usually prove insufficient to prevent criminal acts.
Company Directors now bear personal criminal liability and are no longer sheltered by the structure of a joint stock company or by their compliance officers.
The ETHICS™ certification process rings an alarm bell, alerting the managers to potential exposures and prompting them to undertake specific measures to reduce future legal risks. The process is entirely confidential.
ETHICS™ certification constitutes, therefore, a preventive tool for the company’s sole and exclusive use.

Another benefit of ETHICS™ certification consists in the freedom to establish business or trade ties without exposure to fraud, corruption or any other types of criminal acts. ETHICS™ is therefore bound to become an essential tool for any company wishing to open up to international trade.
Furthermore, the certification will assist in the strategy of market differentiation, founded on transparency of the company’s ethical vision.

ETHICS™ GUARANTEES:

• Full confidentiality - no information collected during the process of certification is disclosed to third parties
• Independence - ETHICS™ is not subject to any political constraint, nor does it act under the influence of any government, lobby or interest group
• Application of best practices for self-regulation
• Real time update on the shifting legal context - both national and international
• Self-evaluation of counterparties and transactions by the certified company
  

OUTCOMES:

• Legal protection of the executives in the case of lawsuits caused by illegal activities
• Reduction of potentially damaging impacts on the company's market value
• Higher level of trust among clients, suppliers and partners of the certified company
• A marketing tool useful to communicate the company's ethical value system 
• Enhanced reputation of the company in the marketplace
• In emergency - protection of the company against acts of corruption, fraud, money laundering and industrial espionage