https://blogs.wsj.com/riskandcompliance/2017/09/29/survey-roundup-euro-firms-leading-the-way-on-corporate-social-responsibility/
Survey Roundup: Euro Firms Lead Way on Corporate Social Responsibility
Ben DiPietro
BiographyBen DiPietro
Sep 29, 2017 4:25 pm ET
Photo: iStockphoto.com/Daniel Brunner
A look at some recent surveys and reports dealing with risk and compliance issues. Send links of surveys and reports to ben.dipietro@wsj.com.
CSR Stars: A review of the environmental, social and ethical programs at more than 20,000 companies by supply chain ratings company EcoVadis found Europe has the highest percentage (61%) of low-risk companies, well ahead of the 42% of such companies in the Americas and 38% in Asia, Middle East and Africa. The companies were ranked on 21 corporate social responsibility criteria related to the environment, labor practices, business ethics and sustainable procurement.
"The research shows that recent initiatives focused on improving crucial CSR and sustainability issues--like modern slavery, conflict minerals, environmental pollution and more--are paying off," said Pierre-Francois Thaler, co-chief executive of EcoVadis. "We've seen strong progress in 2016, but there's still a major gap between today's scores and peak CSR performance."
Negligent In Diligence: A survey of 604 chief compliance officers at large multinational companies by law firm Hogan Lovells found 54% admitted their due diligence before and after mergers and acquisitions is inadequate, with 72% failing to utilize their anti-bribery and anti-corruption compliance teams early enough in the process.
About Face: A survey of 130 corporate directors of public company boards by professional services firm BDO USA found 54% said it's important to disclose to investors about sustainability issues, up from 24% last year.
Look Within: A survey of 315 IT security professionals by security firm Tripwire found 50% said their organization plans to spend more to train existing employees to fill the cybersecurity skills gap, with 20% saying they have hired people without cybersecurity expertise for cyber jobs.
Password-Poor: A survey of around 1,000 IT professionals by password management firm Keeper Security found 43% said their organization has a password policy in place, with 68% saying their policy is not enforced or they are not sure if it is.
Working AML: A survey of anti-money laundering departments of U.S. banks with assets between $500 million and $20 billion by consulting firm RSM found more than seven in 10 have five or fewer full-time employees in their departments.
New No. 1: For the first time in its 15-year history the Lawsuit Climate Survey from the U.S. Chamber Institute for Legal Reform dropped Delaware from its top spot as having the best lawsuit environment, supplanted by South Dakota.
Free On The Outside: A survey of 1,015 IT security professionals by security firm Bitdefender found 15% don't put security on sensitive company data stored outside of the company's infrastructure.
Evaluating Privacy: A report from research and advisory firm Forrester breaks down the privacy laws of 54 nations.
Easy Exfiltration: A survey of 129 hackers, both white-hat and black-hat, by data-protection firm Bitglass found 59% said phishing is the best way to take out stolen data from a hacked system.
Write to Ben DiPietro at ben.dipietro@wsj.com, and follow him on Twitter @BenDiPietro1.
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