Key themes from the inaugural ECLF forum

August 2020

On July 22, 2020, directors and senior executives – including chief ethics and compliance officers (CECOs) – met virtually to discuss how boards and top executives can work together to drive values, corporate culture, and ethical decision making in the face of uncertainty. The following key themes emerged from that conversation:

  • A board’s oversight of corporate behavior starts with its own visibility.

  • Corporations need to go beyond formal compliance programs

  • Intense and transparent monitoring is essential

  • The CECO’s role in the boardroom varies

  • CECOs can play a critical role in improving non-financial disclosures, especially around culture and ESG