Ethics committee Flashcards
(4 cards)
1
Q
Who typically serves on an Ethics Committee?
A
A mix of NEDs and executives.
2
Q
What is the function of the Ethics Committee?
A
Oversees ethics, whistleblowing policies, and compliance.
3
Q
What are the benefits of an Ethics Committee?
A
Builds trust, promotes corporate values, supports ESG goals.
4
Q
What are the drawbacks of an Ethics Committee?
A
Often limited in authority, underused, and seen as symbolic.
