Recording available – Ethics Talk Live: How useful are our Codes of Conduct?

December 7 · Pre-recording & live chat

14-15.00 EET

Niina will share the stage with Klaus Moosmayer, Member of the Executive Committee and Chief Ethics, Risk and Compliance Officer of Novartis, Mary Shirley, Global Head of Compliance at Masimo and a compliance influencer as well as Markus Oksanen, Partner at DLA Piper.

Our NBE survey data for 2022 indicates that the Codes of Conduct are widely unknown. Even in stock listed companies, where we know more or less all companies have one. In addition, we see that employes who are aware of their organisations Code of Conduct are prone to report having breached these.

During the discussion we will address e.g. the following:

Is measuring the Code of Conduct training completion rates the right way to measure the effectiviness of a compliance program?
What counts as a “sufficient” way to ensure CoC is currently trained to employees?
How can company management prevent creating a culture where people get pressured to act unethically, despite of having a “perfect Code of Conduct”?
In practice, how should a company demonstrate holding people accountable to comply with Code? Can a CoC be legally binding document?

We will close off with challenging ourselves and will be joined in a live chat with Niina and Anna to discuss how do we define a “code of conduct”.

Register to see the recording

Experts speaking at the event

Klaus Moosmayer, Member of the Executive Committee and Chief Ethics, Risk and Compliance Officer at Novartis

Klaus is transforming ethics, risk and compliance at Novartis in the same way the company is reimagining medicine – by pursuing innovation, using data and digital, and unleashing the creative power of employees to embed ethics into the core of the business.

Klaus led the launch of a new Code of Ethics in 2020, based on crowdsourced feedback from employees and on behavioral science. He introduced an integrated risk management system that helps senior management prioritize and manage key risks across the company, supported by a new policy and control framework. And he set up a new process to ensure human rights are further integrated into core business practices, especially third-party risk management.

Klaus brings a global reputation as a leader in the field of ethics and compliance. He was the first head of compliance from a company to be invited to address the General Assembly of the United Nations about the fight against corruption. He leads global integrity, compliance and anti-corruption bodies for business on behalf of the Organization for Economic Co-operation and Development (OECD) and the G20/B20.

Mary shirley, Head of compliance at Masimo

Mary is a New Zealand-qualified lawyer with 18 years of ethics and compliance experience that includes working for data privacy and antitrust regulators, in-house and private practice/consultancy across five countries and four regions of the world.

Currently the global Head of Compliance at Masimo, a Medtech and audio company, Mary co-founded the Great Women in Compliance Podcast, which aims to create a platform for the outstanding achievements of women in the field and sharing ideas and provide learning opportunities for everyone in compliance.

She is the author of the book “Living Your Best Compliance Life: 65 Hacks and Cheat Codes to Level Up Your Ethics and Compliance Program” (CCI Press 2020,) and she co-authored, “Sending the Elevator Back Down: What We’ve Learned from Great Women in Compliance” (CCI Press, 2020).

She has been bestowed the honors of being named a Compliance Week Top Mind 2019, Trust Across America 2020 Top Thought Leader in Trust and Excellence in Compliance Awards 2022 Mentor of the Year.

Markus practices in general business law with an emphasis on commercial contracts, mergers & acquisitions and venture capital investments.

Markus possesses years of experience in ICT matters, advising corporate clients and IT suppliers in complex IT procurement and outsourcing transactions. Markus advises growth companies in various business and technology transactions, including negotiations of distribution, JV, licensing and franchising agreements, setting-up and running foreign subsidiaries, raising venture capital, and M&A transactions. Markus also advises institutional investors in private equity and hedge fund investments.

Markus participates actively in start-up ecosystem, in some cases also in the role of member of Board of Directors. Prior to starting in private practice, Markus worked as in-house counsel of technology companies.

Niina will be moderating the discussion.

Niina has supported numerous global and local organizations with governance and compliance related matters as a leader and through her own company.

Niina has received several acknowledgements for her work as a key note speaker and business ethics influencer. She is also an author of several business ethics and governance related books. Key conclusion of her PhD was that organizational culture plays a crucial role in the effectiveness of compliance programs.

Niina believes that we should have more uncomfortable conversations at work to enable more responsible work life.