Innovation In Compliance With Tom Fox

Tom Fox welcomes Alison Taylor on this episode of the Innovation in Compliance Podcast. Alison is the Executive Director of Ethical Systems, a collaboration between leading academics in behavioral science, systems thinking, and organizational psychology. She joins Tom to talk about ethics and how it relates to ESG, stakeholders, corporate culture, as well as what place Gen Z and Millennials have in this discussion surrounding ethics and compliance in the future. Ethics & ESG The roots of ESG are ethical in themselves. Alison explains to Tom that the basis of ESG is that businesses ought to do good, and do no harm. "ESG really tries to deal with everything that's beyond compliance...that companies should not just not break the law, but they should do stuff about climate change and human rights and that kind of thing," she adds. ESG has a say about what businesses should and shouldn't be doing in society. The problem in recent times is that ESG is more so related to the profit side of business and not what sta