In an unprecedented move to create transparency and develop standard global measures for whistleblowing programs, NAVEX is about to launch the 2023 Regional Whistleblowing Report. This endeavor is not just another report – it uncovers regional analytical insights from the world’s largest employee incident database.
With the growing focus on corporate governance and ethics, whistleblowing mechanisms have become essential for large corporations and legal outfits. They serve as a window into an organization’s culture, hinting at potential misconduct and unethical practices that could derail the firm’s progress and reputation.
Set to be discussed in a live webinar on October 13th at 9:00 am BST, the report is based on over 1.3 million whistleblowing reports from different regions, including Europe, APAC, North and South America. The findings aim at helping managers of compliance, legal and HR departments gain a comparative understanding of whistleblowing program performance across various regions. More about the webinar can be read here.
The NAVEX Regional Whistleblowing Hotline Benchmark Report has been an annual revelation, providing insights into trends, adoption rates, and the effectiveness of whistleblowing platforms worldwide. The benchmarks to be compared for 2023 will further clarify trends, raise potential red flags and offer unique insights that could help companies monitor and improve their whistleblowing strategies.
In addition to helping organizations understand and respond to reports, NAVEX helps organizations monitor changes by region. This feature is crucial in today’s global and digital corporate world, where cultural, regional, and institutional differences can significantly affect the rate at which employees disclose issues.
The expectations are high from this report in the corporate world – it is to see how it informs not only benchmarking and improving strategies but also, hopefully, fostering a culture where employees feel safe reporting on issues.