Group Compliance Manager
11:50 AM How Woolworths is Assessing the Importance of Having an Ethical Culture and How it Minimises Conduct Risk
Woolworths is committed to the ongoing development of a strategic and consistent enterprise-wide approach to risk management underpinned by a risk-aware culture. They have a compliance framework in place and a variety of policies have been established to facilitate legal, regulatory compliance and internal protocols. They focus on examining the impact of ethics on employees and the culture of an organization and listen to the employees and customers to identify any gaps and determine future courses of action.
In this Session...
- Adopting a 3 lines of defence model to clarify accountability for risk management and compliance
- Implementation of successful polices and frameworks for compliance
- Developing platforms and initiatives that encourage ethical behaviour
- Streamlining policies, programs and strategies across global operations