Daily BriefsESG

Daily Brief ESG: In Order to Avoid Scandals in the Future and more

In today’s briefing:

  • In Order to Avoid Scandals in the Future, Management Must Take Leadership in Changing Mindsets


In Order to Avoid Scandals in the Future, Management Must Take Leadership in Changing Mindsets

By Aki Matsumoto

  • In many cases, management is involved rather than seeking clarification of the actual situation from an independent body. This is the reason why scandals are repeated.
  • In Japan, awareness of integrity and code of ethics compliance remains very low. A thorough awareness change is required to consider “what is ethical to do and what is not.”
  • Even after the revision of Whistleblower Protection Act in 2022, harassment of whistleblowers hasn’t stopped. Consequently, the number of whistleblowers is low and whistleblowing hasn’t been able to deter scandals.

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