According to benchmarking data, less than half of organizations currently have third-party codes. There’s a current trend of partners asking each other to “sign off” or certify to codes of conduct. You must first assess your risk before answering whether you need a third-party code. Other controls you already have in place, such as contracting language, may fill the need. Third-party codes should be purpose made and they often cover far less information than employee codes of conduct. In this episode, Eric answers:
- What do these documents look like?
- What type of information should they contain?
Eric also talks about the standards and tools you should use when composing a third-party code as well as thinking about the risk topic coverage you will need.
When considering a third-party code, take a hard look at the purpose and audience you are trying to reach. Also consider accessibility and the communication tools you use for your employee code when drafting these documents.
Three Questions with Kelly Clark, Senior Vice President, Safety, Environmental and Regulatory Services for Holland America Group
At Holland America Group, which includes Princess Cruises, Holland America Line, Seabourn, P&O Cruises Australia, and Holland America-Princess Alaska land operations, Kelly oversees fleet compliance efforts including safety and environmental operations, emergency response organization, policy and procedure development and implementation, and training. As the group’s Chief Ethics Officer, she spends much of her time improving awareness and education throughout the organization on the importance of working with integrity, honesty and ethics at all levels. Under her stewardship, Princess Cruises, Holland America Line and Seabourn have been Ethics Inside Certified®, and the Holland America Line has been named to the list of the World’s Most Ethical Companies® for five consecutive years. Kelly was also named to Ethisphere’s list of “Attorneys Who Matter” in the area of Ethics & Compliance in 2015 and 2016.