Whistleblowing & Sustainability - help to unearth not on-ly truths but ... - Lexology
At first glance, you would assume that whistleblowing and sustainability have little to do with each other. While whistleblowing is generally known as a tool to draw attention to grievances in companies, sustainability is aimed to preserve and enhance in a long term the value of business undertakings for society and stakeholders.
Although there is no general definition of whistleblowing, it is understood to include all scenarios in which a person from inside or outside reports a suspected violation of law or regulation of public interest to a determined reporting point with the purpose to contribute in this way to the clarification. Primarily valuing the position of those who contribute to the system, the European Union commenced in 2013 to determine rules on strengthening the position of whistleblowers, resulting in the EU’s Directive 2019 and now in an extensively discussed Austrian Whistleblower Protection Act. In essence whistleblower systems are about engagement of stakeholders creating a framework with simple procedures and predictable processes to provide whistleblower the possibility to report grievances free of reprisal or other social discrimination and responsiveness in a way that reports are treated seriously with an expectation that grievances are eliminated with our without contribution by the whistleblower itself.
So what does all this have to do with sustainability?
The term sustainability is often used synonymously to describe the processes associated...
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