As COVID-19 sharpens the focus on corporate culture and ESG, organisations should be aware of heightened regulatory scrutiny.

Corporate culture remains high on the financial regulatory agenda, and it’s likely to attract even more attention in the future. The impact of the COVID-19 pandemic has sharpened the focus on organizational culture and the social and governance aspects of ESG, making it more crucial than ever for organisations to be aware of heightened regulatory scrutiny across regions and industries.

In light of the increased focus on corporate culture, Latham & Watkins has published the second edition of Culture — A Practical Framework for Sustainable Change, an easy to use toolkit and self-assessment guide that enables organisations to monitor, evaluate, and shape their workplace culture.

Informed by the latest insights, trends, and case studies, the Framework helps bridge the divide between theory and practice, guiding organisations on their own practical approach to cultural progression, including:

  • Assessing their workplace culture
  • Identifying key cultural influencers
  • Monitoring their cultural direction of travel
  • Managing conduct risk
  • Developing their own self-assessment framework

“Over the past decade, we have spent an ever-increasing amount of time advising organisations in relation to their culture change, conduct initiatives, and culturally rooted problems,” said London financial regulatory partner David Berman. “While there may never be a ‘perfect’ methodology for measuring culture, as this Framework demonstrates, there is an array of measures and techniques that institutions can usefully adopt in their quest to institute a meaningful, objectively monitorable, and operationally workable culture change programme”.

To register your interest in receiving a copy, email us.