NAVEX Unveils Finalists for 2024 Excellence Awards in Corporate Governance and Ethics
NAVEX, a prominent provider of integrated risk and compliance management software, has revealed the finalists for its 2024 NAVEX Excellence Awards. Now in its fourth year, this prestigious recognition program celebrates organizations that have demonstrated exceptional commitment to corporate governance, risk mitigation, and ethical practices.
The NAVEX Excellence Awards highlight the importance of robust governance, risk, and compliance (GRC) programs in strengthening corporate culture and positively impacting business outcomes. This year’s finalists exemplify how effective GRC initiatives, when integrated into the organizational fabric, can proactively manage and mitigate risks.
Steve Chapman, NAVEX Chief Customer Officer, congratulated the nominees and finalists, stating, ‘We are proud to partner with customers who are dedicated to advancing their GRC efforts. These awards shine a spotlight on some of the most innovative and effective programs in the industry, and we applaud the compliance teams at these companies for their ongoing efforts to build highly ethical, risk-aware organizations.’
The awards will honor winners in several categories, including Ethics & Compliance, Risk Management, and Risk and Compliance Program of the Year. The finalists, selected from a highly competitive pool of nominations, represent a diverse range of industries and organizations. Notable contenders include Ansys, Coca-Cola Europacific Partners, Finastra, Itron, Inc., Novant Health, and Stellantis N.V., among others.
This year’s judging panel brings together a mix of NAVEX leaders and seasoned GRC professionals, ensuring a comprehensive evaluation of the nominees. The esteemed panel includes Barbara Boehler from Fordham Law, Bill Cameron of Cameron Advisory Services, Carol Williams from Strategic Decision Solutions, and Matt Kelly of Radical Compliance LLC, among other distinguished experts in the field.
The recognition of these organizations underscores the growing importance of effective GRC practices in today’s business landscape. As companies face increasingly complex regulatory environments and heightened public scrutiny, robust compliance and risk management programs have become essential for maintaining trust, protecting reputation, and ensuring long-term success.
The NAVEX Excellence Awards serve as a benchmark for best practices in the GRC industry, inspiring other organizations to elevate their own programs. By showcasing innovative approaches to ethics and compliance, risk management, and overall GRC strategy, these awards contribute to raising standards across various sectors.
For businesses and stakeholders, the awards highlight the tangible benefits of investing in comprehensive GRC initiatives. Effective programs not only help organizations navigate regulatory challenges but also foster a culture of integrity that can lead to improved operational efficiency, enhanced stakeholder trust, and ultimately, better business outcomes.
The winners of the 2024 NAVEX Excellence Awards will be announced following the 2024 NAVEX Next Virtual Conference on October 1. This event provides an opportunity for professionals in the GRC field to learn from industry leaders, share best practices, and gain insights into emerging trends and technologies shaping the future of corporate governance and compliance.
As organizations continue to navigate an increasingly complex risk landscape, the NAVEX Excellence Awards serve as a reminder of the critical role that effective GRC programs play in ensuring sustainable business success. The recognition of these finalists not only celebrates their achievements but also sets a standard for excellence that can inspire and guide other organizations in their pursuit of ethical and responsible business practices.
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