10 Years of Insight: The 2024 E&C Programme Effectiveness Report

The 2024 Ethics & Compliance Programme Effectiveness Report validates a central lesson from over 10 years of primary research—values-based programmes are not only the most effective, but also correlate strongly with reduced risk and better business outcomes.

As new risks increase in severity and frequency around the world, we have focused our industry-leading analysis to provide the E&C community with both a global view as well as specific and actionable insights for your region.

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Nordics highlights:

43% of Nordic programs plan to improve their risk mitigation efforts in the coming year, on par with the wider European region.
45% of Nordic E&C professionals are also focused on improving metrics to assess program effectiveness this year.
Only 28% of Nordic hotlines link to the organization’s non-retaliation policy, and just 34% include an explanation of how complaints are handled—both well below global standards.

Global highlights:

Risk mitigation and risk analysis are top priorities for improvement and usefulness for evaluating programme impact.
High-performing programmes are 1.9x more likely to improve their training systems to be user-friendly and increase overall effectiveness.
High-performing programmes are 2.1x more likely to leverage data from multiple sources to guide program development.

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Experts are reading LRN research reports.

“You can always count on LRN. No ifs, ands or buts, LRN continues to issue the highest-quality and most meaningful research and guidance on ethics and compliance programs. LRN digs in to ask the hard questions, measures important trends and consistently provides important support and guidance for corporate governance. LRN is a must read in these areas.”

Michael Volkov
Volkov Law Group, in JDSupra