Insights & Case studies

11 11, 2021

EthicsTalk podcast with Jakob Ravnborg

2021-11-11T16:47:27+00:00November 11th, 2021|Audio & Video, Insights & Case studies|

We are very happy to share this insightful EthicsTalk podcast by our friends from the Nordic Business Ethics Initiative. In this episode, FP’s Jakob Ravnborg was interviewed by NBE’s Anna Romberg on ESG and Compliance and its relevance in Mergers & Acquisitions. https://soundcloud.com/nordicbizethics/ethics-talk-with-jakob-ravnborg-esg-and-compliance

11 08, 2021

LATAM Businesses – Towards a Net-Zero Carbon Transformation

2021-09-22T14:08:36+00:00August 11th, 2021|General News, Insights & Case studies|

We are proud to be publishing an original research piece on sustainability trends in Latin America by Virginia Mateo, our outgoing intern who will be re-joining as Junior Analyst from the autumn. As part of their tenure at FP, interns get the chance to conduct in-depth research into a topic of interest and publish an article under our banner. Long afflicted by social unrest, political instability, and ecological exploitation, the economies of Latin America (LATAM) are now undergoing a momentous transition toward sustainability. These sustainability trends are helping to set [...]

28 04, 2021

Did you know that climate risk considerations have become essential to investors?

2022-03-11T12:47:00+00:00April 28th, 2021|Audio & Video, Insights & Case studies|

Really interesting to see how climate risk considerations are becoming so important among investors worldwide. In the last two years, we at FP have also noticed that our client base is showing more and more interest in us addressing climate risks as part of our ESG due diligence services.

11 03, 2021

The Cadbury India FCPA case

2021-09-22T18:56:05+00:00March 11th, 2021|Insights & Case studies|

When US confectionary giant Mondelēz made a hostile takeover of Cadbury in 2010, it did no pre-acquisition diligence. This meant it missed corrupt practices in India, for which it ended up paying EUR 80 million in penalties. Our chart shows just how the corrupt practices were organised -- in a way that would have been discovered with proper due diligence.

9 02, 2021

At FP, we advise our clients on how to minimise and mitigate ESG risks

2021-02-09T13:48:02+00:00February 9th, 2021|Insights & Case studies|

Investors and consumers alike are placing increasing importance on businesses' Environmental, Social, and Governance (ESG) profile. Yet evaluating ESG readiness and risk is a complex undertaking that benefits greatly from the support of a meticulous, independent partner. FP's approach to ESG due diligence is both investigative and strategic, taking a risk-based approach to identify key risks, propose actionable mitigation measures, and thereby maxmise ESG performance.

9 02, 2021

How Ericsson funnelled illicit payments in Djibouti using third parties

2021-09-22T16:33:54+00:00February 9th, 2021|Insights & Case studies|

Swedish telecoms giant Ericsson had to pay more than a billion dollars to the SEC and DOJ to settle charges relating to bribery in several MEA and APAC jurisdictions between 2011 and 2017. FP charts the scheme in Djibouti involving third parties to funnel illicit payments.

17 05, 2020

Illicit payment schemes run by Ericsson in China to influence & win contracts

2021-09-22T16:33:17+00:00May 17th, 2020|Insights & Case studies|

How do companies record bribery and facilitation payments in their accounts? SEC filings show the creative range of terms used by companies to disguise such transactions: “Corporate marketing expenses”, “off trade promotions”, “business introduction services”, “customer support”, “consultancy services”, “offshore marketing agreements”, “success fees”, “professional training”, “commissions”, “travel sponsorship”, “bonus programs”, and “general consulting services”, “site acquisition services” and “service fulfillment of contract”. FP charts the lengths to which Swedish telecoms giant Ericsson, despite an official policy restricting the use of third parties, went to mask influence-peddling schemes in China, [...]