What is a whistleblowing scheme?

A whistleblowing scheme is a set of policies and procedures that allows employees to report suspected illegal or unethical activities within an organization.

Such schemes are a key part of an organization's corporate governance and risk management strategy, as they can help identify and address issues before they escalate into significant problems. By providing a safe and secure platform for individuals to raise concerns, organisations can create a culture of transparency, which can ultimately enhance their reputation, stakeholder trust and promote accountability.

If you are unsure on how to implement a whistleblowing scheme correctly, we have created an article highlighting some of the necessary steps here.