In today’s world the trust barometer is at an all-time low. There seem to have been one financial crisis after another. We all remember the now famous WorldCom and Enron scandals almost 20 years ago but this was not the end of corporate failures: remember BHS last year in the UK and Wells Fargo in the US?

During the general election the three main parties all pledged to reform corporate governance and earlier this year the Financial Reporting Council (FRC) announced a review of the Corporate Governance Code. The challenges and risks facing businesses are not only external. Whether it is the fluctuation of the pound, extreme weather conditions or the uncertainties surrounding Brexit, businesses face a whole catalogue of risks.