NAVEX Unveils Finalists for 2024 Excellence Awards in Corporate Governance

NAVEX, a leading provider of integrated risk and compliance management software, has revealed the finalists for its 2024 Excellence Awards. Now in its fourth year, this prestigious recognition program celebrates organizations demonstrating exceptional commitment to corporate governance, risk mitigation, and ethical practices.

The awards aim to showcase how robust governance, risk and compliance (GRC) programs can positively influence corporate culture and drive meaningful business outcomes. This year's finalists represent a diverse range of industries and organizations, all of which have demonstrated innovative and effective approaches to integrating GRC initiatives into their organizational fabric.

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 2024 finalists include a mix of well-known global corporations and smaller organizations across various sectors. Among the 27 finalists are Coca-Cola Europacific Partners, Stellantis N.V., Novant Health, and Itron, Inc. The complete list spans industries such as healthcare, technology, manufacturing, and financial services, highlighting the universal importance of strong GRC practices.

Winners will be honored in several categories, including Ethics & Compliance, Risk Management, and Risk and Compliance Program of the Year. The selection process involved a highly competitive pool of nominations, with finalists chosen for their exemplary GRC initiatives and outcomes.

This year's judging panel brings together a distinguished group of GRC professionals and industry experts. The panel includes Barbara Boehler from Fordham Law, Matt Kelly of Radical Compliance LLC, and Carrie Penman, NAVEX's Chief Risk and Compliance Officer, among others. Their diverse expertise ensures a comprehensive evaluation of the nominees' achievements.

The NAVEX Excellence Awards serve as a benchmark for industry best practices in GRC. By recognizing outstanding programs, NAVEX aims to inspire other organizations to elevate their own GRC efforts. This recognition is particularly significant in today's business environment, where effective risk management and ethical practices are increasingly crucial for long-term success and stakeholder trust.

The importance of these awards extends beyond mere recognition. They underscore the critical role that well-implemented GRC programs play in navigating complex regulatory landscapes, mitigating risks, and fostering a culture of integrity within organizations. As businesses face evolving challenges in areas such as data privacy, cybersecurity, and corporate social responsibility, robust GRC practices become essential for sustainable growth and resilience.

NAVEX's position as a global leader in integrated risk and compliance management software lends additional weight to these awards. The company's NAVEX One platform is widely used by organizations to manage their GRC needs, making NAVEX well-positioned to identify and celebrate excellence in this field.

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 GRC professionals to learn from industry leaders and share best practices, further emphasizing the educational and networking aspects of NAVEX's initiatives in the GRC space.

As organizations continue to navigate an increasingly complex business environment, the NAVEX Excellence Awards serve as a reminder of the value of strong governance, risk management, and compliance practices. The recognition of these finalists not only celebrates their achievements but also sets a standard for others to aspire to in building ethical, risk-aware, and resilient organizations.