Argentina

Collective Action Agreement in the Electrical Power Transmission Industry in Argentina

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Collective Action Agreement in the Electrical Power Transmission Industry in Argentina

This initiative aimed to address anti-corruption and integrity standards in Argentina’s power generation and transmission industry. The Collective Action agreement included ten principles to which members must adhere, and also featured the services of a neutral facilitator. The goals of this Collective Action agreement included respecting the following standards:

  • Conducting business operations in a fair, honest, transparent manner, strictly abiding by all current Argentine laws, as well as the principles laid out by the UNCAC and the Inter-American Convention Against Corruption
  • Refraining from paying any kind of bribe
  • Refusing to accept bribes or to let others accept bribes on their behalf
  • Avoiding bid tampering
  • Refraining from making local contributions to political campaigns
  • Maintaining clear, transparent sponsoring, giving and charitable contribution policies
  • Maintaining or establishing effective internal processes to prevent direct or indirect bribery
  • Ensuring that their employees, business partners, and third parties embrace these principles, providing adequate training to that end
  • Trying to avoid doing business with others who do not abide by these principles or who may jeopardize these companies’ reputations
  • Actively promoting transparency

This information is gathered from open-source data and in some cases has been provided by initiative facilitators. We cannot guarantee the accuracy or completeness of the information and do not take responsibility for decisions made on the basis of it. Please inform us of any errors by emailing us.

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