India
Promotion and Adoption of Responsible Business Practices in India
Confederation of Indian Industry (CII)
Promotion and Adoption of Responsible Business Practices in India
The goal of the project is to sensitise, capacitate and help large companies to adopt responsible business practices and influence their supply chains as well as involve local stakeholders and governmental agencies to create awareness.
The project is aimed at increasing awareness of current anti-corruption laws and regulations and promoting healthy business practices that are sustainable and replicable. Also, increasing the scope of the existing legislations may also effectively prevent problems for the payer.
Strong law enforcement and a zero-tolerance approach toward unethical business practices is the most effective way to combat corruption. Since the global environment is rapidly changing, it will only be a matter of time before Indian regulations align themselves with internationally acceptable ethical business practices and anti-corruption laws and practices.
The engagement with the Bureau of Indian Standards resulted in the acceptance of ISO 37001 as national standard in India.