There has been limited private sector engagement in OGP to date. This discussion paper commissioned by the OGP Support Unit seeks to explain why this is so and suggests some options for promoting increased private sector engagement going forward.
This report helps investors who wish to see meaningful progress in their engagements as well as companies that want to stay ahead of the curve to manage and minimize risks associated with bribery and corruption.
The guide is based on insights from data collected from investors by the Principles for Responsible Investment, as well as a series of interviews with investors and feedback from companies collected by the UN Global Compact.
This handbook has been produced by the Basel Institute on Governance in support of the USAID-funded project "Engaged Citizenry for Responsible Governance". It is meant to be used in conjunction with the handbook on social accountability methods, developed by the Basel Institute in support of the same project.
This handbook has been produced by the Basel Institute on Governance in support of the USAID-funded project "Engaged Citizenry for Responsible Governance”. It is meant to be used in conjunction with the handbook on participatory monitoring, developed by the Basel Institute in support of the same project.
Why do companies need Integrity Pacts?
It’s all too common for companies to encounter corruption during public procurement processes. The Organisation for Economic Co-operation and Development (OECD) Foreign Bribery Report states that 57 per cent of foreign bribery cases which it assessed related to public procurement.In the EU alone, corrupt bidding processes have increased annual contract costs by US$5 billion. The effects can be disastrous, including exposing companies to serious risks, such as:
Together against Corruption provides the strategic framework for Transparency International’s (TI) collective ambition and actions for the years 2016-2020. The movement’s fourth strategy, it builds on the rich diversity of the TI movement, with its unique governance structure that includes independent national chapters, individual members and an international secretariat.
Recognising the local realities in which TI operates, this strategy does not intend to cover everything we do. Rather, it focuses on the key areas in which TI seeks to move forward collectively.
Customs administrations play an essential role in facilitating global trade while reinforcing integrity in cross-border exchanges of goods and services and collecting public revenue. Evidence shows that addressing lack of integrity in customs can create significant benefits for the public and private sectors, as well as society as a whole.
The OECD Foreign Bribery Report brings us, for the first time, face to face with our foe. This report endeavours to measure, and to describe, transnational corruption based on data from the 427 foreign bribery cases that have been concluded since the entry into force of the OECD Anti-Bribery Convention in 1999. We have learned that bribes are being paid across sectors to officials from countries at all stages of economic development.
Since the early 1990s, with the ever-increasing prospect of integration into the European Union, the countries of the Western Balkans and Turkey have taken important steps to develop and strengthen their anti-corruption systems. Progress has been slow, however, and the implementation of laws and policies lags far behind what is envisaged on paper.
To help foster a high-integrity engineering and construction (E&C) industry across India, the Confederation of Indian Industry (CII), with the support of the US Department of Commerce and Fluor India, has convened an Engineering and Construction Expert Working Group with representation from a broad range of E&C and related industries, to develop a set of Principles for the Engineering & Construction Sector that promote a fair marketplace through ethical business conduct.