The Policy on Responsible Investing of British International Investment (CDC Group until April 2022) supports the impact investor's dual mandate to "deliver responsible and sustainable development impact and to make sustainable financial returns".

It notably encourages the use of Collective Action as a way to go beyond compliance in tackling business integrity (BI) risks. Page 30 reads: 

The Organisation for Economic Co-Operation and Development (OECD) has recommended the use of Collective Action to address corruption in its long-anticipated revised Recommendation of the Council for Further Combating Bribery of Foreign Public Officials in International Business Transactions ("2021 Anti-Bribery Recommendation").

The revised Recommendation of the Council for Further Combating Bribery of Foreign Public Officials in International Business Transactions ("2021 Anti-Bribery Recommendation") seeks to address challenges, good practices and cross-cutting issues that have emerged in the global anti-corruption landscape since 2009. It updates the 2009 revised Recommendation, which in turn updated the 1997 Revised Recommendation of the Council on Bribery in International Business Transactions.

A guest blog by Bernard O’Donnell, Head of Fraud Investigations at the European Investment Bank (EIB), and Sabine Zindera, Vice President, Legal and Compliance at Siemens AG and head of the Siemens Integrity Initiative.

When companies are sanctioned for wrongdoing, is there a way to turn the punitive sanction into a positive force – not only for those wronged, but for wider business integrity around the world?

Our Collective Action team has launched a Mentoring Programme to support civil society / non-profit organisations that work with the private sector and other stakeholders on tackling corruption.

Through the Mentoring Programme, eligible organisations can gain tailored advice, support and technical assistance from our team's experts in anti-corruption compliance and Collective Action – all for free.