A joint blog by Vanessa Hans, Director, Private Sector, Basel Institute on Governance, and Elodie Beth, Senior Manager, Anti-corruption, Global Relations, Directorate for Financial and Enterprise Affairs, Organisation for Economic Co-operation and Development (OECD). The post is also published on the OECD website.

In these times of geopolitical instability and changing government priorities, business integrity risks being sidelined – just when it’s needed most.

Congratulations to the winners of the 2025 Anti-Corruption Collective Action Awards, presented by the Basel Institute on Governance with the support of the Siemens Integrity Initiative.

The awards were announced on 4 June 2025 in a video on social media from Elizabeth Andersen, the Basel Institute’s Executive Director.

A joint blog by Naomi Roht-Arriaza, Distinguished Professor of Law (emerita), University of California Law, and Lucie Binder, Senior Specialist, Governance and Integrity, Basel Institute on Governance.

Who are the real victims of corruption? 

Traditionally, the answer has been “the state.” This stems from the fact that corruption typically involves the misuse of public office and the theft or diversion of public funds. In this legal framework, the state prosecutes the crime, claims the damage and receives any recovered assets.

With increasing geopolitical and regulatory volatility, the need for companies to develop resilience to market shocks and uncertain conditions is critical. One of the most effective ways to do this is by embedding strong compliance programmes into their operations that not only ensure adherence to laws and regulations, but also support positive, ethical work environments. 

Public voting has opened for this year’s prestigious Collective Action Awards.

Launched in 2022, the Collective Action Awards celebrate inspiring and outstanding multi-stakeholder initiatives to raise standards of business integrity in a particular context. As in previous years, there are two award categories: “Outstanding Achievement in Collective Action” and “Collective Action Inspirational Newcomer”.