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Voluntary Anti-Corruption Principles |
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Year of creation: 2004
Developed by: United Nations Global Compact
Description: The Global Compact is a voluntary international initiative that seeks to promote responsible corporate citizenship to ensure that business can be part of the solution to the challenges of globalisation. The 10th principle ("Businesses should work against corruption in all its forms, including extortion and bribery" ) commits UN Global Compact participants to not only avoid bribery, extortion and other forms of corruption, but also to develop policies and concrete programmes to address corruption. To fight corruption and respect their commitment, the Global Compact urges participants to first introduce anti-corruption practices and policies in their own organisations and then share experiences and join forces with co-participants.
Key elements: The UN Global Compact website contains a range of guidance documents which are meant to assist companies in implementing Global Compact's Principle 10:
A short guide for understanding the Principle 10 A guidance document containing tools for companies to implement Principle 10 (PDF) A framework document to enhance the implementation of Principle 10 (PDF) A document outlining the business case for fighting corruption and illustrated with case stories and examples (PDF)
Year of creation: 2005
Developed by: International Chamber of Commerce
Description: The ICC Rules of Conduct are intended to serve as a method for voluntary self-regulation by business against the background of applicable national laws. The rules aim at assisting companies to comply with their legal obligations and with anti-corruption initiatives at the international level. The rules are constituted by what is generally considered good commercial practice, but carry no legal weight. The rules cover prohibition of bribery and extortion, agents and other intermediaries, joint ventures and outsourcing agreements, political and charitable contributions and sponsorships, gifts, hospitality and expenses, facilitation payments, corporate policies, and financial recording and auditing. The rules provide a solid foundation upon which an anti-corruption programme can be developed.
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Year of creation: 2000
Developed by: Organisation for Economic Co-operation and Development (OECD)
Description: The guidelines are voluntary recommendations formulated by governments for multinational enterprises operating in or from adhering countries. They cover all major areas of business ethics, including bribery and corruption. Adhering governments have committed themselves to promoting the guidelines among multinational enterprises operating in or from their territories. The instrument's distinctive implementation mechanisms include the operations of National Contact Points (NCP), which are government offices charged with promoting the guidelines and handling enquiries about national contexts. Adhering countries comprise all 30 OECD Member countries, and nine non-Member countries.
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Year of creation: 2004
Developed by: The World Economic Forum PACI principles were developed by a multinational task force of companies working with Transparency International, the OECD, the UN Global Compact and the Basel Institute on Governance
Description: The PACI aims at developing multi-industry principles and practices that will result in a competitive, level playing field based on integrity, fairness and ethical conduct. The aim of the PACI principles is to provide a framework for good business practices and risk management strategies for countering bribery. They are intended to assist enterprises to eliminate bribery, demonstrate their commitment to countering bribery, and make a positive contribution to improving the business standards of integrity, transparency and accountability wherever they operate. PACI is multi-sectoral and fully inclusive, meaning that all companies are invited to join PACI regardless of their size, country of origin or affiliation with the World Economic Forum.
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