To raise awareness of how companies can better counter corruption, ICC is publishing today “Clean Business Is Good Business: The Business Case against Corruption”.
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ICC today issued guidelines on whistleblowing, the first world business organization of its kind to establish a global standard for facilitating the setup of these programmes.
Despite a surge of activity that sought to curb business corruption in the 1990s, there is little evidence of a real fall in incidents of bribery in international business transactions, or in the wider forms of corruption in which companies have been implicated.
ICC last week hosted a special session rallying businesses large and small to engage in the fight against corruption. The development of new compliance tools for business and the need for stronger involvement by governmental and intergovernmental authorities to address extortion issues were the focus of discussions.
Monitoring and other follow-up measures are essential for the UN Convention against Corruption to be fully effective, the International Chamber of Commerce said at the first Conference of the States Parties to the convention.
In a collaborative move to support business’ fight against corruption and bribery in all its forms, the International Chamber of Commerce (ICC) Commission on Anti-Corruption, Transparency International, the United Nations Global Compact 10th Principle and the World Economic Forum Partnering Against Corruption Initiative have agreed to coordinate their efforts.
ICC is concerned that very few countries have ratified the United Nations Convention Against Corruption, signed back in December 2003. It urges all countries that signed the convention in Merida, Mexico, more than 18 months ago to ratify the convention and start implementing it into national law.
ICC is reaffirming its commitment to fight corruption in all its forms by celebrating the United Nations International Anti-Corruption Day on 9 December.
As more than 100 United Nations' member governments signed a groundbreaking convention against corruption today, a spokesman for world business warned that it contained serious deficiencies.
The International Chamber of Commerce today joined in celebrating the inaugural International Anti-Corruption Day.