UNITED NATIONS GLOBAL COMPACT

 

The Global Compact is described as the world’s largest corporate sustainability  initiative.  It works with businesses around to world to  align strategies and operations with universal principles on human rights, labour, environment and anti-corruption, and take actions that advance societal goals.

The UN Global Compact believes that it is possible to create a sustainable and inclusive global economy that delivers lasting benefits to people, communities and markets. To ensure the achievement of this vision,  the UN Global Compact supports companies to:

  1. Do business responsibly by aligning their strategies and operations with Ten Principles on human rights, labour, environment and anti-corruption; and
  2. Take strategic actions to advance broader societal goals, such as the forthcoming UN Sustainable Development Goals, with an emphasis on collaboration and innovation.

 

Please click here to read the Ten Principles of The United Nations Global Compact - Principle 10 Anti-Corruption

 

The UN Global Compact’s Ten Principles are derived from: the Universal Declaration of Human Rights, the International Labour Organization’s Declaration on Fundamental Principles and Rights at Work, the Rio Declaration on Environment and Development, and the United Nations Convention Against Corruption. The principle number ten is all about anti-corruption. The people at Global Compact, believes that a company’s value system is where corporate sustainability starts with, as well as the principled approach it takes in doing business. This means operating in ways that, at a minimum, meet fundamental responsibilities in the areas of human rights, labour, environment and anti-corruption.

A Guide for Anti-Corruption Risk Assessment  was developed to provide a practical, step-by-step guidance on how to conduct an anti-corruption risk assessment. It included  a six-step process to complete the assessment: establish the process, identify the risks, rate the risks, identify mitigating controls, calculate remaining residual risk and develop an action plan.

 

Please click here to read A Guide For Anti-Corruption Risk Assessment

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