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Enhancing Transparency for Responsible Corporate Behavior

Learn about the importance of transparency in reporting on social responsibility and anti-corruption compliance culture. Explore strategies to combat corruption and promote ethical business practices. Gain insights on common excuses for paying bribes and the UK Bribery Act. Discover how collective action can drive systemic change.

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Enhancing Transparency for Responsible Corporate Behavior

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  1. TRAC: TRANSPRENCY IN REPORTING OF Social responsibility and an Anti-Corruption Compliance Culture 26th September 2013 David Coates Senior Advisor Transparency International UK

  2. At home with Ethics and Compliance

  3. Ethical, Legal and Socially Responsible

  4. Transparency International • Specialist Anti-Corruption NGO • Founded in 1993 • TI National Chapters in over 100 countries Proetica

  5. Transparency International’s approach • Bribery of any kind embeds corruption in the system • Corruption has victims • Fighting corruption often requires collective action to achieve systemic change • Zero tolerance

  6. Common Excuses For Paying Bribes COMPLACENCY “We’ve always done it…” IGNORANCE “If only we'd known that it would be regarded as a bribe…” SIEGE MENTALITY “We can only compete if…” PRETENDING IT’S NOT A BRIBE “It was only a helicopter trip and a five-course banquet for him and his partner…” OUTSOURCING BRIBERY “We had no idea our agent was paying…” CITING CUSTOM “That’s the way things work here - it’s different…” INADEQUACY “We thought our anti-bribery systems were up to the job…”

  7. Likelihood of companies to bribe abroad by sector 8 7 6 5 … 0 = Always

  8. Where does Corruption Take Place? • Corruption can also exist between private-sector parties, their proxies or agents • Grey area between public and private sectors makes public/private distinction increasingly obsolete

  9. UK Bribery Act • Section 7 - Failure by a commercial organisation to prevent a bribe being paid for or on its behalf. • Critical Motivator for Social Responsibility • MoJ Guidelines 6 principles ‘Adequate Procedures’ • Bad Apple Mitigation

  10. Adequate Procedures • High-level commitment • Risk assessment • Policies and Procedures • Implementation (e.g. training, communication) • Due diligence assessment of partners, agents and contractors • Monitoring and evaluation

  11. Need to Merge

  12. Questions and Thank you • David Coates • david.coates@transparency.org.uk • +44 (0) 7768 48 66 30 • david.coates@beta4change.co.uk

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