Download now for free the new Guide (EN, NL or FR) launched during today’s conference with Kris Peeters, Minister for Economic Affairs & Koen Geens, Minister of Justice:
Today, the world observes the United Nations Anti-Corruption Day under the theme “United against corruption for development, peace and security”. International Chamber of Commerce (ICC) National Committees, national bodies comprising leading companies and business associations, join the global campaign focusing on corruption as one of the biggest impediments to achieving the Sustainable Development Goals (SDGs).
The Belgian National Contact Point for the OECD Guidelines invited ICC Belgium to draft a guide to help Belgian enterprises comply with the OECD anti-corruption rules. The guide is launched today in Brussels, during a conference with the Belgian Minister of Economy and the Belgian Minister of Justice.
ICC’s work on Corporate Responsibility and Anti-corruption
ICC has been a pioneer in the business fight against corruption, issuing in 1977 its first version of the ICC Rules of Conduct to combat Extortion and Bribery. Since then, ICC’s leadership on Corporate Responsibility and Anti-Corruption has included developing a robust suite of business ethics tools .
This year, ICC took part in the B20 Anti-corruption forum and the London anti-corruption summit to define key anti-corruption priorities for policy makers and the global business community.
The ICC Ethics and Compliance Training Handbook sets out the challenges which large, medium-sized and small companies have to overcome as they build and put into action their corporate compliance programme.
The Anti-corruption Clause is a tool which will preserve trust between parties, deter corruption in the negotiation and performance of a contract, and preserve the sanctity of contracts.
Six ways ICC helps businesses fight corruption
The International Chamber of Commerce (ICC) is a driving force in combatting corruption and has been for decades. In honour of Anti-corruption day, an international day observed by the United Nations (UN), here are six tools ICC has developed for businesses to challenge corruption and establish integrity across today’s global markets.
In 1977, ICC was the first organization to create regulations attacking all forms of corruption. Rewritten in 2011 by the ICC Commission on Corporate Responsibility and Anti-corruption and the ICC Commission on Commercial Law and Practice, the Clause is a corrective measure used to secure trust between parties and bar corruptive actions from affecting the relationship. It can be used by all sizes of businesses.
To fight corruption head-on, the training handbook was created to provide businesses with high-quality information on corporate integrity and compliance. The essential guide offers easy to follow instructions on 17 subjects that include: risk assessment, training and education, whistleblowing, internal investigations, resisting solicitation, joint ventures, and the ICC anti-corruption clause.
Used as the foundation of ICC’s anti-corruption work, these rules foster high standards in all business transactions. Working as a method of self-regulation by businesses in conjunction with the applicable national law and essential international instruments, they impart a solid basis for withstanding unscrupulous business practices.
Small and medium-sized enterprises (SMEs) are drivers of economic growth in many economies yet often they need capacity building for them to do their part for responsible supply chains and sustainable growth. This new guide addresses these concerns and encourages SMEs to engage in due diligence by creating achievable and manageable due diligence goals. It focuses on corruption risks that SMEs face when engaging third party suppliers, contractors and consultants in an international and domestic setting, and how those risks can be managed.
While Gifts and Hospitality are seen as a normal part of commercial practices, there is a fine line that can be passed if not mindful. ICC has established clear guidelines to help businesses certify and sustain a strict policy concerning Gifts and Hospitality. The rules plainly outline and define what constitutes bribery, for example, to avoid confusion and prevent such dishonest practices from arising.
Even today fraud is still a massive threat in and to the business world. Whistleblowing is vital in exposing corruption at the core. It plays an invaluable and effective role in revealing corporate misconduct. ICC’s guidelines allow businesses to establish clear policies that encourage awareness, make employees comfortable reporting without fear of repercussions, and in turn permits the company to handle those concerns in an appropriate manner before an illegal act is committed.