Ethical Performance
inside intelligence for responsible business
 

Search results

Your search for Corruption returned 364 results

EU Commission issues guidelines to strengthen CSR reporting - news

By Sangeeta Waldron — Non-Financial Reporting (NFR) is an effective way for businesses to integrate sustainability into their decision-making processes. NFR can help companies identify...

EU Commission issues guidelines to strengthen CSR reporting - news

By Vikas Vij — Non-Financial Reporting (NFR) is an effective way for businesses to integrate sustainability into their decision-making processes. NFR can help companies identify critical...

Call to companies to eliminate forced labour in textile industry - news

By Brian Collett — An appeal for close collaboration between businesses in the textile industry to eliminate forced labour has been made by a group led by Humanity United , an NGO that...

ESG risks should be disclosed: environmental groups petition Securities and Exchange Commission - news

by Brian Collet — All companies should disclose the environmental, social and governance risks of their activities to aid investors in making choices. This recommendation has been...

Helping companies understand their value chain - news

The 5 th GRI Global Conference 2016 , held in Amsterdam 18- 20 May, convened 1,500 sustainability leaders to exchange information about best practices, innovation, and trends. Alyson Slater ,...

The new CSR equation: transparency = brand credibility - news

EP Journal Trust in business today goes hand in hand with increased transparency by Miranda Ingram Corporate reputation is hard to gain and easy to lose, but any company that...

Reporting in Europe breaks new ground - news

This year the first directive mandating non-financial corporate disclosures is due to take effect across the EU which breaks new ground in corporate reporting requirements. Elisabeth Jeffries...

Corruption remains major cost for honest companies - news

Corruption is still a major cost to international business, finds the latest survey from global business risk consultancy, Control Risks. It found that 41% of global respondents reported...

OECD countries fail to combat bribery - news

Major exporting countries are failing to combat cross-border bribery, according to anti-corruption group Transparency International’s (TI) latest report. TI has found that 22 of the...

UK spurs greater supply chain accountability - news

Businesses with a £36m+ turnover will have to report on slavery in their supply chains, the UK government has announced. The government, which consulted on the threshold level as part...

Japan Tobacco makes progress with sustainability initiatives and reporting - news

Japan Tobacco Inc. (JT) has published a report outlining its sustainability initiatives and performance for 2014. JT began developing its sustainability strategy in 2012, initially focussing on...

Grievance system fails to hold corporates to account - news

Allegations of corporate wrongdoing over the past 15 years have almost never resulted in companies being held accountable, a new analysis of cases has found. OECD Watch's Remedy...

GRI sets strategy to help business learn more from sustainability data - news

GRI, the international CR and sustainability reporting organisation, is responding to the changing reporting landscape with a new four-pillar strategy. Speaking to Ethical Performance,...

Madsen joins UN Global Compact board - news

United Nations Secretary-General Ban Ki-moon has appointed Dr Henrik O. Madsen, group president and ceo of DNV GL, as a new board member to the UN Global Compact board, the world’s largest...

Fighting supply chain corruption - news

With many companies having tens of thousands of suppliers, it is not surprising that managing corruption risks is proving problematic. Miranda Ingram reports The Bribery Act 2010 was...

Mitsubishi Motors falls under scrutiny in Australia - news

Fraud allegations have rocked the management of the Australian subsidiary of Japan’s Mitsubishi Motors. However, the unexpected death of its sales director, both a veteran employee and one...

UN Secretary-General drawn into fraud investigation in Korea - news

A regular hazard for people prominent in Korean society is the use relatives sometimes make of family bonds to further their interests. For example, the sons of two former civilian...

BLOG: FIFA Scandal - A tipping point for CSR? - news

I have been writing about Corporate Social Responsibility (CSR) and sport, especially football, needs a new level of responsibility for several decades - see for instance the group discussion in...

Lotte Group faces corruption probe - news

Prosecutors are investigating a subsidiary of South Korea’s leading retailer, the Lotte Group for allegedly creating a slush fund. The Seoul Central District Prosecutors’ Office...

Korea reaches out to explain and share anti-corruption policies - news

South Korea is reaching out to other countries both to explain its own anti-corruption policies, and to enlist support in enforcing these. Talks also include areas of co-operation and the...

Executives from Japan’s Orix charged with fraud in Australia - news

The Australia head of Japan’s Orix Corporation has been charged with fraud and money laundering. Orix is a large, highly diversified Japanese financial services and investment banking...

Petrobras pays price for 8 years of corruption - news

Petrobras, Brazil’s state-run oil company, has calculated that eight years of corruption have cost it $2.1bn (Brazilian R$6.2bn, £1.39bn, €1.94bn). The corruption involved...

Europe urgently needs lobbying reform says TI report - news

A new report on 19 European countries and 3 EU institutions shows undue influence on politics across the region and in Brussels. Transparency International (TI), the anti-corruption group,...

China to tighten NGO supervision - news

Human rights and labour rights groups are to face a new challenge, finds Keith Crane reporting last month’s forum, “The new normal in China Communications and CSR”,...

South Korea’s POSCO investigated for slush funds - news

What started out as a probe into a suspected slush fund held by the construction subsidiary of POSCO Corp., South Korea’s largest steelmaker, has expanded to include an investigation of...

Canada’s Bombardier under fire in Korea - news

South Korean prosecutors are accusing Bombardier Inc., a major Canadian aerospace and transportation manufacturer of making gifts to local officials to help the firm win a valuable contract to...

Golden opportunity for jewellery industry to take a stand - news

Harriet Kelsall, designer and leading figure in the jewellery industry, explains why 'clean gold' should be the definition of modern luxury jewellery We believe the best approach...

Rolls Royce refutes Brazilian bribery claims - news

The engineering multinational Rolls-Royce has been accused of paying at least $200,000 (£130,000, €176,000) in bribes to win a lucrative order from Petrobras, the state-owned...

South Korea tries to clean up home shopping industry - news

South Korea’s home shopping industry is moving to clean up its act under the threat of a punitive government crackdown. The move follows a warning by three government bodies —...

HSBC under investigation over tax evasion allegations - news

HSBC, the UK-based bank accused of helping clients to evade tax, is now being investigated by the Financial Conduct Authority (FCA). The FCA joins the Serious Fraud Office, the Bank of...

RepRisk releases latest Most Controversial Companies report - news

RepRisk, the provider of business intelligence on environmental, social and governance (ESG) risks, has released the fifth edition of its Most Controversial Companies (MCC) Report. The data...

New measures to tackle corruption in Korea - news

In February, Korea’s National Assembly is expected to pass new legislation to reduce corruption among public officials. The legislation, entitled the Act on the Prohibition of Improper...

Companies turning blind eye to supply chains - news

A majority of companies don’t perform anti-bribery and corruption audits on their suppliers, an area of business operations that’s proved prone to bribery risk in recent years,...

Moving towards a greener form of capitalism - news

Choosing a pension scheme with a clear focus on the relevance of good corporate governance, how companies manage their relationship within the society they operate and their impact on the...

Company managers at heart of corporate bribery, finds OECD - news

At the start of December last year, the Organization for Economic Cooperation and Development (OECD) released its first-ever analysis of global anti-bribery activities. The OECD looked at...

Denmark leads way in anti-corruption league - news

Denmark comes out on top in Transparency International’s annual Corruption Perceptions Index with a score of 92 (based on a 0-100 scale where zero is perceived to be highly corrupt) and...

Security breaches threaten South Korea’s nuclear power stations - news

Following a September online media report about a nuclear security breach, Korea’s Ministry of Trade, Industry, and Energy conducted security checks on power stations across the nation....

Japan pressed on foreign bribery prosecutions - news

This October, three senior executives from Japan Transportation Consultants a Tokyo company that had won a bid for a Hanoi transportation project, admitted paying bribes of US$650,000 to...

Banks face tougher scrutiny following record FCA fines - news

Banks are being scrutinised by the UK’s Financial Conduct Authority (FCA) following record fines imposed in three countries over foreign exchange rigging. On the announcement of the...

José Ugaz elected chair of Transparency International? - news

José Ugaz has been elected chair of the board of Transparency International, the global anti-corruption organisation. Ugaz, a Peruvian lawyer with a history of taking on grand...

Corporate giants stay silent on local impact, report shows - news

The world’s biggest companies disclose little or no financial details about their operations outside their home country, a new report from Transparency International has shown. Ninety of...

Too few enforcing anti-bribery laws, finds Transparency International - news

Many leading economies are failing to stop their companies from spreading corruption around the world, anti-corruption group Transparency International has warned  in its annual progress...

Petrobas director in corruption spotlight - news

A former director of Petrobras, Brazil’s largest company and the largest oil group in Latin America, is being investigated for bribery. Brazilian federal prosecutors have accused...

Korea’s POSCO E&C caught in bid rigging - news

POSCO E&C, Korea’s third largest engineering and construction company, has been caught in four different cases of bid rigging this year, and has had to pay fines of KRW 28 billion. The...

GSK fined $490m for bribing Chinese doctors - news

The UK pharmaceuticals group GlaxoSmithKline has been fined $490m (£300m,€381m) for bribing Chinese doctors, hospitals and government officials to push its products. The penalty,...

Tesco launches investigation following £250m profit shortfall - news

British supermarket giant Tesco has suspended four executives, including its UK managing director, after the retailer overstated its half-year profit guidance by £250m. It has...

CR is increasingly defined by what a company does, not what it gives - news

Since the recession, businesses have been faced with an increasingly cynical public who are more concerned than ever about the ethics of the brands they choose to engage with. Working at...

Japan to set up sports corruption unit for Tokyo 2020 Olympics - news

The Japanese government has announced plans to set up a special policing unit to monitor and investigate corruption threats to the nation’s sporting bodies. Government officials say...

TUI becomes first travel member of anti corruption business forum - news

TUI Travel plc, the leisure and travel company and owner of over 220 brands including Thomson and First Choice, has become the first company in the travel industry to be accepted into the...

Staking your reputation on the digital age - news

In these days of increasingly sophisticated social media it only takes one off-message supplier and a backpacker with a phone camera, to bring corporate reputations crashing down. So what steps...

EY finds worrying levels of fraud, bribery and corruption worldwide - news

EY’s 13th Global Fraud Survey, Overcoming compliance fatigue: reinforcing the commitment to ethical growth, has found concerning levels of perceived fraud, bribery and corruption across...

Prosecutors probe habitual corruption in South Korea’s railway industry - news

Korean prosecutors have questioned more than 30 high-ranking officials of the state-run railway regulator to verify whether they were involved in bribery allegations surrounding the Korea Rail...

Further woes for GSK in China - news

A British private investigator and his wife, hired to help the pharmaceuticals company GlaxoSmithKline (GSK) after it was accused of corruption in China, have been charged with illegally...

Beware ‘changing of guard’ warns KPMG as fraudsters get younger - news

The profile of the typical fraudster has shifted from rogue senior executives to younger individuals funding extravagant lifestyles, finds KPMG’s latest Fraud Barometer. Fraud cases...

SFO launches FOREX price rigging probe - news

The Serious Fraud Office (SFO) in the UK has launched a criminal investigation into allegations of price rigging in the £3 trillion-a-day foreign exchange market. The inquiry will...

Bribery and corruption still rife, finds EY global survey - news

EY’s 13th Global Fraud Survey, Overcoming compliance fatigue: reinforcing the commitment to ethical growth, has found concerning levels of perceived fraud, bribery and corruption across...

Former Deutsche Bank salesman admits bribery in Tokyo - news

A former Deutsche Bank AG salesman, Shigeru Echigo, admitted to bribery charges at his trial in Tokyo on 22 April 2014. He also said he acted on direct instructions from his managers. At...

SFO instigates criminal investigation into GSK - news

A formal criminal investigation has been begun into corruption accusations against GlaxoSmithKline by the UK’s Serious Fraud Office. The former general manager of GSK’s Chinese...

Japan’s Marubeni Corp fined $88m for bribing Indonesian officials - news

A leading Japanese trading company, Marubeni Corporation, has been fined $US88m after admitting bribing Indonesian government officials to secure a lucrative power project, the US Department of...

GSK faces corruption charges in Poland - news

The UK multinational GlaxoSmithKline has been accused of bribing doctors in Poland to prescribe one of its drugs, the asthma inhalant Serevent. As the Polish police pursued a corruption...

Unethical behaviour taints Japan’s overseas aid efforts - news

Japan’s Official Development Assistance (ODA) to the less developed countries is an integral part of what it calls “values-based diplomacy,” a strategy designed to promote...

Big business making too little progress on sustainability - news

Big business is doing too little and making too little progress on sustainability according to oekom’s latest Corporate Responsibility Review 2014. Over the last year, there has been...

Rolls-Royce launches 24-hour ‘ethics line’ - news

Rolls-Royce, the UK manufacturer of aero engines and marine and energy equipment, has introduced a 24-hour “ethics line” enabling employees to voice bribery suspicions. At the...

China’s austerity regime sets way for new business model - news

China’s new era of austerity could lead to a new way of global corporate governance, a Beijing forum has been told. Its still-growing economy will set the tone for a new world way of doing...

Nominations open for Transparency International's 2014 Integrity Awards - news

The global anti-corruption organisation Transparency International is now accepting nominations for its 2014 Integrity Awards. Launched in 2000, the awards recognise the courage and...

Bank error over market fixing - news

Foreign exchange dealers have been suspended by the UK bank HSBC and the US Citigroup in the global probe into alleged currency market fixing. HSBC confirmed it had suspended two London...

Ongoing building collapses raise safety issues in Korea - news

Students from Busan University were killed and injured when the roof of the auditorium where they were attending a freshman orientation collapsed on 17 February 2014. Officials said the...

Korea gives off mixed signals over ethical business practice - news

Despite Korea taking a stand in recent years over ethical business practices, doubts are now being raised as to whether anything has really changed. Korea’s regeneration as a modern...

“No corruption-free zone” in Europe, report shows - news

Corruption continues to be a challenge for Europe, says the first ever EU Anti-Corruption Report from the European Commission. Affecting all EU Member States, corruption costs the European...

Companies must grasp third party risks - news

Michael Boag, md, Stroz Friedberg, an intelligence and risk management company, discusses the need for business to grasp the nettle of third party risk The failure to conduct appropriate...

Corruption costing European economy €120bn a year - news

Corruption continues to be a challenge for Europe, says the first ever EU Anti-Corruption Report from the European Commission. Affecting all EU Member States, corruption costs the European...

Eccestone stands down at Formula One - news

The UK businessman Bernie Ecclestone, who faces corruption charges in Germany, has agreed to resign as a director of the motor racing company Formula One. Ecclestone, estimated in the last...

Low-tech fraud makes unwelcome return - news

KPMG’s bi-annual Fraud Barometer has shown that while fraudsters are at the cutting edge of technology - attacking banks in the virtual world for example - some have reverted to...

New app helps employees combat bribery - news

With corruption still topping the list of FTSE350 company concerns, the Institute of Business Ethics has developed a timely app to help employees make the right decision in tricky situations....

F1 boss in bribery spotlight - news

The UK businessman Bernie Ecclestone, who faces corruption charges in Germany, has agreed to resign as a director of the motor racing promotion company Formula One. Ecclestone, estimated in...

Corruption fears grow in wake of Typhoon Haiyan emergency - news

Rights workers fear that irresponsible businesses will be drawn into the corruption that is already weakening typhoon relief efforts in the Philippines. There were reports after typhoon...

Human rights violations rise 70%, says Maplecroft survey - news

A striking 70% rise in the number of countries where the risk of human rights violations is extreme is recorded in a survey by Maplecroft, a UK-based risk research consultancy. The...

Massive irregularities at South Korea’s largest bank - news

Financial authorities and prosecutors are looking into allegations that employees of South Korea's largest lender, Kookmin Bank, faked government bonds and embezzled the money from their...

Mighty oaks from little acorns... - news

Bengt Brunberg, sustainability manager at BillerudKorsnäs, the Swedish packaging material manufacturer, tells Ethical Performance about why he believes it is important to take a broad...

Major South Korean businesses found stealing electricity - news

Some of South Korea’s leading businesses have been caught stealing cheap electricity to power research facilities, offices, and golf courses.  The violations took advantage of...

JPMorgan Chase agrees $9b pay-out - news

The largest regulatory settlement in US history has been agreed with federal and state authorities by the JPMorgan Chase bank over misleading mortgage practices that stoked the 2008 financial...

Chevron maintains Ecuador fine 'illegitimate' - news

A former judge in the Ecuadorian court that ordered the oil company Chevron to pay $19bn (£11.7bn, €13.7bn) pollution compensation has claimed he was given $1,000 a month to...

Supply chain security never goes out of style - news

The term ‘sustainable’ in the fashion world is a little like the word ‘natural’ in the beauty biz. It seems to mean different things to different brands. Different...

Massive corruption undermines South Korea's nuclear industry - news

Concerns about the safety of nuclear power became widespread in South Korea after the nuclear accident at Fukushima, Japan in 2011, prompting a critical examination of the country’s...

Pressed for cash, Japan’s gangsters ensnare bankers - news

Japan’s Mizuho Bank is in trouble following admissions that it had loaned money to the country’s organized crime syndicates, popularly known as the Yakuza, with the knowledge of...

Leading export nations fail to enforce foreign bribery rules - news

Some leading member nations of the G20 are still non compliant with the OECD Anti-Bribery Convention according to a new report from Transparency International (TI). The anti-corruption...

Novartis under bribery spotlight in China again - news

Novartis, the Swiss pharmaceuticals company, is facing a second corruption allegation in China. Its eye care unit, Alcon, has been accused of bribing doctors in more than 200 hospitals to...

Corruption risk continues to blight key growth markets - news

While anti-corruption laws are in place in all the BRIC economies,  implementation and enforcement remains consistently weak finds the latest  annual Corruption Risk Index (CRI) from...

Report sets new benchmark for corporate sustainability in Africa - news

The UN Global Compact and newspaper group Financial Times have produced the first benchmark for CSR in Africa. The joint initiative, the Africa Sustainability Barometer, gauges the state of...

Putting bribery under the cosh - news

Bribery and corruption remain ongoing issues for businesses worldwide, especially for companies that are doing business in developing economies, where corruption is more commonplace than it is...

GSK China executives "appear to have broken" law - news

CHINA: GlaxoSmithKline (GSK), Britain’s largest pharmaceuticals company, admitted some of its executives appeared to have broken the law, as bribery investigations were conducted....

Ecclestone to face bribery charges - news

GERMANY: the British billionaire Bernie Ecclestone has been charged with bribing a banker in 2006 to smooth the sale of the bank’s 47% stake in the Formula One motor racing group, of which...

Governments need to heed call for action over bribery - news

More than half the 114,000 people in 107 countries interviewed in a Transparency International survey believed corruption had spread during the past two years. At the same time participants...

BP refused temporary halt to Deepwater pay-outs - news

BP has been refused a temporary halt to compensation payments to parties that suffered after the Gulf of Mexico oil spill. The company complained that false claims were mounting and said...

Corruption still widespread reveals worldwide poll - news

More than one person in two thinks corruption has worsened in the last two years, according to the world’s largest public opinion survey on corruption from Transparency International....

Institutional integrity... - news

Three quarters of companies targeted in an investor engagement aimed at improving disclosure and understanding of companies’ anti-corruption risk management have significantly improved...

Chevron ceo to answer bribery allegations - news

A magistrate appointed in the long running lawsuit brought by Chevron in New York in the aftermath of a $19bn judgment against the company in Ecuador has ruled today that Chevron ceo John S...

Oil giants raided over fears of price fixing - news

Huge penalties and prosecutions could be in store for the oil companies whose offices have been raided by European Commission officials on suspicion of fixing prices. The Brussels teams...

Investors encourage participation in UN’s ‘PRI for Rio’ global initiative - news

As investors across the globe are increasingly evaluating companies’ ability to address environmental, social and corporate governance (ESG) opportunities and challenges, a coalition of 34...

Blowing the final whistle on corruption in sport? - news

One of my father’s favourite sporting photographs – and mine, actually, if you don’t count the one capturing John McEnroe’s first Wimbledon win in 1981 – shows him...

Vigeo publishes corruption study - news

Demonstrating that preventing corporate corruption is a performance issue at the heart of corporate responsibility, a new study from Vigeo identifies and compares the corruption prevention...

Routing of emails exposes trio to US bribery action - news

The aggressive stand being taken in the US against bribery and corruption has been underlined by a federal court ruling on three executives said to have used dishonest tactics in a foreign...

Brasilia Declaration makes debut - news

More than 1,900 people from 140 countries gathered in Brasilia for the 15th International Anti-Corruption Conference to call for the end of impunity. The resulting Brasilia Declaration urges...

Corporates against corruption - news

Bribery and corruption used to be seen as part of the reality of doing business in certain parts of the world. But, writes Leo Martin, business is leading the international charge for change...

Governments urged to target lobbying and political funding to increase transparency - news

Corruption remains a serious threat facing humanity, Transparency International (TI) declares in a new report. In its 2012 Corruption Perceptions Index, TI speaks of poor families being...

Walmart extends security investigation - news

Walmart’s internal investigation into violations of the US Foreign Corrupt Practices Act has been extended from its operation in Mexico ( EP, July 2012, p16 ) to also cover Brazil, India,...

Probe launched into UK natural gas prices - news

UK regulators have launched a probe into alleged attempts to manipulate the country’s natural gas markets after concerns were raised about unusual price activity in the ‘National...

The old news agenda and today’s drivers of change - news

Reading through the blizzard of reports and utterances from the great CSR news community is not one of the most positive experiences right now. There are so many stories knocking around about...

US trade group attacks conflict minerals rule - news

Two US business organisations are seeking to overturn a law compelling companies to disclose their use of conflict minerals. The rule was adopted by the Securities & Exchange Commission...

Alcoa settles Alba lawsuit - news

US aluminium producer Alcoa is set to pay Bahrain’s state-controlled Aluminium Bahrain (Alba) $85m (£53m, €66m) to settle a lawsuit over alleged corruption. Alba alleged Alcoa...

US oil industry body sues SEC over Dodd-Frank Act disclosure rules - news

A coalition of US oil and business organisations is suing the Securities & Exchange Commission (SEC) for ‘overstepping’ its authority in requiring companies to disclose payments...

Firms still failing to report anti-corruption activities - news

The world's largest companies may be contributing to the corruption culture, says a report by global civil society group Transparency International (TI), which claims organisations still...

Pfizer pays $60.2m after admitting giving bribes to foreign officials - news

Pfizer Inc will pay $60.2m (£38.1m, €248.0m) after a US government probe into illegal payments to win business as part of a crackdown on bribery by multinational corporations that has...

Builders face court action over blacklisting claims - news

Blacklisted UK construction industry workers have launched a high court claim against the builder of the Olympic Stadium, Sir Robert McAlpine, for conspiring with other firms over three decades...

Comprehensive reporting law adopted by France - news

Companies either headquartered in France and which operate there will be required to comply with a CSR reporting mandate.   Article 225 of the Grenelle II Act is one of the most...

Indonesian corruption website proves a hit - news

A website displaying  details of more than 100 people convicted of corruption in Indonesia has been launched to boost the fight against crime. Funding to the Corruption Eradication...

Sport governing bodies unite to fight illegal betting and corrupt result fixing - news

Corrupt and irregular betting patterns in the UK are being fought by a group formed to counter what has been called the biggest threat facing sport.    Governing bodies...

Lack of access to data thwarts war on corruption - news

Information about worldwide corruption is being withheld by governments, including the UK administration, campaigners have claimed after an investigation. In November 2009, the UN...

Kenyan companies sign code of ethics - news

Kenyan companies have signed a code of ethics, hoping to combat problems of corruption and poor governance in the country’s private sector. Dozens of companies from a range of industries...

Siemens asked to quite US Chamber of Commerce - news

An electronics multinational has been urged to withdraw from the US Chamber of Commerce following a perceived disconnect between its corporate responsibility policies and the Chamber’s...

Chevron faces ‘disruptive’ battle over Ecuadorian damages award - news

A court judgment in Ecuador awarding $18bn (£11.7bn, €14.1bn) damages against the oil multinational Chevron, the largest fine after the BP Gulf of Mexico settlement, has been upheld....

EDF Energy fined for spying - news

EDF Energy has been fined €1.5m and two of its senior staff sent to prison for spying on environmental campaigners. A French court found that EDF employed a security firm, Kargus, to spy on...

Iran, China & Burma top oppressive regime listing - news

Iran, China and Burma have been named as the world’s most oppressive regimes by Ethical Consumer magazine. The research, which examined a wide range of human rights abuses in 196...

UN backs core values on commodity markets - news

UN-backed principles for commodities-related investments have been established to help institutional investors navigate the sector’s CSR implications. Responsible Investment in...

A corporate accident waiting to happen - news

The phone-hacking scandal has not only closed the UK’s News of the World newspaper, but has cast doubt over the Murdochs’ future at News Corp Tabloid journalism in Britain...

Carlsberg subsidiary set to introduce five-point ‘discipline pact’ for suppliers - news

A Ukrainian brewer has become one of the first eastern European companies to establish a code of conduct for its suppliers. Slavutich, part of the Carlsberg Group, has made compulsory...

Oil and mining companies agree ‘model’ ethics guide - news

The energy and extractives industry has launched a set of anti-corruption principles in response to the July introduction of the UK Bribery Act. Companies including Anglo American, BP, Rio...

Scandal sparks News Corp investor backlash - news

A spate of divestments and shareholder lawsuits has added to widespread public criticism of News Corporation in the wake of the UK phone-hacking scandal. The company faces calls to overhaul...

inbrief - news

Corporate progress on CSR has been labelled tangible but insufficient by the United Nations Global Compact, especially in human rights and anti-corruption areas. The Compact’s latest...

Major guidelines get a wash and brush up - news

The OECD has formally adopted a revised text of its Guidelines for Multinational Enterprises – 10 years after its last key review. EP looks at what has changed Broadened scope...

Daimler sets out ten-year way ahead - news

Daimler has announced ten-year sustainability targets in its latest CSR report. The German car manufacturer has made 51 pledges, from traffic safety to gender equality, in an effort to sharpen...

Blatter pledges FIFA governance body - news

World football’s governing body FIFA has announced it will be introducing a corporate governance and compliance body, following allegations over deep-seated corruption and bribery within the...

Sport needs to tackle high reputational risks - news

Bribery, supply chain issues and pay differentials have been identified as key ethical risk areas in the global sports industry. A briefing by the UK-based Institute of Business Ethics...

Briefing: why the UK’s Bribery Act will be good for business - news

Michael Littlechild, chief executive of GoodCorporation, argues that corporate concerns about negative implications of the new legislation are unjustified In the final hours of the...

Putting the 'S' back into ESG: the Oxfam way - news

Oxfam has published research looking at how investors can influence international development and poverty work. Mike Scott speaks to Rory Sullivan, the initiative's community lead...

Siemens hands out $40m to help combat corruption - news

Engineering multinational Siemens has unveiled a raft of anti-corruption programmes that will receive funding under its $100 million (£64m, €76m) 'integrity initiative' to...

The corruption of capitalism - news

Richard Duncan. CLSA Books. Paperback. 228 pgs. £16 / $25. Richard Duncan is that rare thing – an unequivocal economist. His diagnosis of our current problems is that...

Majority now have hotline procedures - news

Two-thirds of FTSE 250 companies now use whistleblowing hotlines to help stamp out unethical and corrupt activities. Research commissioned by the SAI Global consultancy showed a 26 per cent...

Trust in UK business rises - news

UK public opinion over the ethics of British business remains divided, although there has been a marked shift toward greater trust in the past year. Just over half of respondents to an Ipsos MORI...

Colombia gets broad coalition on human rights - news

Businesses have become involved in a project to promote human rights and humanitarian law in Colombia. Guias Colombia is a coalition of companies, NGOs and the Colombian government that...

Fears over Bribery Act implementation delay - news

The revised UK Bribery Act will come into force next April, the government has announced. There had been hopes that the Act would be implemented this October, but Justice secretary Kenneth...

dairy giant brings in new code - news

The multinational dairy business FrieslandCampina is reinforcing its CSR commitments with a code of conduct based on the Universal Declaration of Human Rights. The code pledges the company, among...

Korea improves record on pervasive ethics problems - news

South Korea has begun to improve its business ethics, but the issue remains one of the biggest affecting the country’s corporate climate. That’s the conclusion of research from...

Ethical business oath goes global with UN backing - news

A Hippocratic-style oath for business managers is to go global after being backed by the United Nations Global Compact. The oath, which has been designed as a ‘guiding compass’...

ECGD changes cause upset - news

An open letter to the UK government attacking its plans to abolish CSR requirements on foreign investment projects has been written by Mary Robinson, chair of the Institute for Human Rights and...

New bribery regime will ask more of businesses - news

Corporate failure to prevent bribery has been made an offence under UK law, putting the onus on businesses to deal with dishonesty rather than turn a blind eye. The Bribery Act, which...

Indian mining firms get compulsory CSR - news

CSR activities and reporting are to be made obligatory for mining companies in India following new legislation drawn up after concerns about pollution and rebel violence. A draft Mines and...

Pension funds ask for bribery data from companies - news

A $1.7trillion (£1.1tn, €1.3tn) coalition of investors is trying to force companies to come clean on their bribery and corruption management policies following a string of bribery scandals among...

Daimler pledges to change ways after bribery payout - news

The German car manufacturer Daimler will pay $185million to settle a bribery case after pleading guilty to corruption in a US court. Daimler had been charged by the US justice department with...

Vietnamese businesses will fight corruption - news

An anti-corruption programme has been established in Vietnam to co-ordinate local businesses, multinationals, business associations and international partners to combat bribery. The...

Innospec and Trafigura pay millions to settle poisoning cases - news

Two multinational companies agreed last month to massive payouts relating to the dumping of poisonous chemicals in the developing world. US-based chemicals manufacturer Innospec admitted to...

inbrief - news

Britain has launched its first prosecution of a company executive for alleged corruption overseas. The move, which follows global pressure on the UK government to tighten up on corruption by...

Lawyers urge OECD changes - news

A global lawyers' organization has said the Organization for Economic Co-operation and Development should put new advice on ethical supply chain management, human rights and climate change...

Ready for some catch-up - news

Interest in responsible business behaviour has been growing in Latin America – and there are signs that it may increase further. EP looks at the state of CSR in the region Some...

Anti-bribery law toughens the stance on corruption - news

Jerry Hagelberg sees a global culture change reflected in new UK legislation against bribery Business ethics will receive a significant boost early in the new decade with the enactment,...

A look at CSR’s continental shift - news

CSR Europe has produced a new guide on the state of corporate responsibility in Europe. Here  EP summarises some of its conclusions about the progress – or lack of it – being...

Don’t ignore the power of the board outsiders - news

Non-executive directors can play a crucial role in setting the ethical agenda, argues Danielle Cohen Company training can instil good behaviour in employees, but if corporate culture...

Chevron and ExxonMobil court controversy - news

Chevron, ExxonMobil, Nestlé, Shell and Vedanta were among the world's most criticized companies during September and October. The reputational risk index RepRisk said the five were 'severely...

Norwegian fund keeps eye on Asia - news

UK-based consultancy SourceAsia has been contracted to help the $396billion (£242bn) Norwegian Government Pension Fund conduct ethical screening of Asian companies.   The...

CSR rides out recession despite some casualties - news

Corporate responsibility functions in many organizations appear to be coming through the recession relatively unscathed. Various indicators, including a new survey of global CSR...

Global Compact announces 1000 removals for the year - news

More than 1000 companies have now been de-listed from the Global Compact by the United Nations for failing to meet mandatory reporting requirements. The Compact Office has released a full listing...

Keeping a watchful eye on business reputation - news

Covalence has ploughed an unusual furrow by giving companies ethical ratings based on often subjective media coverage. Mike Scott talks to Antoine Mach about its aims and methodology A...

New framework helps firms tackle bribery - news

A bribery and corruption framework has been drawn up by UK-based GoodCorporation to help organizations avoid corrupt practices. The framework can be used by companies in conjunction with an...

Telecomms firms ‘taking a risk’ - news

The telecommunications sector has been warned that it is running risks by publishing so little on CSR issues. Research by Covalence says telecoms companies provide a small volume of ethical...

ISO2600 makes progress towards 2010 launch date - news

Work on the development of an ISO standard on social responsibility will move another key step forward next month with the publication of an international draft version. The emergence of...

Banking sector reputation hits rock bottom - news

The banking sector is suffering the worst reputation of all industries thanks to the financial crisis, jobs cuts and its stance on tax issues. Data from the ethical rating company Covalence...

Firm is put on ethics watch - news

British bridge-building company Mabey & Johnson is to be monitored by an independent auditor approved by the UK’s Serious Fraud Office (SFO) after admitting to paying bribes to win...

inbrief - news

A Brazilian football club has released a sustainability report. After inheriting a $100million (£61m) debt upon takeover, the current administration of Corinthians says it decided the...

Australia gets Compact network - news

An Australian network of the United Nations Global Compact has been established. The network was set up at the tenth National Business Leaders Forum on Sustainable Development in Canberra...

Britain unveils bribery bill - news

British companies could be prosecuted under proposed  new legislation for failing to stop employees becoming involved in bribery. The draft Bribery Bill, newly announced by the Justice...

Global Compact agrees further rule-tightening - news

Signatories to the United Nations Global Compact will soon have to meet more stringent standards just announced by its board. From 1 July new business participants will be given one year,...

Financiers slated over dictator accounts - news

Banks are facilitating corruption internationally by doing business with dictators and should work harder to reject relationships with individuals posing a corruption risk, says a report from...

Norway makes bid for global leadership role - news

The Norwegian government has published a white paper on corporate responsibility that signals a greater future role for the country in promoting CSR around the world. The 100-page...

Call for ban on new Philippines mining - news

A moratorium on new mining in the Philippines has been recommended by a British working group. The UK-based Working Group on Mining in the Philippines, chaired by former international...

Multinationals pledge to be ethical leaders - news

Seventeen companies with a combined turnover of $1trillion (£737billion) have become founder members of a new body on business ethics. Firms that join the US-based Business Ethics...

UK hits Aon with bribery fine - news

The UK broking arm of Aon, the US insurance broker, was fined £5.25million ($7.5m) for bribery last month, providing further evidence that the British authorities are adopting a stronger...

ISO 26000 takes shape as consensus takes hold - news

The long-awaited ISO standard on social responsibility has taken its most important step forward with the publication of a ‘committee draft’ that will form the backbone of the final...

Right now, business needs more walk and less talk - news

The financial crisis has shown that reporting is no substitute for firm action on ethics, says Leo Martin The rise and rise of corporate responsibility reports might make the casual...

Danish bank embraces SRI - news

Denmark’s largest banking group, Danske Bank, has adopted an SRI policy in the belief that it will improve the long-term performance of its investments. The policy, covering about...

SRI reach grows as Africa gets its own pair of indices - news

Two SRI indexes have been set up to cover listed companies in Africa. The Africa investor SRI 50 and Africa investor SRI 30 indexes, which are the first pan-African indices of their kind, have...

UK moves on bribery as OECD pressure mounts - news

Signs are emerging that the UK government is beginning to adopt a tougher stance on the behaviour of British companies abroad, partly as a result of sustained pressure from the Organisation for...

Foreign policy needs to support responsible business practice - news

Ethical investors maintain lists of countries flouting human rights in order to avoid putting money into companies with operations there. Democratic governments keep similar lists and, on...

Compact may raise the bar - news

Signatories to the United Nations Global Compact may soon have to meet a minimum standard for the content of their annual ‘communications on progress’ (COPs), which are public...

BAE sets out plans to put its house in order - news

Defence giant BAE Systems has set out how it intends to implement the 23 recommendations made by an independent committee that looked at how to improve the company’s ethical standards....

Samsung tops ranking of controversy - news

Samsung was the world’s most environmentally and socially controversial company in the first half of 2008, according to a new analysis. Monitoring of news from thousands of sources,...

When it comes to bribery in China, cash is king - news

Most requests for business-related bribes in China are cash demands, the first year of a bribe-monitoring project has revealed.   Information gathered through BRIBEline, an...

Norwegian investors launch SRI initiative - news

Norway’s largest institutional investors are making efforts to promote responsible business practice among companies listed on the Oslo bourse. The project, called Sustainable Value...

Foreign Office ditches CSR unit as its interest wanes - news

Britain’s Foreign and Commonwealth Office has shut down its section that has been dealing specifically with corporate responsibility. The move suggests the Foreign Office has...

Good conduct at the very top sets the tone for the rest of us - news

Only business leaders with self-restraint can steer companies along the right path, says the Dalai Lama In Buddhism we believe that the reputation of a company depends on whether it...

‘Courageous’ BAE agrees root and branch reform - news

One of the world’s largest defence companies has been praised for having the ‘courage’ to adopt 23 recommendations from an independent committee on how to improve its ethical...

inbrief - news

Nineteen British companies are being investigated over allegations of corruption abroad, the Serious Fraud Office has revealed. The companies under investigation include BAE Systems (defence),...

Chinese officials issue guidelines - news

State-owned businesses in China have been advised by the government to create corporate responsibility departments and policies.   Guidelines issued last month to China’s 152...

Tesco bows to pressure over Uzbekistani cotton - news

Tesco has asked its suppliers to stop sourcing cotton from Uzbekistan over concerns about state-sponsored child labour. The supermarket chain has made its decision after a three-year campaign by...

Global Compact removes 400 ‘free rider’ companies - news

The UN Global Compact has taken its toughest action yet by striking off 394 companies that have failed to provide updates of how they are honouring their pledges on society and the environment....

Vietnam network pushes transparency - news

The founders of a new United Nations Global Compact network in Vietnam have pledged to make increased corporate transparency one of their main objectives. Doan Duy Khuong, deputy executive...

Korea gets Compact network - news

A Global Compact Network has been set up to promote ethical business standards and practice in Korea. The new group is the latest of more than 80 Global Compact country and regional networks and...

bribery details go online - news

Confidential details of bribes are being collected by a corporate-led project to give an account of corruption trends in business. An online database, Business Registry for International Bribery...

Russian firms make strides on CSR agenda - news

Russian companies are making progress on corporate social responsibility, according to a study on the country’s business standards. The report, from the International Business Leaders’ Forum,...

inbrief - news

The GoodCorporation standard has been revised to cover additional points on lobbying, bribery and corruption, transparency on political payments, and employee privacy. The standard, which is used...

brevity on bribery puts BAE in verifier’s firing line - news

BAE Systems has been criticized by its external assurers for failing to provide enough information in its corporate responsibility report on allegations of bribery and corruption within the...

Corporate Truth, by Adrian Henriques - news

Earthscan, 2007. 184 pages, hardback. In theory, transparency should be good for business generally because it makes markets more efficient. In practice, individual businesses and sectors...

Compact companies fare better on key yardsticks - news

Companies that are signatories to the United Nations Global Compact have stronger policy frameworks on aspects of CSR than those that are not. In the first statistical analysis of the...

new ethical foreign policy might repair UK’s damaged reputation - news

Companies, it’s often said, take more notice of corporate social responsibility once their reputations have taken a serious knock. So now that Britain’s Foreign and Commonwealth Office has...

making sense of where climate change fits into CSR - news

Five years ago, at the height of the furore about Enron, some within the SRI community sought to present CSR as the first cousin of corporate governance, then a prime business concern. Corporate...

How honesty pays - news

Charles E. Watson. Praeger. 200 pages. Hardback. £22.95 Business ethicists have worked tirelessly to try to answer the question ‘do ethics pay?’ and there is accumulating empirical...

beleaguered Siemens opts to quit Sudan - news

A second European engineering company has decided to quit the troubled African state of Sudan for humanitarian reasons. Siemens, Europe’s largest electronics and electrical engineering group,...

ASB takes responsible investment line - news

ASB Community Trust, Australasia’s biggest philanthropic body, is to use the ten principles of the United Nations Global Compact as the basis for a new socially responsible approach to its...

another 200 'free-riders' are cast aside by Compact - news

A further 203 signatories to the United Nations Global Compact have been de-listed for failing to issue an annual report on how they are implementing the Compact's ten principles. The...

Sri Lanka targeted by Global Compact - news

Awareness of the United Nations Global Compact will be promoted among companies in Sri Lanka through a collaboration with the Chartered Institute of Management Accountants. The two bodies...

halt of Saudi bribery probe does capitalism an ill turn - news

When the public gets to hear of a brown envelope having been handed over, it is usually the recipient of the bribe who attracts the most opprobrium, as the beneficiary from ill-gotten gains. But...

Malaysia goes by the book on CSR - news

A book is to be issued by the Malaysian government to guide government-linked companies in practising effective CSR. The publication, to be called the Silver Book, is part of a series...

business urged to ally with NGOs to fight corruption - news

Companies have been urged to make greater efforts to work with non-governmental organizations on tackling corruption in countries with weak governance. Peter Eigen, head of Transparency...

Hong Kong tops bribery league - news

A survey has found that 76 per cent of Hong Kong businessmen have lost a deal in the past five years because a competitor had paid a bribe.      The report, by Control Risks, an...

From Edward Potter, director, global labour relations & workplace accountability, Coca-Cola - news

In recent years, there has been considerable public interest in The Coca-Cola Company’s operations in Colombia. Allegations about our business there were the subject of a 2001 lawsuit filed...

moves begin to turn EITI into a permanent fixture - news

The Extractive Industries Transparency Initiative looks likely to be put on a more concrete footing with a board and a secretariat funded largely by its corporate and government supporters. The...

China cracks down on corporate bribery - news

Attempts are being made to stamp out corruption by businesses trying to bribe their way into China's military procurement. Companies are being accused of corrupt methods of selling military...

FTSE4Good index unveils criteria on climate change - news

FTSE4Good, the equity index provider, has outlined climate change measures that it will soon expect companies to adopt if they are to be included in the FTSE4Good index. Draft FTSE4Good...

property developers band together to work with suppliers - news

UK property development and construction companies hope a pilot programme to reduce supply chain risk will shortly be taken up across their sector. More than 20 such businesses met in late June...

eight firms reported over ‘breaches’ of UN Compact - news

Eight official complaints about alleged breaches of United Nations Global Compact principles by signatory companies have been registered in the six months since a review procedure was introduced,...

leading bank turns down loans on ethical grounds - news

An international bank has turned down one in ten investment and loan requests from corporate clients after referring them to an in-house ethical screening unit. Over the past two years...

Olympus wants suppliers to meet social standards - news

Olympus Group, the Japanese precision instrument maker, has brought in a procurement policy that will favour suppliers that show they take account of their impacts on human rights, labour...

NHS puts sustainability into its purchasing mix - news

Companies tendering for supply contracts from the National Health Service in England will have to provide information on their sustainability performance under new procurement guidelines. The...

tougher corruption rules will hit companies in July - news

UK companies will have to operate under a significantly tougher anti-corruption regime from 1 July as a result of new rules published last month by the Export Credits Guarantee Department, which...

FTSE4Good tackles bribery - news

Companies at high risk of becoming involved in bribery have been given until next July to comply with criteria that will determine whether they are eligible for the FTSE4Good index. The...

French navy makes waves with first CSR assessment - news

The French navy has shown there is life in CSR beyond the corporate sector by submitting itself to a social responsibility assessment. The Marine Nationale opened itself to scrutiny by...

Malaysia Airlines courts whistleblowers - news

Malaysia Airlines (MAS) has introduced a whistleblower policy inviting employees to report corruption, abuses of power, security risks and other bad practices to an independent committee....

East Europeans fare well - news

Estonia, Slovenia and Lithuania have been judged the best emerging-country performers in an index that ranks companies and governments on their efforts to promote and implement responsible...

coalition attacks ‘abject failure’ - news

The European finance sector has been ‘largely ineffectual’ in its attempts to address its social and environmental responsibilities over the past few years, according to a coalition of ten...

Morocco embraces CSR - news

The Moroccan government says it wants to ‘differentiate’ the country from other emerging markets by gaining a reputation for high workplace standards in human rights, environmental impact and...

Asia Pacific countries make show in new index - news

Three Asia Pacific countries appear in the top half of a league table drawn up in a competitiveness and responsibility report by the international think-tank AccountAbility. The Responsible...

Bribery is big problem in Malaysia - news

About 15 per cent of Malaysians have been involved in giving and taking bribes, says a study by the Malaysian Institute of Integrity. Dr Sulaiman Mahbob, the institute president, said corruption...

inbrief - news

Few of the world’s aerospace, oil and defence companies have systems to counter bribery and corruption relative to other sectors, says a study. Ethical Investment Research Services says only a...

CSR's first lady looks to business for a lead - news

EP talks to former president of Ireland Mary Robinson about the role companies can play in galvanizing governments and society into action on key global issues There are few globally...

it's time for companies to facilitate good governance - news

Companies should help countries to become more stable places to do business, says Martin Summers The long-term prosperity of many countries depends on their ability to move away from...

Rusal makes play to become leader in Russia - news

Russia may at last have its first big corporate player in the corporate social responsibility field. Moscow-based Rusal, which produces a tenth of the world’s aluminium, has created the senior...

inbrief - news

Consultation has begun on the proposed shape of new criteria on countering bribery and corruption for the FTSE4Good index. The consultation, which closes at the end of this month, will be carried...

transparency initiative gets ready to expand - news

An international advisory group has been formed to expand the scope of the Extractive Industries Transparency Initiative and to work out how to monitor its effectiveness. The EITI, a...

big firms join fight to tackle African poverty - news

International companies have formed Business Action for Africa to build on the momentum of the Commission for Africa and the recent focus on the continent at the G8 summit. The coalition,...

energy sector to collect more CSR data - news

Procurement managers in the utility sector are putting the final touches to an initiative that will require their suppliers to disclose details of performance on issues such as human rights and...

private firms criticized over logging - news

The private sector’s role in supporting illegal logging in Indonesia is highlighted in a new report on the trade. The failings of private business are associated with a complex mixture of...

time is ripe for corruption and bribery to move into CSR's extended family - news

Are bribery and corruption the poor relations of corporate social responsibility? Their inclusion in responsible business practice guidelines often seems an afterthought. The United Nations...

bringing human rights within a risk management framework - news

How does a multinational company go about trying to integrate human rights in its operations? EP looks at the approach taken by Barclays Bank, which is a member of the Business Leaders Initiative...

climate change is next on FTSE4Good's agenda - news

Further pressure on companies to respond to climate change will be generated by a decision on the part of FTSE4Good to make this an explicit test of eligibility for inclusion in the index from...

Compact unveils plan to get tough on ‘free riders’ - news

Signatory companies to the United Nations’ Global Compact that fail to deal with allegations that they are not observing its principles could effectively be removed under plans for a complaints...

business 'needs to tackle poverty' - news

A bigger contribution from the private sector will be vital to economic growth and poverty reduction throughout Asia and the Pacific, an Asian Development Bank conference was told in Manila, the...

BP tries to attract lay audience - news

BP has produced two versions of its sustainability report in an effort to communicate it to lay people as well as CSR specialists. The UK-based oil company says an ‘audience research dialogue’ last...

Samsung sets up ethics code - news

The Samsung Group, Korea’s leading industrial organization, has established new principles to foster company-wide ethical and transparent management. The code is apparently a response to a...

British framework aims to define role of government - news

The UK has formally established the parameters of its corporate social responsibilities. EP considers the implications for companies Although the UK government has been acknowledged as a...

smaller extractive firms are invited to transparency party - news

Pressure is to be applied on some of the UK’s smaller oil and mining companies to support the Extractive Industries Transparency Initiative, which seeks to open up the revenue arrangements of oil,...

forestry firm under pressure from Citigroup - news

A large Malaysian forestry company has been warned by its bank that it must meet better environmental standards or face being dropped as a customer. Chuck Prince, chief executive of Citigroup,...

extractive industries initiative begins to show results - news

The Azerbaijan government has formally agreed to disclose revenues received from oil and gas companies. Under a memorandum of understanding, the government will work closely with the Extractive...

oil firms slip up on corruption - news

Ten of the world’s 23 largest oil and energy companies have been involved in serious corruption incidents during the past five years, says a new study by GES Investment Services, a Scandinavian CSR...

OECD cases revealed - news

The Organization for Economic Co-operation and Development has for the first time publicly listed ‘specific instances’ of alleged non-compliance with its guidelines for multinational enterprises....

UN attempts to ‘re-energize’ global compact in Russia - news

Moves are to be made to revive the United Nations Global Compact in Russia, where corporate support for the initiative appears to have foundered. The UN is to host a meeting of ten company chief...

Compact targets China - news

China's business leaders have been urged by Kofi Annan, the United Nations secretary-general, to join the Global Compact. Annan, on an official visit to Beijing, warned that China's rapid...

New business group tackles human rights - news

An advisory group has been formed to help businesses in the Far East tackle human rights abuses, child labour, poverty, environmental degradation, legal compliance, corruption, regional conflicts...

how the OECD’s fine principles are getting bogged down in detail - news

Procedures in the UK for handling complaints brought against companies for allegedly breaching OECD guidelines on responsible corporate behaviour do not appear to be working to the...

CSR ‘must be allied to political lobbying’ - news

Companies have been told that they must start working more closely with governments and policymakers if corporate social responsibility is to make further advances....

Global Compact adds 10th principle to its list - news

The United Nations has added an extra principle, covering corruption and bribery, to its Global Compact. The one-sentence tenth principle, which commits signatories to...

bitesized comments are hit with reporters - news

An innovative approach taken by Ernst & Young to verifying one of the UK’s flagship social reports could be offered to other companies. The...

how companies can call off the resource curse - news

Oil and mining companies should exercise leadership to ensure host countries benefit from their operations, argues Daniel Litvin One senior manager in a western oil...

10th principle for Global Compact? - news

A tenth principle could be added to the United Nations Global Compact. Compact officials are considering a new principle on transparency and corruption to complement the...

inbrief - news

Chemicals giant BASF has become a member of Transparency International, a non-governmental organization that aims to combat corruption and bribery. The German multinational,...

inbrief - news

Seventy-two environmental and human rights groups from 29 countries have written to companies and investors asking them to withdraw from the Baku-Tbilisi-Ceyhan oil...

investors can help companies to win the licence to operate - news

At first glance, some people might think the silly season has started early. Mainstream investors are lining up to support initiatives to make the world a better place. Ten...

corruption bill is attacked - news

The draft corruption bill before the UK parliament will not allow Britain to meet its commitments under the Organization for Economic Co-operation and Development Convention on...

Australia will get first official CSR standard - news

Australia is to become the first country to have a CSR standard administered by an official standards body. The draft Australian Standard on Corporate Social Responsibility...

parliament set for CSR hearing - news

A European Parliament hearing on corporate social responsibility has been scheduled for 12 June. The hearing, organized by Labour MEP Richard Howitt, is likely to focus...

Turks set up ethics centre for companies - news

A business ethics centre has been launched in Turkey to help companies draw up codes of conduct and corporate social responsibility programmes. The Turkish Ethical...

business principles to bolster anti-bribery drive - news

Companies should draw up and implement a programme to combat bribery and then publicly report on their efforts to fulfil it, according to a new set of international business...

business hit by bribe payers - news

Four out of ten companies believe they have lost business in the last five years because a competitor paid a bribe. A survey of 250 international companies based in Germany,...

ISO standard on CSR ‘feasible’ - news

A worldwide standard on corporate social responsibility, administered by the International Organization for Standardization, is ‘both desirable and feasible’, an ISO...

Bush aide urges firms to take up CSR - news

The Bush administration has made its first significant comments about corporate social responsibility in the wake of the business conduct and accounting scandals in the US...

top bribe payers exposed - news

Companies in the construction and arms industries are considered to have the greatest propensity to pay bribes, according to an index produced by a leading international body...

BP toughens stance on ‘facilitation payments’ - news

Employees of a multinational oil company are to receive training on a new policy that forbids them to pay bribes to ease business deals. BP, which operates in 100...

inbrief - news

Too many European companies have an ‘inadequate’ approach towards tackling bribery and corruption, according to a study by the UK fund manager Friends Ivory &...

financial institutions warn against Burma links - news

Eight institutional investors have issued a joint statement expressing their ‘grave concerns’ about foreign companies working in Burma. The statement’s signatories –...

corporate responsibility brought down to earth - news

The underlying principles of CSR are simple enough, so why is the language used to describe it so complex, asks Gerry Hagelberg Spin and hype deservedly evoke negative...

UK law makes corporate bribery illegal - news

UK companies that offer bribes to foreign officials when bidding for overseas business face prosecution under legislation brought forward last month in the Anti-Terrorism,...

FTSE4Good will drop exclusion policy - news

Tobacco manufacturers, arms makers and nuclear power companies will eventually be allowed to qualify for inclusion in the FTSE4Good indices. Six of the eight socially...

inbrief - news

A two-day conference on business and corruption takes place at Chatham House in London on 6-7 June. Organized by the Royal Institute of International Affairs,...

business ethics course is aimed at UK schoolchildren - news

An educational charity has launched the first business ethics course for UK schoolchildren in an attempt to inculcate socially responsible attitudes into the next generation...

drug companies extend help on Aids - news

Two of the world’s largest pharmaceutical companies have announced measures to provide cheaper Aids drugs to the developing world, prior to an important court case on drug...

Polish companies take firm line on corruption - news

More than 20 companies have signed up to a new initiative that will fight business corruption in Poland. The Manus Puris association, which was officially launched in...

Heineken to gather ethics into one policy - news

Heineken is to pull together its internal ethical policies into one document that will be made available to the public. The Netherlands-based brewer has asked its ethics...

purchasers get ethics guidance - news

A policy on ethical business practices has been issued to the 27,000 worldwide members of the Chartered Institute of Purchasing and Supply. The institute, whose...

thinking locally can reduce human rights risks in China - news

Companies have been told they can reduce the ethical risks of using suppliers in China by making sure they are locally-owned, employ at least some local workers and are in...

how a state of readiness can stave off corruption - news

Careful planning can avoid the difficulties that accompany bribery requests – as can an understanding of local cultures, says John Bray Corporate codes forbidding the...

Credit Suisse downgraded over Nigeria involvement - news

Credit Suisse Group has said it is ‘astonished’ at a decision by the Dow Jones Sustainability Group Index (DJSGI) to reduce its rating because of concerns about past dealings...

editorial: international institutions have woken up to the challenge of CSR - news

The corporate social responsibility debate took an important step forward this summer. Large international institutions, which have so far paid little attention to the issues, began...

Commonwealth business forum looks at CSR - news

Sessions on social accountability, transparency and corporate governance will take place at this month’s Commonwealth Business Forum. The event in London runs from 18-20 September...

inbrief - news

Government ministers from countries in the organization for Economic Co-operation and Development (OECD) were expected to approve new social responsibility guidelines for...

businesses 'can help to end conflict' - news

Large companies operating in countries where wars are taking place can – and should – make every effort to foster peace, a forthcoming report will claim....

OECD prepares guidelines on social responsibility - news

New guidelines on the conduct of multinationals have been drawn up by the organization for Economic Co-operation and Development (OECD). The draft guidelines have been extensively...

follow-up planned for company behaviour poll - news

The largest ever international survey of public opinion on company behaviour is to be followed up with another worldwide study later this year. The Millennium Poll on corporate...

Nigeria tops bribery list - news

Nigeria is the most bribery-prone country in the world, according to a new study by Transparency International. The Berlin-based agency’s corruption index puts Nigeria at the head...

Foreign Office guide will stick to the ethical basics - news

The man responsible for drawing up a new Foreign Office manual to help companies invest ethically overseas has said the guide will take a tough stance on child labour, the...

Anti-Corruption & Civil Rights Commission - companies

Corruption Eradication Commission - companies

GoodCorporation Ltd - directory

GoodCorporation is recognised worldwide as one of the leading organisations working in the field of corporate responsibility and business ethics.  With unparalleled expertise in checking...

Performance and commitment: the two facets of value creation for Orange - reports

On the occasion of the publication of its integrated annual report, Orange looks back at the achievements of 2016, a year that saw a return to growth, and describes its “Human...

Doing Better Together: EDC releases its Corporate Social Responsibility Annual Report for 2016 - reports

Export Development Canada  is Canada’s export credit agency. Their job is to support and develop Canada’s export trade by helping Canadian companies respond to international...

Marshalls plc: 8th Annual UNGC Communication on Progress Report - reports

Marshalls knows that sustainability counts and that it can be levered for competitive advantage by those organisations which are innovative, fully engaged, trustworthy and there for the long...

Cigna Releases Fourth Annual Cigna Connects Corporate Responsibility Report - reports

With the release today of its 2016 Cigna Connects Corporate Responsibility Report, global health service leader Cigna (NYSE:CI) shares the specific initiatives through which the company applies...

Just issued: Saipem Sustainability 2016 - Creating long-term shared value - reports

Saipem’s 11th Sustainability Report highlights the company’s constant effort to create value while detailing its efforts to go beyond expectations and, in particular, its...

G4S Publishes 2016 CSR Report - reports

G4S, the world’s leading global integrated security company, has published its corporate social responsibility report for 2016.

Kimberly-Clark Corporation Unveils New Sustainability Strategy and Goals - reports

Kimberly-Clark Corporation recently published its annual report on sustainability, providing a comprehensive update on the company's efforts and introducing new sustainability priorities...

Marshalls plc: 7th Annual UNGC Communications on Progress Report - reports

Marshalls is the UK’s leading hard landscaping manufacturer supplying superior natural stone and innovative concrete products to the construction, home improvement and...

Cigna Releases Third Annual Corporate Responsibility Report - reports

With the release today of its 2015 Cigna Connects Corporate Responsibility (CR) Report, global health service company Cigna (NYSE:CI) offers an up-close look at the company’s...

CapitaLand Limited Publishes Integrated Global Sustainability Report 2015 - reports

CapitaLand reaffirms its commitment to sustainability with the publication of its seventh Global Sustainability Report. CapitaLand’s sustainability strategy is encapsulated in its...

1st Global Sustainability Report Details Progress of Ambitious Corporate Initiative - reports

C&A announces the publication of its first Global Sustainability Report. The launch of the Report details C&A’s 2015 progress toward the 2020 goals, launched last year. The 2020...

Tetra Pak Launches 2015 Sustainability Update - reports

Tetra Pak has launched its 2015 sustainability report, which highlights the company’s achievements in environmental performance, social responsibility and good governance over the past...

How is Gas Natural Fenosa addressing its commitments to stakeholders? - reports

Gas Natural Fenosa’s 2014 results, and the progress it has made in integrating its environmental, social and financial performances, are published today in its Corporate Responsibility...

G4S publishes 2014 CSR Report - reports

G S is the world’s leading global integrated security company, with operations across six continents and more than 623,000 employees.

Nestlé publishes its Creating Shared Value report 2014 - reports

With sales of CHF 91bn in 2014, Nestlé is the world's leading nutrition, health and wellness company. Headquartered in Switzerland, the company employs more than 339,000 people, and...

The Maersk Group publishes its Sustainability Report 2014 - reports

Having launched a new sustainability strategy in 2014, Maersk continues to address sustainability challenges in a way that creates value for society and for its business.

NEW SUSTAINABILITY RESEARCH: Collaboration and Board Engagement Critical to Sustainability Success - reports

90% of Executives See Collaboration as Critical for Sustainability Success; 86% Feel Boards of Directors Must Play a Strong Role in Sustainability Governance

Sowing the Seeds for Sustainable Global Supply Chains - reports

The Business Social Compliance Initiative (BSCI), the leading business-driven initiative supporting companies committed to improve working conditions in their global supply chains, is pleased to...

BSCI Annual Conference 2014 Sowing the Seeds for Sustainable Global Supply Chains - reports

The Business Social Compliance Initiative (BSCI), the leading business-driven initiative supporting companies committed to improve working conditions in their global supply chains, is pleased to...

BHP Billiton 2014 Sustainability Report Published - reports

BHP Billiton, a leading diversified resources company, has published its 2014 Sustainability Report – Value through performance.

Alcatel-Lucent affirms its commitment to responsible business innovation - reports

With the publication of its 2013 Sustainability performance, Alcatel-Lucent affirms its commitment to sustainability and responsible business innovation in making communications more...

Gas Natural Fenosa publishes first Annual Integrated Report and 12th Corporate Responsibility Report - reports

For the first time, Gas Natural Fenosa has published an Annual Integrated Report as well as its 2013 Corporate Responsibility Report.

Deutsche Telekom publishes its 2013 CR Report - reports

Deutsche Telekom publishes its Corporate Responsibility report for the twelfth time. With the title "We take responsibility," it provides information on the Group's challenges and...

Ericsson launches its Sustainability and Corporate Responsibility report 2013 - reports

Ericsson is the driving force behind the Networked Society - a world leader in communications technology and services. Ericsson’s long-term relationships with every major telecom operator...

A.P. Moller - Maersk publishes its Sustainability Report 2013 - reports

A.P. Moller - Maersk publishes its Sustainability Report 2013  “We have come a long way integrating sustainability into business processes, setting minimum standards and...

Thales's 2012 Corporate Responsibility Performance. A Year of Progress and Recognition - reports

Driven by a common vision of our business and its role in society, and by a strong commitment to ethical conduct, each Thales employee has been contributing directly to the long-term performance...

City Developments Limited's 2013 Sustainability Report - reports

“We aspire to be a responsible global corporate citizen. We believe that sustainability is integral to business excellence and challenge ourselves to conduct best practices and conserve...

Sowing the Seeds for Sustainable Global Supply Chains - calendar

The Business Social Compliance Initiative (BSCI), the leading business-driven initiative supporting companies committed to improve working conditions in their global supply chains, is pleased to...

GRI's Global Conference on Sustainability and Reporting - calendar

Growth and prosperity depend on our ability to meet today’s most pressing sustainability challenges. Climate change, resource scarcity, financial corruption, human rights abuses: these...

Thales 2011 Corporate Responsibility Report has just been published - reports

This yearly report addresses the 10 Global Compact Principles of Responsibility with a focus on 6 of Group’s CR priorities.

Society of Corporate Compliance & Ethics Basic Compliance & Ethics Academy - calendar

This is a three-and-a-half-day intensive training program designed for participants with a general knowledge of compliance concepts and anyone working in a compliance function. Participants may...

Society of Corporate Compliance & Ethics Basic Compliance & Ethics Academy - calendar

This is a three-and-a-half-day intensive training program designed for participants with a general knowledge of compliance concepts and anyone working in a compliance function. Participants may...

Nestle's 2011 Creating Shared Value Report receives GRI A+ rating - reports

Nestle believes that for a business to be successful over the long-term it must create value for society alongside value for shareholders. The company calls this Creating Shared Value. Through...

TELUS releases its 2010 CSR Report - reports

TELUS’ 2010 CSR Report provides transparent, balanced and comprehensive disclosure of their combined economic, social and environmental triple-bottom-line performance.

Wolseley plc publishes 2011 CR Report - reports

Wolseley has published its Corporate Responsibility Report 2011. Wolseley, a FTSE 100 company, is the world's largest specialist trade distributor of plumbing, heating and building products.

IBE Masterclass 1: Globalising Your Ethics & Compliance Programme - calendar

This course addresses some of the most challenging questions that organisations face when developing, revising or maintaining a global programme. This course gives participants an understanding...

The Necessary Transition 2012 - calendar

This international conference will discuss the many transitions taking place: from high to low carbon economies, from inequality to egalitarianism, from human rights abuses to socially just...

Society of Corporate Compliance & Ethics Basic Compliance & Ethics Academy - calendar

This is a three-and-a-half-day intensive training program designed for participants with a general knowledge of compliance concepts and anyone working in a compliance function. Participants may...

Society of Corporate Compliance & Ethics Basic Compliance & Ethics Academy - calendar

This is a three-and-a-half-day intensive training program designed for participants with a general knowledge of compliance concepts and anyone working in a compliance function. Participants may...

G4S publishes third Corporate Social Responsibility report - reports

G4S – the world’s leading international security solutions provider – has published its third Corporate Social Responsibility Report. This year G4S highlight the progress made across all areas of...

Ericsson releases annual Sustainability and CR report - reports

Ericsson's annual Sustainability and Corporate Responsibility report titled "Technology for Good", released today, highlights the company's ongoing efforts to apply innovation to market based...

10th EABIS Colloquium - calendar

A new era of development: the changing role & responsibilities of business in developing countries What is the business perspective on development? How to adapt business strategy for and to...

The Linde Group Publishes 2010 CR Report - reports

The Linde Group has published its fifth Corporate Responsibility Report online

Linde AG Publishes 2009 CR Report - reports

The Linde Group has published its latest Corporate Responsibility Report.

The 2nd annual European anti-corruption summit - calendar

This conference will cover everything you need to know to develop and manage an integrated and global anti-corruption, ethics and compliance programme. Practical solutions including the latest...

Central and Eastern Europe corporate responsibility summit - calendar

Designed to show you how to manage corporate responsibility issues across the region and beyond, this two-day business conference features senior executives from Shell, Nestle, Microsoft, RWE...

The 3rd annual ethical supply chain summit - calendar

Working toward an ethical – and sustainable - supply chain that makes good business sense The Ethical Supply Chain Summit 2008 is the largest in a long line of ethical procurement and sourcing...

Globalising Your Ethics & Compliance Programme - calendar

The International Business Ethics Institute (IBEI) and Institute of Business Ethics (IBE) are pleased to offer a one-day seminar to assist companies in globalising their ethics and compliance...

The Anti-corruption Summit USA - calendar

How to effectively manage compliance and ethics, globally At this conference you will gain cutting edge knowledge and information on: How to manage risk: find out about new emerging risks...

Alcan's 2006 Sustainability Report - reports

Alcan's 2006 Sustainability Report provides discussion and examples of the tangible value of its company-wide commitment to sustainability.

European Business Ethics Forum - calendar

The European Business Ethics Forum is now in its fifth year, and this year will be held in London from 16th - 18th January 2008. It is an invaluable opportunity to network with a broad European...

Anti-corruption Summit - calendar

Announcing Ethical Corporation’s 2007 Anti-corruption Summit, the most detailed, comprehensive event of its kind. Many recent corruption scandals involving the likes of Siemens, Faurecia...

The 2007 Business Ethics and Compliance Conference II - calendar

Creating (and measuring) a culture of integrity We are focusing on the issues that ethics officers, corporate counsel, business compliance and audit executives are facing today. This...

The 2007 Business Ethics and Compliance Conference I - calendar

Creating (and measuring) a culture of integrity We are focusing on the issues that ethics officers, corporate counsel, business compliance and audit executives are facing today. This...

The European identity in business and social ethics - calendar

Celebrating both its own 20th anniversary as well as the one from the European Business Ethics Network the Centre for Economics and Ethics is pleased to host the 2007 Annual EBEN Conference in...

Corporate responsibility and democracy - calendar

Join the list of elite delegates attending the first ever event to take a detailed look at the governance challenges posed by corporate responsibility in the round. The programme will...

Cracking the secret to an effective code of conduct - bestpractice

Chicago-based Jones Lang LaSalle, the leading financial and professional services firm specialising in real estate, operates in 80 countries across the Americas, Europe, the Middle East , Africa...

Corporate Governance in East Asia: culture, psychology, economics and law conference - calendar

Boalt Hall School of Law, University of California, Berkeley Is there something “different” about East Asian culture and psychology that means that any attempt to reform corporate governance...

Thinking Big - bestpractice

Enel is huge. And growing. It wasn’t always the case. Italy’s largest electricity company used to be 100 per cent focused on its domestic market. What changed? One word: liberalisation. The...

staying ahead of the game - bestpractice

It’s not immediately apparent what the world of electricity cables and gas pipes has to do with human rights. Yet National Grid, one of the UK’s largest gas and electricity utilities, has invested...

CSR on the big screen - bestpractice

Academics at Nottingham University Business School have come up with an engaging and entertaining way to introduce business ethics topics both to their students and to the general public...

The Corruption of Capitalism - books

The global economy is in crisis. The financial system has failed, international trade has contracted sharply and unemployment has soared. Only a multi-trillion dollar government intervention is...

PROMOTING HUMAN RIGHTS - bestpractice

When a democratically-elected Venezuelan government began to encourage the country’s judges to take more account of human rights issues, Statoil supported...

The A to Z of Corporate Social Responsibility - books

With over 100 expert contributors writing over 400 entries, this book provides a jargon-busting, easy-to-use guide to the plethora of CSR concepts, codes and organisations, including core terms...

Membership
Sign up for Free e-news
Report Alerts
Job Vacancies
eNews
Events Updates
Best Practice Newsletter