Anti-Corruption

Corruption exists in various forms in almost all companies, industries and countries. Increased business and transaction costs, distorted competition and reduced economic growth are just some of the consequences. Through compliance and adherence to the rules, companies can act against fraud, bribery, extortion and other forms of corruption.

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As value chains become more complex and diverse, and we see a range of challenges being integrated including the connections between human rights, labour issues, environment and corruption, businesses need to understand the risks and drivers of corruption — and how to address them within their organizations.

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The Tenth Principle of the UN Global Compact therefore calls on companies to take a stand against all forms of corruption. Against the backdrop of increasingly demanding anti-corruption regulations in countries around the world, corruption also increasingly represents a legal and reputational risk for companies. Investors are also paying more attention to corruption as a potential risk that destabilises internal company structures and increases transaction costs.​

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The UN Global Compact and its partners therefore offer resources and platform for exchange and dialogue at national and global level to support companies in preventing corruption.