BUSINESSES SHOULD WORK AGAINST CORRUPTION IN ALL ITS FORMS, INCLUDING EXTORTION AND BRIBERY. 

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What can companies do?

The UN Global Compact suggests that participants consider the following three elements when fighting corruption and implementing the 10th principle:

• Internal: As a first and basic step, introduce anti-corruption policies and programmes within their organizations and their business operations;
• External: Report on the work against corruption in the annual Communication on Progress; and share experiences and best practices through the submission of examples and case stories;
• Collective Action: Join forces with industry peers and with other stakeholders to scale up anti-corruption efforts, level the playing field and create fair competition for all. Companies can use the Anti-Corruption Collective Action Hub to create a company profile, propose projects, find partners and on-going projects as well as resources on anti-corruption collective action;
• Sign the “Anti-corruption Call to Action”, which is a call from Business to Governments to address corruption and foster effective governance for a sustainable and inclusive global economy. Your company’s participation in this Call to Action underscores your continued efforts to integrate anti-corruption into your strategies and operations. Learn more about the Call to Action and how to sign.

(Source: Principle 10)