Good Practices
- Develop comprehensive anti-corruption and anti-bribery policies and programs.
- Collaborate with stakeholders to promote transparency and zero-tolerance approaches.
- Communicate expectations regarding anti-bribery governance to all levels.
- Demonstrate leadership commitment to preventing corruption.
- Recognize improper advantages in business contexts.
- Establish ethics and compliance programs with internal controls.
- Train employees on relevant legal implications.
- Conduct periodic anti-corruption risk assessments.
- Document corruption incidents with resolution processes.
- Implement anonymous whistleblowing mechanisms.
- Perform third-party due diligence throughout supply chains.
- Disclose beneficial ownership and anti-corruption measures.
- Integrate anti-bribery requirements into supplier procurement and codes of conduct.
- Ensure supply chain transparency across all operations.
Relevant Standards & Frameworks
- ISO 26000 (Social Responsibility)
- ISO 37001 (Anti-bribery Management Systems)
- GRI Standards 205 (Anti-Corruption) and 206 (Anti-Competitive Behavior)
- UN Global Compact 10th Principle Against Corruption
- IFRA Code of Practice
- IOFI Code of Practice
Key Disclosure Metrics
Recommended reporting includes: operations assessed for corruption risks, personnel trained on anti-corruption policies, confirmed incidents and disciplinary actions, legal cases involving corruption, and monetary political contributions.
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Signatories to the IFRA-IOFI Sustainability Charter can contribute specific examples of how their company is implementing this commitment.
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