A task force of the Global Compact Working Group on Anti-Corruption developed a guidance document on Anti-Corruption Reporting. The tool provides practical guidance on a broad set of reporting elements and is rooted in existing reporting practice. It provides examples of indicators of initiatives such as PACI, FTSE4Good, Transparency International, the Global Reporting Initiative and the International Corporate Governance Network. Recognizing that companies, large and small, implement the tenth principle at different speeds, the matrix provides guidance for reporters on a basic and a desired level.
The guidance is the most succinct, practical guide currently available regarding anti-corruption reporting. The guidance equips business with a practical means to report on anti-corruption policies and actions comprehensively and effectively.
Public reporting sends a strong signal to employees, investors and consumers that a company is serious about its commitment to transparency and responsible business practices. “Making a commitment to anti-corruption is only the first step,” says Georg Kell, Executive Director of the Global Compact. “The true challenge lies in implementation as well as meaningful and transparent disclosure. This guidance—an important milestone in the fight against corruption—will provide significant assistance to companies seeking to assess and improve their performance in this area.
A field test of the Reporting Guidance on Anti-Corruption was conducted on an anonymous basis through a secure online questionnaire between June and November 2009. The primary objective was to test the usefulness and user-friendliness of the guidance. The Global Compact Office is appreciative of all organizations who participated in the field test.
Ms. Olajobi Makinwa
Head, Transparency & Anti-Corruption Initiatives
UN Global Compact
+ 1 917 367 2283