UNGC’s 10th Principle states that “Businesses should work against all forms of corruption, including extortion and bribery”. In furtherance of this principle, UNGC launched the Anti-Corruption Collective Action Projects in five countries – Brazil, Egypt, India, Nigeria and South Africa for a period of four years (2011 -2014) – with support from Siemens Integrity Initiative. The aim of the projects were to foster a high-impact collective action platform on anti-corruption by facilitating dialogue between private and public sector and incentivize ethical behavior of businesses.
In the past four years, the India project has taken up pressing transparency issues in the Indian context viz. public procurement, bribery and fraud in the private sector and its trend in the country, ethical business conduct, supply chain sustainability and sports related hospitality. The learnings of the Collective Action Project India have been captured in its latest publication ‘Business Case for Anticorruption in India: Principles, Economics and Application of Transparency Tools’. The publication will be launched by Mr. Julio Ribeiro, former Ambassador to Romania and Governor of Punjab on Friday February 06, 2015 at The Mayfair Rooms, Worli, Mumbai.
The Book Launch and subsequent Panel Discussion mark the successful completion of United Nations Global Compact’s (UNGC) Anti-corruption Collective Action Project in India. The launch will bring together a significant number of champions from the public and private sector, civil society, government, media and academia and discuss the business case for anti-corruption and the value it holds for companies.
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