Bribery in international business

Private Sector Anti-Corruption Initiatives


Private Sector Anti-Corruption Initiatives

The Business and Industry Advisory Committee to the OECD (BIAC) is officially recognized as representing business and industry views in the OECD consultation process. The BIAC is a contact point between business and government, involving a network of the principal industrial and employer's federations in OECD countries, as well as co-ordination with regional, issue-specific and other business associations. BIAC strongly supports the OECD's efforts toward full implementation of the Convention on Combating Bribery through promotional activities, and has sought to develop a role for the private sector in the monitoring procedure, based on the belief that the private sector is motivated, experienced and able to make a valuable contribution. The BIAC recommends both international and domestic measures to assist companies that are solicited for bribes.

Business for Social Responsibility (BSR) is a US-based global resource for companies seeking to sustain their commercial success in ways that respect people, communities, ethic values and the environment. BSR's services include the Global Business Responsibility Resource Center that features a growing collection of topic overviews regarding corporate social responsibility. The Center provides basic information on national and international standards established by public-interest organizations and business groups and on steps that companies can take to implement responsible business practices, in particular in the area of the fight against corruption and bribery. Furthermore it features links to helping resources and examples that show how leadership companies have responded to the imperatives of combating corruption and bribery. By these means, BSR aims at helping individual companies benchmark their global programs to combat bribery and corruption and develop and enhance their ethical policies and practices.

The Centre for Innovation in Corporate Responsibility's mission is to lead and assist Canadian businesses in redefining and realizing responsible international business practice. It aims to work in partnership with Canadian businesses working in or with developing countries to enhance business performance through sound corporate citizenship and responsible international business practices focused on sustainable human development.

The International Chamber of Commerce (ICC) has been participating in the national and international efforts to curb corruption for several years. In 1996 the ICC issued revised Rules of Conduct to Combat Extortion and Bribery in International Business Transactions. To promote the rules -which are not binding on ICC members, but companies may endorse them voluntarily, the ICC has set up a standing committee on extortion and bribery and several sub-committees dealing with issues of interest to the private sector such as private to private bribery. The OECD and other international organizations (European Commission and Council of Europe) participate in the work of the Committee. For more information, visit the website of the ICC Standing Committee on Extortion and Bribery.


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