Strengthening trust in the business ecosystemThe global environment has shifted: heightened interconnectivity, rising inequalities, slowing productivity, environmental degradation, corruption, disruptive technological innovations, and reshaping regional-global dynamics are transforming the role of business in society. This complex environment affects expectations vis-à-vis business. Increasingly in today’s operating environment, success is measured by long-term value creation, anti-corruption, responsible business conduct in value chains and maintaining the social licence to operate have never been higher on the business agenda.
Yet, trust in business and institutions is declining. Generating trust is a key factor for establishing conditions of economic development, including the efficient allocation of capital, innovation, productivity and business relationships. The OECD Trust in Business initiative is a platform for leaders to catalyse good corporate conduct, examine market incentives for business decision-making and respond to the expectations of society in meeting current and future challenges.
The initiative promotes coordinated action to strengthen trust in the business ecosystem through:
Directed by the Trust in Business Network (TriBuNe), the Trust in Business initiative is a global multi-stakeholder community committed to strengthening trust in business, by levelling the playing field and ensuring long-term value creation.
Interested organisations and institutions are invited to join the initiative.
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Trust in Business Forum
![]() The inaugural OECD Trust in Business Forum took place in Paris on 1-2 October 2019.
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To find out more about how to participate in this initiative, please contact Isabel Cane (Isabel.CANE@oecd.org)
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Perspectives on trust in business |
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