In conversation with… Catherine Harris from Transparency International UK’s Business Integrity Programme and Maggie Mckie, Manager at PwC
Read our latest guest blog.
03 July 2020
Some may view bribery and corruption as financial crimes, with no apparent victims. But corruption means that public money may be diverted from helping the most vulnerable in society, power is abused and infrastructure suffers.
Business relationships rely on trust. Bribery and corruption abuses that trust, and goods and services are not procured in a clear, ethical or transparent way. For this reason, an organisation or its employees should never accept or pay bribes, including facilitation payments.
However, while organisations need to comply with relevant legislation on bribery and corruption in the countries in which they operate, because there are varying standards of regulations throughout the world, this becomes a regulatory grey area. Organisations need to be aware that the UK Bribery Act 2010, and the US Foreign Corrupt Practices Act 1977 are both extraterritorial in their application.
In some countries, corruption can be so endemic as to be 'socially acceptable', for example, with requests from officials for 'facilitation payments' in order to get things done. A facilitation payment is a small sum of money paid to secure or expedite the performance of a routine or necessary action to which the payer has legal or other entitlement.
Read our latest guest blog.
03 July 2020
Read the IBE's summary of the latest surveys on business ethics.
20 May 2020
This report is the ninth in the triennial series looking at corporate ethics policies and programmes. It is the IBE’s longest-running survey series, and continues to give valuable insights into how companies run their ethics programmes.
01 April 2020
The new edition of the IBE report on ethics policies and programmes in large listed companies will be published on 01 April 2020. In preparation for the launch, we shared a preview of the results with some of our supporters and colleagues, asking them to comment on how these results relate to their practical experience in the field of applied business ethics.
25 March 2020
This briefing provides an overview of the ethical concerns and lapses that were recorded by the IBE in its monitoring of media coverage in 2019. It gives an overview of which sectors and issues related to business ethics were most covered in the news. For 2019, we have recorded a total of 361 different stories involving lapses of companies with a UK presence.
29 January 2020
This bibliography of resources aims to provide professionals in the legal, accounting and property sectors with a repository of knowledge and guidance to help them stay up to date with the latest work that has already been completed on these topics, in order to ensure that the highest possible ethical standards are maintained.
15 January 2020
The IBE Speak Up Toolkit helps employees prepare for raising a concern at work. It answers questions about the entire process – from noticing a problem and having a conversation through to what to expect if you call a Speak Up helpline or if your concern is investigated. Use the toolkit for free, or find out about bespoke customisation for your organisation
01 July 2019
Read the IBE's annual analysis of business ethics news stories from the last year - which were the sectors and issues most in the news in 2018?
30 January 2019
From responding to a bribe, to making a facilitation payment, are you confident your employees know what to do? The IBE Say No Toolkit provides in-the-moment support to your employees when they need it most.
21 January 2014
This briefing considers some of the ethical issues around the giving and accepting of corporate gifts and hospitality and outlines good practice.
10 November 2012
This briefing provides a useful overview of standards and guidelines which have been drawn up to combat bribery and corruption in business, including their implementation requirements.
10 October 2012