UN Global Compact Leaders Summit 2018

Corruption is a major obstacle to economic and social development around the world. It adversely affects sustainable development, especially poor communities.

For businesses, corruption can hamper business growth, increase costs, and can cause serious legal and reputational risks. It also increases transaction costs, impairs fair competition, hinders long-term domestic and domestic investment, and distorts development priorities. Investors also understand that corruption adversely affects value and brings financial, operational and reputational risks to investments.

New and stricter anti-fraud regulations are constantly emerging all over the world. Every company needs strong anti-corruption measures and practices to protect reputation and the interests of stakeholders.

Through our partners, we are working hard to help the company solve a series of anti-corruption issues. These include risk assessment, reporting, and supply chain practices. In addition, we are mobilizing our business to provide unified voice for corruption. Since companies can not solve this problem alone, collective action is essential to solving excessively complex systematic problems.

The tenth principle of the United Nations Global Compact states that companies should combat all forms of corruption, including extortion and bribery. We urge companies to develop policies and plans to deal with various forms of corruption. In order to realize a more transparent world economy, companies are required to participate in other companies in the same industry, the government, UN agencies, and civil society.

In addition to the important roles of governments and companies, the United Nations Global Compact recognizes the important role civil society plays in combating corruption. We consider this in cooperation with the United Nations Drug Offender (UNODC), Transparency International (TI), International Chamber of Commerce (ICC), World Economic Forum Anticorruption Initiative (WEF - PACI) and the Basel Governance Institute did. We work with our partners:

Collaborate with other organizations to prevent duplication of work and increase impact through anti-corruption collective behavioral initiatives

At the United Nations Global Compact Summit on June 24, 2004, the United Nations Global Compact included the tenth anti-corruption principle. The principle is as follows. "Companies should object to all forms of corruption, including extortion and bribery." After extensive consultation, all participants received overwhelming support and sent a strong global signal that the private sector has It was. Resolve the problem of responsible corruption. It also shows that the business world has a new will to play a role in fighting corruption.

United Nations Global Compact. The United Nations Global Compact is the first voluntary code of conduct proposed by UN Secretary-General Kofi Annan at the Davos Economic Forum in 1999 24. Basically, the Secretary General warned business leaders of the need for more substantial voluntary action. Areas of human rights, labor standards and environmental practices to counter the "great pressure of various interest groups" and to include mandatory standards in these areas in the international trade system and investment treaty. Subsequently the contract was strengthened during a series of meetings held by representatives of the United Nations, businesses and workers. The operation stage started in 2000

UNHCR is seeking a broad partnership between government, humanitarian agencies and development partners as world leaders gather at the United Nations International Refugee Immigration General Assembly and the worldwide refugee crisis summit sponsored by the President of the United States of America. The private sector deals with a large gap in the quality education of all refugees. We have begun to acknowledge the seriousness of the problem. In May this year, governments, businesses and philanthropists gathered at the World Humanitarian Summit held in Turkey, gathering millions of children affected by the crisis around the world and "educating We can not "fund foundation. Educational needs