Report "Countering corruption and fraud"

We are a content partner of the "Countering corruption and fraud. System-based protection of whistleblowers" report prepared by Global Compact Network Poland and Partners of the "Ethics Standard in Poland" Program. The report describes the challenges of corruption and the protection of whistleblowers, and outlines corruption phenomena from a national and international perspective.

While obviously necessary, the existing controls fall short of ensuring ethical business practices. So far, neither harsher laws and regulations nor expanding compliance programs have made a breakthrough. Fight against corruption calls for greater adaptability and innovation.

Corruption adds up to 10% to the cost of doing business and up to 25% to the cost of procurement contracts in developing countries. What is more, corruption scandals, including bribery, financial fraud, rate and test rigging, can prove catastrophic to companies.