The project aims to operate a Center of Excellence in order to strengthen transparency and ethics in business in India.
The Indian business community practices a multitude of anticorruption initiatives in silos. The Center would encourage a shared focus among the business stakeholders in India and provide a platform for greater coordination, thereby increasing the reach and impact of business initiatives.
Essentially, the Center aims to:
- Develop pragmatic approaches around UNGC Principle 10 to challenging business decisions
- Provide enabling platform to businesses, policy makers, civil society, industry associations, UN agencies and academia
- Improve organizational decision making through a stakeholder management framework that integrates transparency and integrity
The Center of Excellence for Business and Transparency will be developed on a collaborative model and develop new approaches and techniques, by engaging a diverse range of stakeholders, focusing on both the supply and the demand side of corruption.
Description of Integrity Partner
Global Compact Network India is the Local Network of United Nations Global Compact (UNGC) operating in India.
The UNGC is a global policy and engagement platform for businesses that are committed to aligning their operations and strategies with the “ten universally accepted principles” in the areas of human rights, labor, environment and anti-corruption.
At present, the Local Network in India ranks among the top three out of the 102 UNGC Local Networks in the world, and has emerged as the largest corporate citizenship and social responsibility organization in the country with a pan-Indian membership.
Comprising 182 member organizations and 338 signatories, including some of the most prominent industries in the country, GCN India provides a forum to support the “ten principles” of the UNGC and promote these among its various members in India. It also aims to build strong interconnected networks to foster sustainable and positive corporate citizenship within its own milieu.
This project is supported by Siemens as part of the Siemens Integrity Initiative.
Source: Project profile provided by the Integrity Partner as at date of funding agreement. For updates kindly refer to the latest Siemens Integrity Initiative Annual Report.