Building a Global Ethical Economy: Advancing Business Integrity and Its Leaders

Business has a pivotal role in reshaping the global economy and promoting fairness and sustainability for all. Enterprises, from global to local, the tech, retailer and consumer goods sectors are showing that when mixing good will and power, their scale of contribution can be a game changer.

Yet the road to achieve integrity in business is paved with ethical dilemmas, risks and land mines. Challenges that business leaders are increasingly learning to address. This thematic stream calls business leaders of integrity, and the movement at large, to shed light on the opportunities and obstacles to advance a sustainable, equitable, and prosperous world economy by advancing collective action for business integrity.

• From Red Flags to Green Lights: Business Integrity Solutions for Public Procurement (Ws 8.5)

  Businesses hold immense power in the fight against corruption within public procurement. This workshop delves into three pillars of Business Integrity Solutions: Collective Action, robust Anti-Corruption Compliance, and integrating ESG strategies, aligning with Transparency International’s Business Integrity Program priorities.

  Coordinated by Transparency International Secretariat (TI-S)

  Featuring Transparency International Secretariat (TI-S), Basel Institute on Governance, Center for International Private Enterprise (CIPE), Poder Ciudadano (TI - Argentina) and ODFJELL

• Future-Proofing Business: The Integrity Advantage for ESG (Ws 2.5)

  The workshop delves into the critical role integrity plays in achieving ESG goals. Anti-corruption practices go beyond the G, impacting the E and S business operations. The question is not just why integrate anti-corruption into ESG, but how? This session answers that with real-world solutions, combating misrepresentations and ensuring data integrity under a Transformational Governance lens.

  Coordinated by United Nations Global Compact

  Featuring Novartis, United Nations Global Compact, Transparency International Malaysia (TI - Malaysia) and EOH

• Securing Supply Chains: A Private Sector Discussion on Corruption and Illicit Trade (Ws 9.5)

  No sector vulnerable to illicit trade is immune from corruption’s effects. Join private sector experts for a dynamic panel discussion on the critical policies and controls needed to prevent corruption and corrupt actors from perpetuating illicit trade and compromising the integrity of the global supply chain.

  Coordinated by Transnational Alliance to Combat Illicit Trade

  Featuring Transnational Alliance to Combat Illicit Trade, Procter & Gamble, Novartis and Pernod Ricard

• Challenging Paradigms: Leading with Integrity and Gender Perspectives in Masculinized Industries (Ws 11.5)

  A conversation between panellists and a moderator will highlight the gaps in female participation in leadership positions, focusing on traditionally masculinised industries. The aim is to visualise the situation, identify actions and implement initiatives that promote gender diversity in such positions. This will be developed in collaboration with the Global Alliance for Integrity’s expert network.

  Coordinated by Alliance For Integrity

  Featuring Alliance for Integrity and Organisation for the Prohibition of Chemical Weapons (OPCW)

• De-Banking, Corruption and Shadow Economies: How to Respond (Ws 3.3)

  This session will highlight the consequences of banks retreating from high-risk jurisdictions (de-banking). Building on lessons from a multi-year OECD program, it will discuss how de-banking fuels corruption and shadow economies, enabling crime and kleptocracy while undermining financial inclusion and aid delivery. The aim is identifying solutions for donors and the private sector to de-banking.

  Coordinated by Organisation for Economic Co-operation and Development (OECD)

  Featuring Organisation for Economic Co-operation and Development (OECD), Standard Chartered, Minister of State for Entrepreneurship and Business Climate - Albania, United States Agency for International Development (USAID) and International Consortium for Investigative Journalists

• Business Integrity 2.0: Where do we go from Here? (Ws 1.5)

  Corruption is a challenge for the global economy. Its effects range from the distortion of markets to unfair competition. This workshop will explore the potential of incentives for business integrity as a driver for change. What is the right mix of sanctions and incentives to strengthen business integrity? How can global forums such as the G20 and B20 leverage the business integrity agenda?

  Coordinated by United Nations

• Harmonizing (Adaptable) Business Integrity Standards to Advance Business Integrity (Ws 3.5)

  The Workshop will launch and invite discussion on the recently (2023) issued harmonized MDB General Principles for Business Integrity Programmes, which set out guidance relating to business integrity programs, including beyond the MDB context, and which can be adapted to entities of all types and sizes and operating in various environments, including fragile-and conflict-affected situations.

  Coordinated by World Bank

• Wither Sovereign Wealth? The Nexus of Corruption and Sovereign Wealth Funds (Ws 5.5)

  Sovereign wealth funds (SWFs) have an asset value of over $7.5 trillion, but they are often established in countries like Equatorial Guinea, Saudi Arabia, and Russia, marked by corruption, oppression, and weak rule of law. This workshop will educate about SWF corruption risks and help build advocacy for stronger domestic and international checks on their abuse.

  Coordinated by Georgetown University

  Featuring C4ADS, U.S. Treasury Department, Hudson Institute and Transparency International Venezuela (TI – Venezuela)

• Corruption in Global Supply Chains: Organised Crime’s Deadly Tactic (Ws 6.5)

  This workshop will give actors working in the anti-corruption field a richer view of the harmful impact of corruption in global supply chains linked, in particular, to organised crime. Those working on the front line in high-risk areas will share specific challenges while also highlighting new measures to combat them.

  Coordinated by World Customs Organization (WCO)

  Featuring World Customs Organization (WCO) , Australia Border Force (ABF), Global Initiative Against Transnational Organized Crime (GI-TOC), Transparency International Secretariat (TI-S) and the Maritime Anti-Corruption Network (MACN)

• Incentivizing the Private Sector as a Game Changer in the Fight Against Corruption (Ws 7.5)

  USAID understands that now, more than ever, success in the fight against corruption requires a global response; one that not only strategically engages governments and civil society, but also the private sector. This workshop will explore USAID´s experience around the globe incentivizing private sector engagement to address corruption challenges in a more effective, efficient and sustainable way.

  Coordinated by United States Agency for International Development (USAID)

  Featuring United States Agency for International Development (USAID) Anti-Corruption Center, United States Agency for International Development (USAID) Colombia, Mexico, Paraguay and Indonesia

• The Face of Transnational Corruption: Cracking Down on Illicit Trade in Falsified Medicines (Ws 10.5)

  A multi sectoral debate on the technical and technological challenges related to trafficker impunity

  Coordinated by The Global Network for Anticorruption, Transparency and Accountability in Health and the United States Agency for International Development (USAID)