Transparency in Corporate Reporting

Transparency International

This study analyses the transparency of corporate reporting on a range of anti-corruption measures among the 105 largest publicly listed multinational companies. Together these companies are worth more than USD 11 trillion and touch the lives of people in countries across the globe, wielding enormous and far reaching power.

Key elements :

Reporting Guidance on the 10th Principle Against Corruption

United Nations Global Compact and Transparency International

The guidance is the most succinct, practical guide currently available to what anti-corruption aspects companies should report on. It equips business with a practical means to report on anti-corruption policies and actions comprehensively and effectively, as public reporting sends a strong signal to employees, investors and consumers, that a company is serious about clean business.

Key elements :

GIACC Reporting Corruption

Global Infrastructure Anti-Corruption Centre (GIACC)

GIACC is an independent not-for-profit organisation which provides resources and services for the purpose of preventing corruption in the infrastructure, construction and engineering sectors in order to assist governments, project owners, funders, contractors, consulting engineering firms and suppliers of equipment, materials and services. As part of a comprehensive set of anti-corruption tools, GIACC has developed recommendations for a reporting system which can form part of an overall anti-corruption programme.

Key elements :

  • Features of an internal corruption-reporting system
  • Reporting provisions for funders and project owners in relation to projects

Global Reporting Initiative Guidelines

Global Reporting Initiative (GRI)

The GRI framework sets out principles and indicators that organisations of all sizes can use to measure and report their economic, environmental, and social performance. Sustainability reports based on the GRI framework can be used to benchmark organisational performance with respect to laws, norms, codes, performance standards and voluntary initiatives, and to demonstrate organisational commitment to sustainable development and transparency. The 2006 G3 Guidelines are the cornerstone of the GRI Sustainability Reporting Framework. In line with the GRI vision, it is recommended they be used as the basis for all of an organisation's annual reporting.

Key elements :

  • Introduction to the overall GRI reporting framework , as well as the G3 Guidelines
  • A learning platform including publications, a reporting template, reporting examples and training
  • Global Action Network for Transparency in the Supply Chain project aims at giving large companies the opportunity to provide support to their suppliers, enabling the embedding of a transparent sustainability reporting framework throughout the supply chain