CourtHeath ConsultingCourtHeath Consulting CourtHeath ConsultingCourtHeath Consulting
  • Home
  • Services
  • Blog
  • About us
    • Our people
    • Our story
    • Panels & Clients
  • UN Global Compact
    • UNGC Statement
  • Resources
    • Our policies
    • Reconciliation Action Plan
    • Documents
    • FAQ
  • Contact us +
    • Where to find us:

      CourtHeath Consulting
      Level 30, 35 Collins Street.
      Melbourne 3000

      Contact No: 04 21 167 746 0421167746

      Email: info@courtheath.com.au

      Tram: Elizabeth Street – Stop 8.

      Contact form:







        Your Name (required)

        Your Email (required)

        Subject

        Your Message

    08 Dec

    Corruption begets more corruption: IACD19

    Courtheath's blog
    By CourtHeath Consulting

    To mark International Anti-Corruption Day, we report on the 2019 Australian Dialogue on Bribery and Corruption event, which was recently presented in Melbourne by the United Nation’s Global Compact Network Australia (GCNA).

    The event was attended by a variety of GCNA member organisations, and provided an important opportunity for Australian businesses, government regulators, and academics to explore ways to strengthen ethical business practices and reduce corruption and bribery in Australia and wherever Australian businesses operate.

    Areas of discussion included:

    • the key legal and regulatory developments following the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry
    • the ongoing Commonwealth corporate crime reforms
    • the whistleblowing reforms
    • the Australian Law Reform Commission corporate criminal responsibility review
    • ASIC's response to the Royal Commission Final Report, and
    • ASIC's Corporate Governance Taskforce Report on Corporate Governance Practices of Large Listed Entities.

    Statistics concerning the scale of corruption are alarming. United Nations’ figures indicate that every year $1 trillion is paid in bribes and an estimated $2.6 trillion is stolen annually through corruption. This equates to more than 5 per cent of global gross domestic product. According to the United Nations Development Programme in developing countries, the amount lost due to corruption is estimated at 10 times the amount of official development assistance.

    Two key themes emerged at the event:

    1. the need for transparency, accountability and integrity as part of anti-bribery and corruption (ABC) compliance
    2. the role of corporate leadership ABC compliance and corporate culture.

    The presented case studies demonstrated that while corruption is rampant in some third world countries it is not just a third world problem. It exists everywhere, including Australia. It was explained that people get socialised into a culture – and if that culture is one that tolerates or encourages bribery and corruption then it tends to filter though the organisation. For this reason it is essential that ethics are an intrinsic part of day-to-day business and not just a response when problems occur.

    In the words of the UN Secretary-General, António Guterres:

    Corruption begets more corruption, and fosters a corrosive culture of impunity. The United Nations Convention against Corruption is among our primary tools for advancing the fight.

    Speakers reiterated the need for a healthy corporate culture and ABC compliance coming from the top, with leaders setting a good example. Leaders should model and enable employee behaviours to reduce the risk of unethical conduct such as bribery and corruption.

    Recommended reading: Summary and Outcomes Document from the event

    For more information about International Anti-Corruption Day 2019, click here.

    *   *   *

    A participant in the UN Global Compact, CourtHeath seeks to raise awareness about the Sustainable Development Goals and the principles of the Global Compact with business and government organisations in Victoria.

    * * *

    IMAGE: #UnitedAgainstCorruption

    Written by Phillip Weiss and

    Dr 
    Julia Cornwell-McKean and Pauline Bernard.

    [category courtheath's blog]

    [

    InternationalAntiCorruptionDay, globalcompact, unitedagainstcorruption

    ]

    CourtHeath Consulting

    CourtHeath Consulting provides expert procurement and probity advice to government and not for profit organisations. We provide specialist consulting services about procurement issues and organisational procurement operations – as well as management of simple and complex tender processes. Our probity audit and advisory services help clients meet government probity standards especially regarding conflict of interest, confidentiality, ethical conduct and corruption risks.

    Recent Posts

    • Cultural Diversity and Dialogue
    • The UNGCNA 2024 Impact Report
    • Earth Day 2025: Our Power, Our Planet
    • Spotlight on Public Sector Integrity
    • Supplier Code of Conduct: Probity Risks

    Archives

    • May 2025
    • April 2025
    • March 2025
    • February 2025
    • January 2025
    • December 2024
    • November 2024
    • October 2024
    • September 2024
    • August 2024
    • July 2024
    • June 2024
    • May 2024
    • March 2024
    • February 2024
    • December 2023
    • November 2023
    • October 2023
    • August 2023
    • March 2023
    • February 2023
    • January 2023
    • December 2022
    • November 2022
    • August 2022
    • July 2022
    • May 2022
    • March 2022
    • February 2022
    • December 2021
    • November 2021
    • September 2021
    • August 2021
    • June 2021
    • April 2021
    • March 2021
    • February 2021
    • December 2020
    • November 2020
    • September 2020
    • August 2020
    • July 2020
    • April 2020
    • March 2020
    • January 2020
    • December 2019
    • November 2019
    • October 2019
    • June 2019
    • May 2019
    • March 2019
    • December 2018
    • November 2018
    • October 2018
    • September 2018
    • July 2018
    • June 2018
    • May 2018
    • April 2018
    • March 2018
    • February 2018
    • January 2018
    • December 2017
    • October 2017
    • September 2017
    • August 2017
    • June 2017
    • May 2017
    • April 2017
    • March 2017
    • February 2017
    • December 2016
    • November 2016
    • October 2016
    • September 2016
    • August 2016
    • July 2016
    • June 2016
    • May 2016
    • April 2016
    • March 2016
    • February 2016
    • January 2016
    • December 2015
    • Home
    • Services
    • About us
      • Our People
      • Our story
      • Panels & Clients
    CourtHeath logo
    • Blog
    • UN Global Compact
    • Resources
      • Our policies
      • Documents
      • FAQ
    Linkedin     X Social
    • CONTACT US

    CourtHeath Consulting

    Level 30, 35 Collins Street.

    Melbourne 3000

    Contact No: 0421 167 746

    Email: info@courtheath.com.au

    Tram: Spring Street - Stop no 8


    Copyright 2021 © CourtHeath Consulting · Australia. All Rights Reserved.