Recognizing corruption as one of the G20’s top priorities and acknowledging that it undermines good governance, erodes trust in institutions and hinders sustainable development, the Integrity & Compliance Cross Thematic Group (ICCTG) underscores the urgency of effectively advancing the anti-corruption agenda and expresses its readiness to work towards that end with relevant stakeholders.
Cognizant of the benefits of integrity in terms of reputation and long-term value creation, the ICCTG presents a concrete and innovative contribution to the G20 Argentina 2018 Presidency called “Commitment to Integrity and Ethical Standards” (CIES). The CIES consists of a set of common values and standards, which promotes a culture of integrity, transparency, accountability and social responsibility, consistent with existing international instruments. Leveraging on the adherence of G20 Members to several G20 High-Level Principles and international conventions related to integrity and anti-corruption, and on similar commitments by the private sector, the CIES brings together shared values and standards applicable to both sectors. In this manner, the CIES provides a common basis on which to hold the public and private sectors to account, thereby ensuring a level playing field. By committing to the CIES, businesses
Supporting the G20 Anti-Corruption Working Group action plan, building upon the gains of the B20 Germany Responsible Business Conduct and Anti-Corruption Cross-Thematic Group, and promoting the values embodied by the CIES, the ICCTG puts forward the following recommendations:
Enhance integrity and transparency in public procurement with a focus on infrastructure projects
To address the susceptibility to corruption of the public procurement process, this recommendation seeks to establish incentives for companies that adhere to high quality standards of integrity and compliance in the form of an eligibility requirement or affirmative competitive preference, ensure the participation of all stakeholders in the procurement process including maximizing the use of digitalization for this purpose, and promote collective action between the public and private sectors.
Implement high standards of ethics and integrity with a focus on State-Owned Enterprises (SOEs)
To address corruption risks of SOEs, this recommendation calls on the G20 Members to ensure that SOEs adhere to and disclose
Pursue the implementation of beneficial ownership transparency
To deter the wrongful use of legal persons and arrangements, this recommendation focuses on the full implementation of beneficial ownership action plans, the mandating of public registers of beneficial ownership information, and the development of rules for its effective and efficient data handling and exchange.
Giving due regard to actions already taken by the G20 Members, and recognizing the need to monitor advances in the implementation of previous and current G20 commitments related to integrity and anti-corruption, the ICCTG calls on the G20 leaders to entrust the task of developing and applying specific indicators for monitoring progress and measuring impact, as well as publishing results, to multilateral organizations. Notwithstanding the primary role entrusted to multilateral organizations to carry out this critically important work, business and civil society also play an important stewardship role as partners to provide expertise and catalytic funding for such independent initiatives.