Only one quarter of UN Global Compact business participants conduct anti-corruption risk assessments, according to the latest Global Corporate Sustainability Report 2013, and there are substantial differences in implementation levels among large and small companies.

A new Guide for Anti-Corruption Risk Assessment, geared to help companies of all sizes, will help to fill this gap. Developed by the Global Compact Working Group on the 10th Principle and its nine-member Anti-Corruption Risk Assessment Task Force, the Guide provides six-step guidance on risk assessment: how to establish the process; identify the risks; rate the risks; identify mitigating controls; calculate residual risk; and develop an action plan. Nineteen appendices provide source materials and work sheets.

Tragic incidences, such as the factory building collapse in Bangladesh earlier this year, has made it clear that there is a long way to go until companies everywhere put principles into practice, not just at headquarters but throughout the supply chain. Stand Together Against Corruption provides concise and practical guidance to companies on managing anti-corruption in the supply chain. A Global Compact publication developed by the Anti-Corruption Task Force of the Advisory Group on Supply Chain Sustainability, the guide outlines the business case for fighting corruption in the supply chain and describes the main elements of an efficient programme for prevention. The guide also offers examples of corporate practices, and useful resources on the topic. 

These resources will be highlighted at the upcoming UN Global Compact Leaders Summit, to take place on 19-20 September in New York.