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Over The World and Meet The World's Biggest Challenges

The Integrity Initiative was organized in 2010 by the Makati Business Club and EU Chamber of Commerce of the Philippines to strengthen ethical standards in business and diminish corruption. It aims to promote integrity across various sectors through discussions and the development of compliance guidelines. The initiative seeks to create a fair and competitive environment to improve the economy and reduce poverty in the Philippines.

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53 views

Over The World and Meet The World's Biggest Challenges

The Integrity Initiative was organized in 2010 by the Makati Business Club and EU Chamber of Commerce of the Philippines to strengthen ethical standards in business and diminish corruption. It aims to promote integrity across various sectors through discussions and the development of compliance guidelines. The initiative seeks to create a fair and competitive environment to improve the economy and reduce poverty in the Philippines.

Uploaded by

Mark Lawrence Yusi
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as DOCX, PDF, TXT or read online on Scribd
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Integrity Initiative Campaign- 2010 ( private sector), Aim to Strengthen Ethical standards of business

The II WAS ORGANIZED

Makati Business club (MBC)

EU Chamber of Commerece of ph (ECCP) – II secretariat

II- Multisectoral camp seeks to Institutionalize Integ standards in Business, Govt, Judiciary, Academe,
Youth, Civil soc, Church & Media.

-Led by PrivSec. The II Aims to help diminish or eradicating the vicious cycle of corruption in the
Philippines. Which has not only exacerbated poverty but also obstructed the development of a
competitive business env that op on a level Playing field

The Integrity Initiative was organized after the Philippines received a grant from Siemens
(Siemens purpose  is to serve society by providing innovations that improve quality of life for people all
over the world and meet the world's biggest challenges.) The II aims to strengthen the ethical
standards in business with Makati Business club and EU Chamber of Commerce in the PH as its
secretariat of its campaign.

The main purpose of its II campaign is to lessen the cruelty of corruptions in the Philippines
which has not only worsened the poverty but also obstructed the development of a competitive
business environment that operates on a level playing field.

The II aims to build trust in the government, it also aims to build more equitable society and
have a fair market conditions which results to improve competitiveness, increase in business
confidence, and domestic and foreign investment that will escalate employment in the Philippines –
which is evident with more vibrant and dynamic economy, which could certainly eradicate poverty.

The Philippines will become a benchmark in the Transformation process of any country
regarded as highly corrupt to one that fosters an ethical and progressive business environment

To achieve this goal. Consultations, round table discussions and public forums. Involving
business leader compliance officers, corporate governance experts, academe and practitioners from
small and medium enterprise to fortune 500 companies.

An “Integrity Compliance Handbook” was made by Integrity Initiative containing the key
documents and toolkits for the use of organizations to promote ethical business practices.

Since 2010, MBC and ECCP have been joined by various organizations and industry associations in taking
an active role in promoting honesty and transparency in Philippine business. As of 2018, a number of the
organization and industry association have been taking active participation in this movement.
With the active part of these organization is hope that the problem of massive graft and corruption in
the Philippines will be minimized more so eliminated

----APPENDIX G ( PARTIAL LIST OF ORG IN THE II)

Now, let’s proceed with the CORPORATE VALUES

-The corporate values are the standard ethical guidelines that aims to preserve the Reputation and
Value of the Corporation.

The increasing scrutiny by regulators, Lobbyists, NGOs, consumer groups and the media have
the potential to affect a business firm, market perception and its value.

It is therefore important that the org values and its code of conduct address the legal and other
obligation owed to important stakeholders, including for example trade practices laws, privacy laws,
Employment laws, Occupational Health and Safety, and Equal opportunity in the Workplace.

Managing, Protecting and enhancing the reputation of a business has become one of the greatest
challenges faced by today’s businesses. The reputation of a business is a critical factor in the
determination of its value because it will transcend or descend the performance of a business

That is why the values and ethics of the organization needs to be explicitly managed.

The need for a code of conduct

-A Code of conduct is a formal expression of the Organization’s value and ethics.

A code of conduct should:

 Guide directors and Sr. Executives as a minimum, as to the practices necessary to


maintain confidence in the org’s integrity
 Other Members or staffs should also have a COC relevant to their workplace
environment which may be the same as for the Dir and Sr.Exe or may be a
complimentary version.
 Promote responsibility and accountability of individuals for reporting and
investigating reports of unethical practices and;
 Insure compliance with legal and other obligations to legitimate stakeholders

An Organizations’ COC should:

-Recognize the important role that Business ethics Play in the success of today’s business.

-Encouraging the board to actively develop an organizational culture that is established on


transparency, accountability and integrity.
UNIFIED CODE OF CONDUCT FOR BUSINESS

-One of II’s significant accomplishment

-First, It harmonizes existing ethical standards among business operating in the PH. It
ensures that the diff market players adhere to the same rules of the game in order to create fair market
conditions and promote transparency in doing business.

-Second, The code formally communicates the signatiories commitment to upholding


high standars of ethics in all business transactions. It articulates the belief that securing profit at the
expense of integrity is unacceptable and unsustainable way of conducting business. And that measures
have been taken to enforce and cultivate integrity habits within the signatories respective organizations

TOP MANAGEMENT

-The top management shows a leading example by consistently demonstrating the value
of conducting business with integrity.

-The officers strongly communicate the org’s position against Bribery, corruption and
unethical Bus pract within the company and the broader public; the top management Comply with all
the requirements of govt regulatory bodies; and prohibit cover-ups and falsified reports that conceals
improper transactions.

-The Top management should strongly support integrity practices and allocates
sufficient resources for their implementation

HUMAN RESOURCES

- HR aims to instill culture of integrity among its employees. It also


maintains open lines of communication with employees, particularly on
matters relating to honesty, transparency and integrity in business
transactions.
- When it comes to fairness and due process, all employees have the right
to file and respond to complaints against practices suspected to be
illegal or unethical.
- HR have the appropriate tools to confidentially receive, monitor, and
act on internal and external complaints.
- Employees filing complaints will be protected from all types of
retaliation, while those involved in unethical practices will be subject to
commensurate disciplinary actions.
- HR have instituted training programs on business ethics covering all
levels of the org.

SALES AND MARKETING


 Sales and Marketing clearly communicate rules and guidelines on giving gifts,
entertainment, tokens of hospitality, and contributions to/from public and private org
and their representatives.
 Employees and all third parties engaged by their company to act as their intermediaries,
agents or reps are not permitted to offer, promise, or give, as well as demand or accept
concessions - directly or indirectly – in order to obtain, retain, or secure any undue
advantage in the conduct of business.
 SnM abide by existing laws when transacting with govt agencies (as stipulated under RA
6713 – Code of Conduct and Ethical Standards for Public Officials and Employees and RA
3019 – Anti-Graft and Corrupt practices Act).

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