WHAT IS TI-KOREA’S BUSINESS INTEGRITY FORUM?
TI-Korea’s Business Integrity Forum (BIF) is a network of major national and international companies, openly committed to high anti-corruption and ethical stan-dards in business practices. Members publicly demonstrate support for the mission and values of TI. The BIF allows companies to have well-informed discussions with their peers and experts in an informal setting, as well as access to TI’s expertise, events and networks.
WHY YOU SHOULD JOIN
A growing number of companies across the world increasingly recognize that doing business with integrity is the only right way of doing business. An emerging trend is showing that companies are bolstering their principles and policies of transparency, ethics and risk management, not just for legal compliance, but also as an ethical and necessary part of good management. Consequently, companies today are approaching corporate responsibility and rigorous corruption prevention as part of their overall policy to manage their activities in a responsible way.
Transparency International has unrivalled knowledge and insight into these developments, through closely following the activities of law-makers, regulators and government officials ? as well as the practical ? on-the-ground experience gained through our 100+ chapters worldwide. This unique perspective is combined with a good understanding of the corporate sector through specialist staff and working closely with our BIF member companies. By becoming a member, you will be supporting our work and be seen to be doing so.
Essentially, participation to the BIF allows companies to:
- Enable stronger confidence, better reputation and more business
- Identify risks early and prove that measures are in place
- Routinely monitor and improve controls
- Optimize your anti-corruption compliance and training: move from awareness to adoption
- Be in the forefront of learning new regulatory developments in Korea and across the globe in the fight against corruption
- Master the key elements of a robust stakeholder, reputation and crisis management plan
- Meet and partner with key representatives of government, business, the non-profit and education sectors
MEMBERSHIP PRINCIPLES
Transparency International-Korea works in partnership with companies that wish to attain the highest standards of integrity and share the vision of the Transparency International movement:
“A world in which government, politics, business, civil society and the daily lives of people are free of corruption.”
BIF Members
– are committed to operating to high standards of integrity and transparency
– have, or will put into place, a detailed anti-bribery & corruption policy
– are committed to implementing the anti-bribery & corruption policy throughout their operations, and have, or will put into place, a monitoring and evaluation process to ensure effective compliance with the company’s policy
BECOMING A MEMBER. CRITERIA AND SELECTION
The official application procedure is as follows: When a company applies to join, a due diligence procedure is initiated designed to reassure TI-Korea that the company’s overall ethos and policies are consistent with TI’s approach and values as well as the Forum’s membership principles.
The procedure is:
1. Undertake a press and web search
2. Examine the documents and statements on the company’s website
3. Meet with the company to talk through the TI ABC checklist and any issues that have arisen during our research.
The background research and meeting are designed to give TI-Korea a sufficient basis for assessing whether a prospective member meets the Forum’s membership principles. A recommendation is made to the Chair and Executive Director who ultimately make a decision.
BENEFITS OF MEMBERSHIP
The Business Integrity Forum (BIF) offers the private and corporate community unique access to TI-Korea’s anti-corruption expertise. A corporate membership in our Business Integrity Forum can help companies ensure their operations and business dealings are corruption free.
– Access to Transparency International’s worldwide network of contacts and experts – TI-Korea can facilitate introductions to the international network as and when needed.
– Access to TI-Korea’s anti-corruption expertise for the company’s anti-corruption programs – through our Business Integrity Program, TI-Korea experts are available to members on a fee-paying basis for advisory services, document reviews, bribery risk assessment, etc.
– Anti-corruption newsletter (monthly newsletter specifically made for BIF-members summarizing anti-corruption developments in Korea and around the world relating to the private sector).
– Monthly meetings/presentations with special guests on topical issues such as national and foreign anti-bribery laws, business principles for countering bribery, etc.
– One full-day conference a year focusing on compliance, transparency or accountability issues (incl. annual membership meeting)
– Half-day workshop/year for the employees of the company on work-related ethical dilemmas (optional)
– Invitations to all TI-events in Korea
– Visibility (Member acknowledgement on TI-Korea’s website and other promotional materials)
– Membership certificate and/or other appropriate recording of BIF membership
– Use of the BIF logo
”One Year after Sewol”: Event with the German Chamber of Commerce in April 2015.
For more information, please contact:
Karoline Richter (Communications Director, Transparency International-Korea)
T +82-2-717-6211(Rep.) M +82-10-2594-2155 E ka@ti.or.kr W http://ti.or.kr (Korean) and www.transparency-korea.org (English)
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