Transcript for Episode 25 - How to operate with business integrity

<p>Doing business with integrity means ensuring you operate responsibly, honestly and ethically. </p> <p>The impact of not doing so includes mistrust, reputational damage, and even involvement in serious crime.</p> <p>So it’s important to understand the risks and laws that surround bribery, corruption, human rights and modern slavery.</p> <p>Let’s look at them in more detail.</p> <p>The UK Bribery Act 2010 applies to all operations of a company in the UK. Even if offences are committed abroad by a non-British citizen or third parties acting on behalf of your company.</p> <p>It’s also important to be aware of country specific laws too.</p> <p>Human rights violations.</p> <p>It’s every company’s duty to respect the human rights of its workers and those involved in the supply chain.</p> <p>The global authority on this is the UN’s Guiding Principles on Business and Human Rights (UNGPs). The principles are develop a public commitment to respect human rights. Practice due diligence. Track effectiveness. Communicate what you’re doing. Establish a process to remedy anyone harmed.</p> <p>Modern slavery.</p> <p>Modern slavery is a type of human rights abuse and includes human trafficking, servitude, forced and child labour. The UK’s Slavery Act sets out rules for businesses operating in the UK.</p> <p>Check gov.uk for guidance on all of these areas.</p> <p>Most importantly, train your team and make sure your policies are clear.</p>