Posted in: news

23rd January 2015

The Ethos Institute's Business Ethics Pact

The Ethos Institute, co-founded by B Team Leader Guilherme Leal aims to support businesses to be managed responsibly and to build a sustainable and just society. The institute has gathered a network of more than 300 companies who have signed a voluntary pact committing to business ethics.

The pact includes 7 public commitments, such as; to forbid bribery, to contribute to electoral campaigns only in a transparent and lawful manner and to promote the values of pact within your own supply chain.

The network has a Working Group that share knowledge and experiences about best business practices to improve integrity and combat corruption. With the FIFA World Cup held in Brazil in 2014 and in expectation of the 2016 Rio de Janeiro Olympic Games the Ethos Institute have seized the opportunity to fight against corruption with the Clean Games Inside and Outside the Stadiums Project.

Partnering with the UN Global Compact the project launched four anti-corruption agreements with companies from the construction, energy, transportation and health equipment sectors and a pact signed by the mayors of the host cities to provide information on 90 transparency indicators. These indicators are being adapted for use for the 2016 Olympics as well.

You can learn more about the Ethos Network Pact and see the regional results of the transparency indicators here.