Argentina
Collective Action Agreement in the Electrical Power Transmission Industry in Argentina
Collective Action Agreement in the Electrical Power Transmission Industry in Argentina
This initiative aimed to address anti-corruption and integrity standards in Argentina’s power generation and transmission industry. The Collective Action agreement included ten principles to which members must adhere, and also featured the services of a neutral facilitator. The goals of this Collective Action agreement included respecting the following standards:
- Conducting business operations in a fair, honest, transparent manner, strictly abiding by all current Argentine laws, as well as the principles laid out by the UNCAC and the Inter-American Convention Against Corruption
- Refraining from paying any kind of bribe
- Refusing to accept bribes or to let others accept bribes on their behalf
- Avoiding bid tampering
- Refraining from making local contributions to political campaigns
- Maintaining clear, transparent sponsoring, giving and charitable contribution policies
- Maintaining or establishing effective internal processes to prevent direct or indirect bribery
- Ensuring that their employees, business partners, and third parties embrace these principles, providing adequate training to that end
- Trying to avoid doing business with others who do not abide by these principles or who may jeopardize these companies’ reputations
- Actively promoting transparency