Vigeo publishes corruption study

Demonstrating that preventing corporate corruption is a performance issue at the heart of corporate responsibility, a new study from Vigeo identifies and compares the corruption prevention strategies and performances of 1,268 listed companies in the Asia-Pacific, North American and European regions. The study, conducted between 2010 and 2012, shows that corruption is no longer a ‘bad word’, as a growing number of companies across all three continents communicate explicitly on the subject. The study also details that companies are displaying commitments in support of business ethics as never before - 87% in Europe compared to 81% in 2010, and 99% of North American companies versus 97% in 2010.  Among the 32 sectors evaluated, heavy construction, pharmaceuticals and biotech, medical services, oil and gas, and the automobiles sectors remain the most controversial.