Corruption risks vary across markets. As multinational companies develop and expand into new and emerging markets, the ability of businesses to identify and impose controls on the relevant corruption risks will continue to be a crucial part of best practice.
High Risk Markets
Does the company have enhanced risk management procedures in place for the supply of goods or services to markets or customers in countries identified as at a high risk of corruption?
Does the company disclose all details of its fully consolidated subsidiaries and non-fully consolidated holdings (associates, joint ventures and other related entities)?
Does the company disclose its beneficial ownership and control structure?
Does the company publish a percentage breakdown of its defence sales by customer?