Corruption is bad for society and bad for business, posing severe financial, operational and reputational risks. Now more than ever, companies are taking action to implement serious and effective anti-corruption measures and policies within their strategies and operations.

Here are six ways you can promote transparency and accountability in your company:

1. Commit: Make anti-corruption part of your company culture and operations. Show your employees, customers and suppliers that your company has a zero-tolerance policy on bribery & corruption
2. Assess: Know your risks and prepare for them. Recognize opportunities to improve your business by improving compliance
3. Define: Define what success means for your company. Develop goals, strategies and policies and get buy-in from colleagues by clearly showing the importance of these policies
4. Implement: Make anti-corruption programmes and policies integral throughout your company, including your value chain
5. Measure: What gets measured gets done. Monitor and measure the impact of your anti-corruption policies to identify what’s working and what still needs work
6. Communicate: Consistently communicate your progress to stakeholders, always striving for continuous improvement