The Convention on Business Integrity (CBi) is a company limited by Guarantee. The organization was established in 1997 with the mission of promoting ethical business Practices, transparency and fair competition in the private and public sectors. Signatories of the Conve[...] Date Posted: 06 Oct 2015
The Convention on Business Integrity (CBi) is a company limited by Guarantee. The organization was established in 1997 with the mission of promoting ethical business Practices, transparency and fair competition in the private and public sectors. Signatories of the Convention undertake to observe the values of the Code of Business Integrity, both within their own organizations and in their dealings with customers and partners. The code includes both sanctions and incentives for the organizations involved.
To show their pledge to the Convention, signatories enter into a purely moral commitment with the intent of benefiting from and upholding the platform of credibility which the members of the Convention share. The Convention currently has twenty-three (23) corporate signatories and more organizations are set to sign on in the cause of the year.
Over the past three (3) years the Convention has continued to gain support and followers in Nigeria and to be recognized globally as a very innovative and as a positive contribution from Africa to global best practices relating to the promotion of good governance– at the governmental level and vis-à-vis the private sector.
Whereas the requirements for acceding to The Convention on Business Integrity are detailed and stringent, the benefits may not be so obvious at first. However, there are several advantages, ranging from those that could profit individual signatories as well as the national economy as a whole.
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