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  • Integrity Pledge and Its Relevance To ESG

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    Vinit Kumar Mishra
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    This document discusses the Integrity Pledge created by the Chief Vigilance Commission of India to address the issue of corruption. It provides background on the pledge, noting it was created to address corruption, which is a prevalent global issue in both government and private sectors. The document then discusses challenges in implementing the pledge, and provides solutions like defining objectives and scope, identifying key stakeholders, and establishing good governance policies. It emphasizes integrating the pledge with an organization's mission, vision and values. Finally, it discusses the role of the pledge in sustainable finance and meeting investor expectations.

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    Integrity Pledge and its Relevance to ESG

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    This document discusses the Integrity Pledge created by the Chief Vigilance Commission of India to address the issue of corruption. It provides background on the pledge, noting it was created to address corruption, which is a prevalent global issue in both government and private sectors. The document then discusses challenges in implementing the pledge, and provides solutions like defining objectives and scope, identifying key stakeholders, and establishing good governance policies. It emphasizes integrating the pledge with an organization's mission, vision and values. Finally, it discusses the role of the pledge in sustainable finance and meeting investor expectations.

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    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
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    Download as pptx, pdf, or txt
    18 views12 pages

    Integrity Pledge and Its Relevance To ESG

    Uploaded by

    Vinit Kumar Mishra
    This document discusses the Integrity Pledge created by the Chief Vigilance Commission of India to address the issue of corruption. It provides background on the pledge, noting it was created to address corruption, which is a prevalent global issue in both government and private sectors. The document then discusses challenges in implementing the pledge, and provides solutions like defining objectives and scope, identifying key stakeholders, and establishing good governance policies. It emphasizes integrating the pledge with an organization's mission, vision and values. Finally, it discusses the role of the pledge in sustainable finance and meeting investor expectations.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pptx, pdf, or txt
    of 12

    Integrity Pledge and its Relevance

    to ESG
    CERTIFICATION COURSE ON SUSTAINABLE FINANCE,
    ESG & NON-FINANCIAL REPORTING

    VERSION 1.0
    7-OCT-2021
    07 Oct 21

    Ver 1.0
    2
    Background and Purpose

     Created by Chief Vigilance Commission

     When?

     What was the Objective?


    07 Oct 21

    Ver 1.0 3
    Corruption: All Pervasive Global Issue
    Prevalent in Both Government and
    Global Issue Private Sector
    07 Oct 21

    Ver 1.0 4
    Challenge: Definition

     As per The World Bank, “form of dishonesty or a criminal offense which is


    undertaken by a person or an organization which is entrusted with a position of
    authority, in order to acquire illicit benefits or abuse power for one's private gain”

     As per Transparency International, “abuse of entrusted power for private gain”

     As per Kautilya in Arthashastra , “Just as it is impossible to know when a swimming


    fish is drinking water, so it is impossible to find out when a government servant is
    07 Oct 21

    stealing money”

    Ver 1.0 5
    Corruption: Impact

     Difficult to define, but easier to feel

     Causes Pain

     Reducing it creates opportunities

     External
    07 Oct 21

     Internal

    Ver 1.0 6
    CGAS Commitment
    07 Oct 21

    Ver 1.0 7
    Challenges in Implementation

     Absolute Commitments

     All stakeholders

     Good Governance across all our aspects of business


    07 Oct 21

    Ver 1.0 8
    Solution

     Define your Objective and Scope

     Identify Key Stakeholders

     Identify Key Aspects of Business for establishing Governance

     Align to your Mission, Vision and Value


    07 Oct 21

     Keep it Dynamic

    Ver 1.0 9
    Key Systems to Implement

     Code of Ethics

     Whistle-blower Policy

     Promote a Culture of Honesty and Integrity


    07 Oct 21

    Ver 1.0 10
    Role in Sustainable Finance

     Meets Investor Expectations

     Maximizes returns on Investment


    07 Oct 21

    Ver 1.0 11
    Integrate
    Mission Vision

    To make “Smile and Care” a To be seen as the most


    key enabler in the global arena “Easy and Enjoyable”
    of Corporate Governance Organization to work with

    Values

    Trust
    07 Oct 21

    Integrity
    Excellence

    Ver 1.0 12

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