Minerals Council of Australia CEO Tania Constable said an online hub has been unveiled to allow Australian mineral companies and other businesses to gain access to resources and tools for the detection, prevention and addressing of bribery and corruption across the supply chain.
The Bribery Prevention Network, launched earlier this month, is hosted by the Global Compact Network Australia and can convene ASX-listed businesses, civil society organisations, academia and government to “demonstrat[e] the value of collaborative and constructive public-private partnerships” industry-wide.
“As well as being unethical, bribery and corruption destroy healthy competition and good business,” Constable said.
“Bribery and corruption can also violate trust and undermine healthy relationships and mutually beneficial outcomes between communities, industry and government. No country is immune from bribery and corruption and all sectors – including the minerals industry – need to remain vigilant.”
The executive went on to say that the MCA will both support and promote the Bribery Prevention Network and its activities as part of its own mission for responsible business practices across the country’s minerals industry.
The network’s website is https://briberyprevention.com.