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  • Is an initiative by the business community of Kenya to promote and enhance the ethics of business conduct in Kenya in line with the ten principles of the UN Global Compact in the areas of Human Rights, Labour Standards, Environment and Anti-corruption;
  • Applies to private companies who expect their business partners likewise to adhere to it; and
  • Does not replace, but complements , individual company code of ethics

 

Adherence to the Code of Ethics

A company commits to the Code of Ethics by signing a letter of engagement.

ADHERE: in the first year following their commitment to the Code of Ethics, companies are not expected to report on their adherence to the Code, but they have to:

  • Aspire to adhere to the Code;
  • Make it public that they have committed to the Code of Ethics (on website,  in annual report or through the annual Communication on Progress report);
  • Participate in seminars and workshops organised by Global Compact Network Kenya (GCNK).

INTEGRATE and REPORT: from the second year after committing to the Code of Ethics, a company will publicly report on its progress with regard the implementation of the Code. The company will also make its report available to the Secretariat of GCNK. In this report the company will indicate:

  • How it has applied and integrated the Code within the company;
  • Progress it has made with implementing an internal ethics and anti-corruption management programme (e.g. ethics and corruption risk assessment, top level commitment, policies and procedures, effective implementation, training, awareness, monitoring and review);

Non-Adherence to the Code of Ethics

Non-adherence this Code has consequences. Should a signatory company transgress this Code, organized business will institute the following three steps, taking cognizance of the particulars of the case:

Step 1: Discuss the transgression with the offending company at the highest level (Board of Directors, CEO) to ensure steps are put in place to avoid a recurrence;

Step 2: Release a public statement expressing moral disapproval of the transgression ; and

Step 3: Publicly exclude the offending company from the Code until it is satisfied that the transgression has been corrected