Less than 10% of companies globally are reporting key performance indicators (KPIs) on business ethics, according to EcoVadis, which provides business sustainability ratings.
The world average score for business ethics is 42.4 out of 100, indicating "most organizations are taking a reactive, unstructured approach to fighting corruption risks," EcoVadis said.
Transportation, storage and manufacturing were among the industries scoring below the global average, signifying their high risk for corruption, bribery and fraud.
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EcoVadis is a purpose-driven company dedicated to embedding sustainability intelligence into every business decision worldwide. With global, trusted and actionable ratings, businesses of all sizes rely on EcoVadis’ detailed insights to comply with ESG regulations, reduce GHG emissions, and improve the sustainability performance of their business and value chain across 220 industries in 180 countries. Leaders like Johnson & Johnson, L’Oréal, Unilever, Bridgestone, BASF and JPMorgan are among 150,000+ businesses that use EcoVadis ratings, risk, and carbon management tools and e-learning platform to accelerate their journey toward resilience, sustainable growth and positive impact worldwide.
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