Code of Conduct

Code of Conduct

CODE OF CONDUCT OF WORLDCOB: The World Confederation of Businesses is a member of the United Nations Global Compact, according to which it undertakes to:

  • Ensure that its behavior as an organization is consistent with the 10 principles of the United Nations, as well as to promote and disseminate such principles;
  • Act in the best interest of its associate members;
  • Respect the confidentiality of its associate members’ information;
  • Work against corruption and promote ethical business practices.

The employees, understood as all persons working in and for the organization, shall act consistently with the commitments assumed by the organization.

They shall, at all times, act correctly and with common sense, consulting their direct superior in case of doubt.

They shall always act in accordance with the laws, honestly and loyally.

They shall prioritize the interest of the organization and its associated members before their own.

The members of the Confederation shall be required to behave consistently with this code, collaborating for such purpose with all available resources.

If any representative of any stakeholder of the Confederation believes that there is a situation that is incompatible with the principles of the UNGP or the code of conduct, he/she shall report it to a member of the certifying team so that the situation may be investigated and corrected if necessary.