New York, USA ,
With more than 35 years of experience at KPMG advising some of the world’s leading companies, Veihmeyer is an influential and sought-after voice on business and financial issues, including ethical leadership, diversity, financial reporting, audit quality, risk, governance, and education.
A call to arms to tackle the scourge of corruption
As a business leader, I take a very simplistic view of corruption. It is morally and legally wrong and economically damaging. Responsible business and civil society are united in these views.
However, delivering lasting change on this agenda requires far greater commitment, co-operation and follow-up actions from governments and the business community than we have ever seen before. What is clear to me is that pressure is intensifying among business leaders and civil society to eliminate corruption.
This London Summit is a critical opportunity to turn commitment into action. We must ensure there is a shared understanding that bribery and corruption are unethical and unacceptable and translate this into robust and consistent action. We should focus on increasing transparency as a means of holding governments, officials and business to account. Where laws are deficient, they should be strengthened, and the laws already in place around the world to deal with corruption should be rigorously enforced.
Consistent with our values and our Global Code of Conduct, KPMG International has implemented an extensive anti-bribery and corruption program. This includes having in place detailed policies, as well as training, compliance procedures and an international whistle blowing hotline.
No single group, whether it be governments, business or civil society acting alone can hope to meaningfully tackle the scourge of corruption. But concerted action by all of these groups, working to a clear agenda with an agreed timetable and action plan, can deliver on our commitment to ‘Tackle Corruption Together’.
I hope this Summit will be looked back on as the moment when we collectively translated our outrage at the damaging effects of corruption on society and the economy, into actions that make corruption ever more unrewarding and dangerous for those who engage in it.