GoodCorporation performed an analysis of logistics companies, including BDP International, to determine the good corporate citizens in terms of anti-corruption corporate policy. The report was published on its website.
Specifically, GoodCorporation conducted desk research on the top 30 leading international freight forwarding companies. The research included looking on the companies’ public website for two general policy requirements:
1) A published statement from company reiterating their stance on anti-corruption
2) A statement on facilitating payments
GoodCorporation determined that a "third of the companies had no anti-corruption statement" and "more than half had no statement on facilitating payments." GoodCorporation warns that if a company does not have these public statements on their website that "from our experience, corrupt practices are more likely to occur."
BDP met the requirements of the study with an articulated policy (complete with a statement from our president) and a statement proscribing the use of facilitating payments. This is good news because DOJ, SEC and other countries’ government agencies tasked with enforcement look to these research organizations to determine which companies might be at risk for violations.
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