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Brazil network of the UN Global Compact held the Anti-Corruption and Value Chain course

8/29/2022

The course dealt with topics that demystify due diligence – analysis and evaluation of public data for making informed decisions and reducing risks, with companies such as Cushman & Wakefield, Schneider Electric, Eletrobrás and Márcio Campanelli as facilitators of the 3 modules.

Marcos Rossa, Compliance Manager for Cushman & Wakefield for South America, was an instructor on the topic: Implementing a risk-based Due Diligence process, and says that it was a great opportunity to educate participants about the importance of working the supply chain value in their companies, more specifically the supply chain, involving suppliers.

On the occasion, the Compliance Manager provided guidance on how, which sources to research and which tools to use to carry out due diligence, with practical day-to-day examples, and also taught how to act when there are alerts, helping both those who were unaware of the subject, as well as those who already had knowledge and can share experiences with professionals from different segments of the private and public sector.

One of the main objectives when talking about the value chain is to involve the top leadership of companies, so that they understand that each one has a role in this "web", and seek to raise the levels of integrity in their organizations, carrying out due diligence (due diligence) and getting to know the partners they are dealing with better, in addition to encouraging partners to do the same, as a way of using their penetration potential and disseminating the processes of ethics and integrity in society.

This is not the first time that Cushman & Wakefield has participated in initiatives of the Brazil network of the UN Global Compact, in April the company was invited to launch the Guide to Combating Corruption in the Value Chain, with participation in the panel to discuss the importance of the topic.

Rossa says that he is very active in the working group of the anti-corruption platform in the Brazil network of the UN Global Compact. He understands that each company has a responsibility to raise awareness and ethics in the value chain: ‘‘it is important that companies have active roles in society and involve their value chain and encourage partners, with robust integrity programs’’ he says.

He mentions that the legislation itself is evolving. Decree No. 11,129, of July 2022, regulates the Brazilian anti-corruption law and mentions that companies must carry out due diligence even on donations and sponsorships.

‘‘I share a lot of the thinking of Olajobi Makinwa, who was the number one anti-corruption UN Global Compact in New York and now works in Africa, that corruption has a name. The name is that boy who is on the street because he has no school to attend, because the money for education was embezzled by corrupt people. The name is that mother who had to give birth on the street, because the health money was embezzled by corrupt people. Anti-corruption work does not walk alone, it goes hand in hand with environmental, social and governance (ESG) issues’’, he concludes.

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