Strong integrity builds pride and respect for the organisation, providing a competitive advantage, improving financial results and strengthening employee loyalty. Fraud and Corruption Profiling is especially relevant in light of the recent UK anti-Bribery Act and itis necessary to go beyond traditional compliance rules and regulations in order to have a genuine integrity programme.

DNV has created a useful tool called the Corporate Integrity Profile (CIP), which helps organisations map out any gaps in their management of fraud and corruption risks. The CIP provides a snapshot of how resistant an organisation is to the effects and impact of fraud and corruption and demonstrates an organisation’s ability to manage integrity risks and opportunities, both internally and externally.

Furthermore, the tool allows benchmarking against widely accepted conventions, principles, and guidelines in the field of defending against fraud, corruption and other forms of unethical business conduct.