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External voluntary initiatives
The Shell General Business Principles and Code of Conduct guide the business and activities of Shell companies. We also support a number of external voluntary initiatives. Shell’s approach to respecting human rights consists of several core elements. These include adherence to corporate policies; compliance with applicable laws and regulations; regular dialogue and engagement with our stakeholders; and contributing, directly or indirectly, to the general well-being of the communities within which we work.
Shell’s approach is informed by the following codes and guidelines:
Extractive Industries Transparency Initiative (EITI) Statement of Principles and Agreed Actions
This aims to increase the transparency of payments made by business to governments and government related entities as well as transparency of revenues by those host country governments.
Transparency International Business Principles on Countering Bribery (2002)
A practical reference for companies to use in developing their own anti-bribery systems. The principles support initiatives such as the Organisation for Economic Co-operation and Development (OECD) Convention on Combating Bribery of Foreign Public Officials in International Business Transactions, the ICC Rules of Conduct to Combat Extortion and Bribery and the anti-bribery provisions of the revised OECD Guidelines for Multinationals.
Principles for Countering Bribery
Launched in 2004 by the World Economic Forum to help combat global corruption. 139 companies support the principles and use them to implement anti-bribery and anti-corruption practices or to improve existing programmes.
Voluntary Principles on Security and Human Rights
The principles guide companies in maintaining the safety and security of their operations within an operating framework that respects fundamental human rights.