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The Hanoi Principles: For Voluntary Codes of Business Ethics in the Construction and Engineering Sector

APEC SME Working Group

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The Hanoi Principles: For Voluntary Codes of Business Ethics in the Construction and Engineering Sector

Mission

Foster a high-integrity construction and engineering industry across the APEC region

Goals

The Hanoi Principles are a set of business ethics principles and implementation guidelines for the engineering and construction sector in the APEC region. The principles promote a fair marketplace through ethical business conduct.

Their goal is to help to facilitate an open and transparent business environment, free from corruption and undue influence, enhancing the ability of companies, especially small and medium sized companies, to participate in global markets.

Stakeholders

In cooperation with the U.S Department of Commerce, and under the auspices of the the Asia-Pacific Economic Cooperation (APEC) Small and Medium Enterprise (SME) Ministerial Working Group, Fluor led the effort to develop the Hanoi Principles.

Representatives from all 21 APEC economies met in Hanoi in September of 2011 to draft the principles over the course of two days. They were subsequently approved by the APEC SME Ministers at their meeting in Bangkok in October of 2011 and by the APEC Leaders at their meeting in Honolulu in November of 2011.

This information is gathered from open-source data and in some cases has been provided by initiative facilitators. We cannot guarantee the accuracy or completeness of the information and do not take responsibility for decisions made on the basis of it. Please inform us of any errors by emailing us.

Start year

Status

  • active
    The initiative or project is currently being worked on.

Countries Operations

Countries Host

Scope

  • international
    Initiative that operates in two or more countries and the countries can be specified.

Industries

Stakeholders

  • Private sector
    Privately owned commercial (for-profit) entities of all sizes, including SMEs
  • Public sector
    National and sub-national, local government entities, agencies from all branches (policy-making, executive, adjudication)
  • Civil society
    non-governmental organisations (national or international), foundations funded by private entities, faith-based organisations, Professional associations, Industry associations, Chambers of Commerce, Local Global Compact Networks

Type

  • Standard-setting initiative
    Codes of conduct, Industry/country anti-corruption policies/compliance standards, Self-assessments tools and mechanisms/methodologies, Implementation tools

Linked resources

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