Collective Action Agreement in the Electrical Power Transmission Industry in Argentina

Address anti-corruption and integrity standards in Argentina’s power generation and transmission industry

This initiative aimed to address anti-corruption and integrity standards in Argentina’s power generation and transmission industry.

The Collective Action agreement included ten principles to which members must adhere, and also featured the services of a neutral facilitator.

The goals of this Collective Action agreement included respecting the following standards:

• Conducting business operations in a fair, honest, transparent manner, strictly abiding by all current Argentine laws, as well as the principles laid out by the UNCAC and the Inter-American Convention Against Corruption
• Refraining from paying any kind of bribe
• Refusing to accept bribes or to let others accept bribes on their behalf
• Avoiding bid tampering
• Refraining from making local contributions to political campaigns
• Maintaining clear, transparent sponsoring, giving and charitable contribution policies
• Maintaining or establishing effective internal processes to prevent direct or indirect bribery
• Ensuring that their employees, business partners, and third parties embrace these principles, providing adequate training to that end
• Trying to avoid doing business with others who do not abide by these principles or who may jeopardize these companies’ reputations
• Actively promoting transparency