Business Conduct

Business conduct indicators assess the extent to which companies have adopted ethical business practices to ensure good corporate governance and transparency. The basic measures, on issues such as bribery and corruption, accountability for ESG performance, and public disclosure of taxes and other payments, are fundamental to supporting good governance and the transparency of mineral revenues.

Average of the best scores achieved collectively by all companies for each one of the indicators under the thematic area

Average of the scores achieved by each one of the companies under this thematic area

Commitment (1 indicator)
Action (7 indicators)
Effectiveness (3 indicators)

Summary of results

Company performance on these basic issues is relatively high, with an average of 35% for this thematic area (the highest among all thematic areas) and a Collective Best Score of 77%, indicating that a score of this level is possible if companies adopt the good practices demonstrated by their peers. The strongest results are seen for commitments to prevent bribery and corruption – the vast majority of companies have made formal public commitments on this issue. In contrast, the weakest results relate to contracts disclosure; transparency of contracts is still very much the exception to the norm.

Leading practices in Business Conduct include, for example, the roll-out of a refresher training program for investigators of allegations made through a whistleblowing mechanism.