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October 28, 2024

G20 Encouraged to Adopt Collective Action for Business Integrity at B20 Summit


In 2024, the UN Global Compact contributed to reestablishing the B20 Task Force on Integrity & Compliance and became a Network Partner, ensuring alignment of the G20 policy recommendations with key priorities—namely Collective Action, incentives for business integrity, and compliance frameworks aligned with corporate sustainability standards, among others.

In October 2024, at the B20 Summit and side events, the Task Force advocated its final recommendations to G20 officials, as outlined in the Policy Paper prepared by the B20 Brazil Integrity and Compliance Task Force. In this document, B20 members call for stronger actions from the G20 in 3 key areas:


  • Recommendation 1: Encourage the implementation of integrity and anti-corruption measures to enhance responsible and sustainable governance in business.
  • Recommendation 2: Stimulate Collective Action, engaging the Public Sector and value chains to uphold integrity.
  • Recommendation 3: Promote ethical leadership to foster inclusive growth.

 

Alongside the G20 Summit, the UN Global Compact brought the voice of business to the table to identify opportunities for both public and private action on key transitions and to help shape a policy agenda for key forums in 2025, including COP30 (Brazil) and next year’s G20 (South Africa).

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