Ethics and business conduct world bank

  • Is the World Bank ethical?

    We do what is right.
    We ensure our words are consistent with our actions.
    We take ownership for our actions and decisions.
    We communicate with honesty and transparency.
    We question actions that are inconsistent with our values..

  • What are the guiding principles of the World Bank?

    All institutions of the World Bank Group have collectively adopted these core values.
    Impact, integrity, respect, teamwork, and innovation help us focus on how we achieve our mission..

  • What are the principles of World Bank?

    The Principles are organized according to three pillars - inclusion, design, and governance.
    Ensuring universal coverage for individuals from birth to death, free from discrimination..

  • What is business conduct and ethics?

    Business ethics refers to implementing appropriate business policies and practices with regard to arguably controversial subjects.
    Some issues that come up in a discussion of ethics include corporate governance, insider trading, bribery, discrimination, social responsibility, and fiduciary responsibilities..

  • What is the purpose of the World Bank?

    The World Bank is an international development organization owned by 187 countries.
    Its role is to reduce poverty by lending money to the governments of its poorer members to improve their economies and to improve the standard of living of their people..

  • What is the World Bank Code of Ethics?

    We care for our people, our clients, our partners, and our planet.
    We treat everyone with dignity and compassion.
    We embrace diversity and pursue inclusion of backgrounds, identities, cultures, working styles and perspectives.
    We remain humble in carrying out our mission..

  • Where is World Bank location?

    It is the largest and best-known development bank in the world and an observer at the United Nations Development Group.
    The bank is headquartered in Washington, D.C., in the United States.
    It provided around $98.83 billion in loans and assistance to "developing" and transition countries in the 2021 fiscal year..

  • Who is the chief ethics officer of the World Bank?

    Mr.
    Jorge Dajani is the Chief Ethics Officer of the World Bank Group, a position he has held since June 2018..

  • Why is it important to have ethics in business?

    A business's ethical–or unethical–behavior can significantly impact its public perception, daily operations, and revenue.
    Companies that act ethically can attract loyal clients, hire top talent, and even win awards..

  • The World Bank Group has four Boards of Executive Directors representing the four institutions of the World Bank Group: International Bank for Reconstruction and Development (IBRD), International Development Agency (IDA), International Finance Corporation (IFC) and Multilateral Investment Guarantee Agency (MIGA).
  • The World Bank is an international development organization owned by 187 countries.
    Its role is to reduce poverty by lending money to the governments of its poorer members to improve their economies and to improve the standard of living of their people.
  • These standards include honesty, respect and integrity.
    Integrity is, and will continue to be, at the heart of all of our business relationships.
    Integrity is a word and a concept that is known around the world.
    Being a person of integrity in the workplace applies to all employees at all levels within an organization.
Standard setting through the design and stewardship of ethical policy, practices, decisions, and behavior, including administering Declaration of Interests 
The World Bank Group's Ethics and Business Conduct Department (EBC) in the Ethics and Internal Justice Services Vice Presidency Unit promotes the development and application of the highest ethical standards by staff members in the performance of their duties.

What does the World Bank Group do?

Embedding Ethics throughout the World Bank Group What We Do The Staff of the Ethics and Business Conduct Department The World Bank Group’s (WBG) twin goals are to eliminate extreme poverty by 2030 and to boost shared prosperity for the bottom 40 percent of each developing country.

What is the new code of ethics and conduct?

of calendar year 2018, and the new Code of Ethics and Conduct will go into effect in early January 2019.
The document espouses the highest ethical standards and emphasizes that our actions reflect our words.

Are WBG employees ethical?

The vast majority of WBG personnel uphold the highest ethical standards in the work environment and communicate and act with honesty and trans- parency

A few, regrettably, do not

Their behavior hurts the integrity and reputation of the WBG and the functioning of its individual offices and some- times the lives of their coworkers

What does the World Bank Group do?

Embedding Ethics throughout the World Bank Group What We Do The Staff of the Ethics and Business Conduct Department The World Bank Group’s (WBG) twin goals are to eliminate extreme poverty by 2030 and to boost shared prosperity for the bottom 40 percent of each developing country

What is the ethics and business conduct Department?

The Ethics and Business Conduct Department (EBC) provides outreach and training, advisory services, and investigations to secure a safe, respectful, and values- and ethics-driven work- place at the WBG


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