Global Competitiveness Empowerment Forum supports and implements “Fair Player Club”, the public-private sector platform to promote collective action for anti-corruption in cooperation with GCNK (Global Compact Network Korea), the South Korean Integrity Partner of Siemens Integrity Initiative by Siemens AG, from March 2015.
Siemens Integrity Initiative is a USD 100 million global anti-corruption initiative to promote fair market conditions and clean business through Collective Action and Education & Training projects with nonprofit, academic and global organizations worldwide. Siemens Integrity Initiative constitutes one element of the July 2009 settlement between Siemens and the World Bank and the March 2013 settlement between Siemens and the European Investment Bank (EIB).
[Siemens Integrity Initiative] http://www.siemens.com/sustainability/en/compliance/collective_action/integrity_initiative.php
[Fair Player Club Introduction in Siemens Integrity Initiative website] http://www.siemens.com/about/sustainability/en/core-topics/collective-action/integrity-initiative/status-second-funding-round/global-compact-network-korea-gcnk.htm
[Fair Player Club website] http://www.fairplayerclub.org
Fair Player Club is funded as part of the Siemens Integrity Initiative by Siemens AG about KRW 1 billion (about USD 0.9M) from 2015 for 3 years.
Total 25 anti-corruption projects around the world were selected out of more than 180 project proposals from well-known non-profit organizations from about 60 countries on the 2nd funding round. Fair Player Club is hosted by Global Compact Network Korea (GCNK), organized by Global Competitiveness Empowerment Forum (GCEF), endorsed by the Ministry of Trade, Industry & Energy (MOTIE), and funded by Siemens Integrity Initiative. Fair Player Club will aim to disseminate the importance of fair and just competition to all market players to comply with the rule of law through compliance and business ethics, by implementing various field-based activities, such as education & training, research, and other anti-corruption awareness raising programs with consideration of industry, region and country environment.