Business Integrity Standards Change the Corporate Culture in Bulgaria

Transparency International Bulgaria has created and tested business integrity standards in order to improve ethical practices in the corporate sector.
The introduction of business integrity standards not only strengthens the trust of customers and partners, but also improves the resilience of companies by reducing the risk of corrupt practices and misconduct.
Companies that apply ethical business principles gain better access to international markets and become preferred partners for cooperation with investors seeking transparency and long- term stability.
The business integrity standards are in line with ESG (Environmental, Social, and Governance) standards, which more and more companies perceive as the basis for sustainable development.

Business associations in Bulgaria help implement business integrity standards with a focus on ESG standards
Through the Business Integrity initiative of Transparency International Bulgaria to approbate the standards in practice, companies will be encouraged to adopt more transparent and ethical approaches in their activities.
The implementation of business integrity standards brings a number of benefits, including increasing competitiveness, improving corporate reputation, and strengthening relationships with investors and partners. Companies that comply with ethical standards and are compliant with ESG guidelines attract more attention from investors looking for sustainable and socially responsible businesses.
The strong link between business integrity and ESG standards is a key factor in their successful implementation. ESG pillars – environmental protection, social responsibility and corporate governance, are closely related to the ethical principles of business integrity. Compliance with these standards not only improves corporate governance, but also increases public and stakeholder confidence in business activities.
Transparency International Bulgaria has created business integrity standards aimed at key companies in the industry, healthcare and energy sectors.
The development of such standards and their publicity and accessibility provide clear guidance for businesses that realize the benefits of applying the philosophy of business integrity and share values such as openness to society, integrity and adherence to ethical norms, enabling their strive for sustainability and success.