ESRS G1 Business Conduct

ESRS G1 standard for business conduct governance.

Definition

ESRS G1 DR Corporate culture and business conduct policies, Management of relationships with suppliers, Prevention and detection of corruption and bribery, Incidents of corruption or bribery, Political influence and lobbying activities, Payment practices (incl delays SME suppliers). Aligned with EU AntiBribery Convention, OECD Convention, Whistleblowing Directive 2019/1937.

Origin

EFRAG, Commission Delegated Regulation (EU) 2023/2772 published 31 July 2023.

Usage

All sectors concerned. Pharma, defense, construction, oil & gas, financial services industries prioritized.

Related terms

• ESRS — famille parent.
• Anti-corruption — thème central.
• Whistleblowing Directive — cadre EU.