Wednesday, July 24, 2013

Corporate Integrity Self Assessment Questionnaire

As one of the leading Government-Linked Companies (GLC), Tenaga Nasional Berhad (TNB) has taken initiative to self-assess the company's Corporate Integrity System.   TNB signed the Corporate Integrity Pledge (CIP) on 26th July 2011.  CIP is essentially a collaborative effort between Malaysian Institute of Integrity (IIM), Malaysian Anti-Corruption Commission (MACC), Performance Management Delivery Unit (PEMANDU) of the Prime Minister's Department.  In its pledge, TNB promises that it shall :

  • not, through any of its employees, representatives or agents, commit any corruption offence under any law, such as the MACC Act 2009 or Penal Code;
  • not conduct any business practices or activities that would require or encourage any of its employees, representatives or agents to commit such offences; and
  • work together with its business partners, regulators and law enforcement agencies to create a business environment that is free from corruption,
  • uphold the TNB’s Corporate Integrity Principles in Malaysia in the conduct of its business and in its interactions with its business partners and the Government; and
  • shall take strict action against any party who tarnishes the integrity and the company’s image.
In line with the CIP, TNB has volunteered to participate in IIM's Corporate Integrity Self Assessment Questionnaire (CIAQ).  Through CIAQ, companies can assess their corporate integrity's current "benchmark level".  CIAQ comprises 12 dimensions supported by related 214 descriptors.   A 0% level implicates that "No ethics and integrity work has begun". A 25% level describes a "compliance mindset with symbolic action only. A 50% level signifies the "beginning of a programmatic thrust and the company is moving in a healthy direction".  At 75% level, a company is "seeing ethics and integrity systematically using a robust ethics and integrity approach".  Finally a company at 100%  level becomes a benchmark for its best practices in ethics and integrity.  The Accounting Research Institute (ARI) has been assigned the task of assessing those companies who have volunteered to participate in the CIAQ program.   Today, the researchers from ARI met up with officers from both IIM and TNB to present the preliminary findings of the CIAQ survey.