Abstract

Only a clear international convention can adequately tackle corruption in the international business arena, but individual companies do not need to wait for this to happen, especially when the main threat from corruption can be to the company itself. This description of how Lyonnaise des Eaux has taken steps to strengthen its inner workings against corruption shows how “business ethics, based on our values, is now our management’s top priority”. The author is Administrateur Directeur Général of the company, and he first delivered this paper to the Ninth Annual Conference of the European Business Ethics Network which took place last year in Frankfurt.