Environmental, Social and Governance
INTEGRITY at CGIF: Building trust and accountability
At CGIF Integrity and Governance are the cornerstone of how we operate and expect our issuer to operate. We are committed to uphold the highest standards of ethics, transparency and accountability in all our activities and throughout every guarantee we issue. This commitment ensure our operations and those we guarantee contribute positively to the ASEAN+3, free from any form of misconduct.
Core Principles
The principles that underlie our Integrity requirements
The CGIF Integrity Policy addresses potential negative consequences across key areas where CGIF maintains a strict compliance and zero tolerance requirement. We systematically assess Issuers (and projects) against these to prevent unacceptable integrity and governance risks.
Ethical Conduct
Promoting a culture of honesty, integrity and fairness within all CGIF activities, and within our Issuers.
Prevent Unlawful Purposes
Ensuring our guarantees are not used for illegal activities, including money laundering , financing terrorism and fraud/corruption.
Combatting Tax Avoidance
Ensuring our guarantees do not support tax secrecy, evasion or fraud.
Transparency
Promoting a culture of transparency within CGIF and our Issuers, including whistleblower and misconduct mechanisms
Governance and Integrity Framework
Our Integrity commitment is underpinned by a strong governance framework that is designed around accountability, oversight, and adherence to policies and procedures. CGIF have zero tolerance for corruption, tax avoidance and unlawful activities. This framework defines the roles responsibilities, and reporting lines to create a robust system that champions ethical conduct from the top to the bottom of the organization.
Policy Alignment
Aligned with global best practices to strengthen Integrity
Our Integrity Policy and governance framework is developed in line other multi-lateral development banks requirements. This commitment to employ the global best industry practices ensures that CGIF’s operations are consistently robust, transparent and compliant with the highest levels of integrity standards in combatting corruption, fraud, money laundering and tax evasion or other illegal or illicit activities.
Integrity Reference Documents
Our Integrity and Governance documents for reference
Access our office Integrity documents directly. The CGIF Integrity Policy is being underpinned by the ADB Office of Anticorruption and Integrity and govern the Integrity and governance due diligence process and requirements.
Integrity Policy
Our core Policy outlining our aims and principles across Integrity
CGIF Annual Report 2024
Our annual report containing a section on integrity compliance and CGIF ESG and Integrity standards
Frequently asked questions about Integrity and Governance Risk
What does Integrity and Governance risk mean to CGIF?
For CGIF Integrity is a core requirement of our operations, and of our Issuers. It means upholding the highest ethical standards, ensuring transparency, preventing misconduct and ensuring our guarantees are not used for unlawful purposes including money laundering, financing terrorism, or involved with fraud or corruption.