The impact assessment is supported by the APEC Secretariat with a matching grant by the International Federation of Pharmaceutical Manufacturers and Associations (IFPMA) which serves as Industry Co-Chair of the Business Ethics for APEC SMEs initiative.
The Asia Pacific Economic Cooperation (APEC) is a regional economic forum represented by 21 member countries that aim to create greater prosperity for the people in the region by promoting balanced, sustainable, and inclusive growth and by accelerating regional economic integration. APEC helps SMEs build their capacity to engage in international trade and fosters their advancement of ethical business practices.
Ethisphere is the global leader in defining and advancing the standards of ethical business practices that fuel corporate character, marketplace trust, and business success. Ethisphere honors superior achievement through its World’s Most Ethical Companies® recognition program, provides a community of industry experts with the Business Ethics Leadership Alliance (BELA), and showcases trends and best practices in ethics with Ethisphere Magazine. Ethisphere also helps to advance business performance through data-driven assessments, benchmarking, and guidance.
The Royal Holloway University of London will also partner with Ethisphere on the project, providing insight into the research methodologies related to ethical business practices. The results will be presented at this year’s APEC Business Ethics for SMEs Forum.