PROJECTS & ACTIVITIES

BUSINESS ETHICS STANDARD
BBLF Business Ethics Standard (in .pdf format)

• English
• Bulgarian
  
  

If you wish to join the Business Ethics Standard, contact us at office@bblf.bg or tel: 02/ 986 5202.

The Business Ethics Standard is the result of a one-year dialogue between the members of the Forum, brought together with the idea to implement a more practical approach to fostering good business practices and build correct and trustful business relations. The main objective has been to create benchmarks that would help distinguish between ‘what is good and what is bad', and models that should be adopted by all companies doing business in Bulgaria.

The Standard was first introduced officially by Mr. Maxim Behar, BBLF Chairman, at a British-Bulgarian Business Forum held in London in October 2001. Mr. Simeon Saxe-Coburg Gotha, Prime Minister of the Republic of Bulgaria, and Ms. Susan Simpson, Director Europe and Regional Learning Network, Prince of Wales International Business Leaders Forum, were both presented with copies of the Standard.

"I am sure that in five years the number of companies willing to join the Standard will grow many times and will probably reach the number of 300," said Mr Maxim Behar, BBLF Chairman, in his closing remarks at the official launching. Currently, more than 1500 companies in Bulgaria have adopted the Standard and have been using it as their primary code of corporate behaviour.

BUSINESS ETHICS STANDARD

for companies doing business in Bulgaria and committed to:

1. Building their business on moral principles
2. Endeavouring to earn a reputation for integrity, competence and excellence
3. Introducing a transparent disclosure policy for the company's operations
4. Protecting and encouraging fair competition
5. Cultivating trust between the management and shareholders
6. Having due regard for labour law including health and safety
7. Observing all laws and regulations concerning their business
8. Striving to prevent any form of corruption
9. Having an active involvement in community activities
10. Engaging actively in developing the market economy as essential for the nation's prosperity.