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Resources: International financial Institutions, Export Credit Agencies, Submission

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ECGD Consultation on Proposed Revisions to its Business Principles
NGO submissions and correspondence
The Corner House and others

3 March 2010

In December 2009, the UK's Export Credits Guarantee Department (ECGD) announced a public consultation on proposed revisions to its Business Principles, including wide-ranging changes to its environmental, social and human rights safeguard policies and its anti-bribery and corruption measures. The Corner House and others submitted a joint response detailing the potentially signficiant negative impacts triggered by the proposed changes to policies on child labour and forced labour, greenhouse gas accounting, transparency, anti-bribery and financial risks.

file iconJoint NGO Response
file iconCorner House Impact Response

Export Credits Guarantee Department and Sustainable Development
Memorandum to Environmental Audit Committee Inquiry
The Corner House

1 July 2008

On 13 May 2008, the UK Parliament's Environmental Audit Committee launched an inquiry into the Export Credits Guarantee Department (ECGD) and Sustainable Development to reassess the extent to which ECGD takes account of environmental and social concerns in the course of its decisions.

file iconSubmission to inquiry

Export Credits Guarantee Department and Sustainable Development
Memorandum from The Corner House to the Environmental Audit Committee
The Corner House

30 June 2008

This Corner House submission to a 2008 inquiry by the Environmental Audit Committee into the UK's Export Credits Guarantee Department and Sustainable Development critiqued the ECGD's decision-making procedures concerning sustainable development; its inadequate Business Principles and need for a proactive approach; its due diligence and monitoring; information disclosure; and the OECD and ECA reform.

file iconECGD and Sustainable Development

Sakhalin II (Phase 2) Compliance Review
Assessment Against ECGD Policies on Project Acceptability
The Corner House, Friends of the Earth (England, Wales and Northern Ireland), WWF-UK

26 April 2006

Any ECGD support for the Anglo-Dutch petrochemical multinational Shell to develop two oil and gas fields off Sakhalin Island in Russia's Far East would breach international guidelines and conflict with the UK's sustainable development commitments and its international environmental obligations.

file iconSakhalin II (Phase 2) Compliance Review

Experience and Practice of Combating Bribery in Officially Supported Export Credits
The evidence so far from the OECD Working Group on Bribery Phase 2 reviews
Susan Hawley for ECA-Watch

28 February 2006

The OECD's Working Group on Bribery regard export credit agencies (ECAs) as essential to combating bribery and believe that ECA procedures to do so could be significantly improved. The Group's reviews of various OECD countries emphasise the importance of ECAs having proper procedures in place to detect and report bribery suspicions to law enforcement agencies, and to exclude companies convicted of corruption from further export credit support.

file iconECA-Watch OECD Phase2

Combating Bribery in Export Credits
The Agenda for 2005
Dr Susan Hawley

22 June 2005

This submission to the EU Council Working Group on Trade details how the OECD Action Statement on Combating Bribery in Officially Supported Export Credits should be strengthened and how European Export Credit Agencies should improve their anti-bribery procedures. It was prepared for a special meeting held between the EU Council Working Group on Export Credits and NGOs on 22 June 2005.

file iconCombating Bribery in Export Credits

Submission by The Corner House to the ECGD Consultation on Changes to ECGD's Anti-Bribery and Corruption Procedures Introduced in December 2004
Dr Susan Hawley

15 June 2005

In January 2005, the UK's export credit agency, ECGD, announced a public consultation into its weakened anti-corruption procedures, introduced following industry lobbying. This submission to that consultation argues that the ECGD should revert to its revised procedures if it is to prevent bribery in the projects that it supports.

file iconSubmission to ECGD Anti-Bribery Consultation

The UK Parliament's Trade and Industry Committee Inquiry into the Export Credits Guarantee Department
Memorandum from The Corner House
Dr Susan Hawley

25 February 2005

At the beginning of 2005, the UK Parliament's Trade and Industry Select Committee conducted an inquiry into the UK's Export Credits Guarantee Department (ECGD). During its inquiry, it interviewed the Government Minister responsible for the ECGD about the Department's watering down of its anti-bribery procedures following industry lobbying. In March 2005, the Committee published a report, Implementation of ECGD's Business Principles, that was highly critical of the changes the Department had made to its procedures. This document is The Corner House's submission to the Committee's inquiry.

ECGD and Sustainable Development
Memorandum to Environmental Audit Committee Inquiry
Nicholas Hildyard and Susan Hawley

19 May 2003

This submission from The Corner House documents in detail how the ECGD’s policies and practices fall far short of compliance with the Government’s sustainable development commitments. It makes several recommendations to address the ECGD’s institutional and procedural failures, and to bring the Department in line with the Government’s sustainable development policies and objectives.

file iconSubmission