Siemens funds seven anti-corruption projects as part of global integrity initiative

Siemens funds seven anti-corruption projects as part of global integrity initiative
Banking & Financial Services
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Anthony Casciano, President | Siemens Financial Services

Siemens has announced the continuation of its Integrity Initiative, reinforcing its commitment to combating corruption on a global scale. The company will fund seven new projects, each receiving between 1.2 million and 2 million euros over a period of three to four years. This effort is part of Siemens’ DEGREE targets, which aim to train 50,000 people and implement 30 Collective Action initiatives by 2030.

The organizations selected for this funding round include the Basel Institute on Governance in Switzerland, the International Anti-Corruption Academy (IACA) in Austria, the Maritime Anti-Corruption Network (MACN) in Denmark, the Organization for Economic Co-operation and Development (OECD) in Paris, the Transparency International Secretariat (TI) in Berlin, the United Nations Global Compact (UNGC) through the Foundation for the Global Compact in New York, and the United Nations Office on Drugs and Crime (UNODC) in Vienna.

According to Shawn Teixeira, Head of the Siemens Integrity Initiative: “Our expert Integrity Partner organizations will innovate thematically diverse and ambitious project activities aligned with emerging trends aimed at strengthening policy frameworks and value chains, building trust and enabling ethical mindsets for current and future leaders in over 30 countries.”

Julianne Altieri, Head of International Financial Institutions & Collective Action added: “We know that corruption corrodes the fabric of society. For over 16 years Siemens has worked towards creating a level playing field for business globally through Collective Action, supporting the fight against fraud and corruption through multi-stakeholder engagement in order to drive systemic change and sustainable growth”.

Collective Action is included as a strategic element within Siemens’ Business Conduct Guidelines. The latest funding follows an evaluation process where short-listed organizations from a previous funding round were invited to submit proposals earlier this year. Project activities began in October 2025.

More information about Siemens' efforts can be found at their official page on Siemens Integrity Initiative and Collective Action.