Updated February 7, 2017
As part of its initiative to advance commercial transparency in the shipping industry, Worldwide Project Consortium (WWPC) has received TRACE certification as a step to bring information and awareness of anti-corruption tools and solutions to project cargo forwarding companies. WWPC assist TRACE to bring information to the members of the WWPC network and thus contribute to the project cargo forwarding industry to mitigate risks with customers and clients all over the world and to conduct business in a transparent and ethical manner.
“TRACE has successfully completed a TRACE certification due diligence review of Worldwide Project Consortium Ltd. TRACE has granted Worldwide Project Consortium Ltd a certificate signifying that the company has completed internationally accepted due diligence procedures and has been forthcoming and cooperative during the review process. TRACE certification underscores Worldwide Project Consortium Ltd’s commitment to transparency in international commercial transactions.”
TRACE International is a non-profit business organization that pools resources to provide members with anti-bribery compliance support. TRACE members include hundreds of multinational corporations, as well as thousands of small and medium-sized enterprises throughout the world, working to increase transparency in international business transactions. TRACE International is the world’s leading anti-bribery standard setting organization and works with TRACE Incorporated to offer both members and non-members customizable due diligence, training and advisory services. With a shared mission to advance commercial transparency, TRACE International and TRACE Incorporated provide companies with one complete anti-bribery and third party compliance solution.
The WWPC network Director, Wolfgang Karau, said:
“We are proud and pleased to have achieved this important certification for the WWPC. In the membership conference in Fuengirola (Malaga), Spain, May 2016, the President of the TRACE Organization, Mrs. Alexandra Wrage, addressed the conference attendees with a presentation about TRACE.”