Glossary of Key Terms

• Compliance: Adhering to legal rules, regulations, standards, and ethical principles.
• Legal Requirements: Mandatory rules, regulations, and laws that organizations must follow.
• Ethical Principles: Moral guidelines that go beyond legal requirements, emphasizing what is right and just.
• Integrity: Acting honestly and ethically in all business dealings and interactions.
• Transparency: Being open and accountable in decision-making processes, ensuring clarity and accessibility.
• Fairness: Treating all stakeholders equitably, without favoritism or bias.
• Responsibility: Taking ownership of one’s actions and their consequences.
• Financial Regulations: Legal rules governing accounting, reporting, and anti-money laundering practices.
• Environmental Regulations: Laws designed to protect the environment from pollution and other harms.
• Data Privacy Regulations: Rules intended to safeguard the personal information of individuals.
• Labor Laws: Laws ensuring fair employment practices and worker's rights.
• Anti-Corruption Laws: Rules prohibiting bribery and other forms of corruption.
• Stakeholders: Individuals, groups, or organizations that are affected by, or can affect, the activities of a business or project.

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