Corruption is ‘the abuse of entrusted power for private gain’ (Transparency International) and can be instigated by individuals or organizations. In the Guidelines, corruption includes practices such as bribery, facilitation payments, fraud, extortion, collusion, and money laundering. It also includes an offer or receipt of any gift, loan, fee, reward, or other advantage to or from any person as an inducement to do something that is dishonest, illegal, or a breach of trust in the conduct of the enterprise’s business (these definitions are based on Transparency International, ‘Business Principles for Countering Bribery’, 2011). This may include cash or in-kind benefits, such as free goods, gifts, and holidays, or special personal services provided for the purpose of an improper advantage or that may result in moral pressure to receive such an advantage. Source: https://g4.globalreporting.org/introduction/glossary/Pages/default.aspx