Once again, Denmark has been ranked as least corrupt country. According to the 2015 Fraud survey by Ernst & Young, Denmark is the least corrupt country in Europe, Middle East, India and Africa (EMEA), which is in line with the recent ranking of Denmark as the world’s least corrupt country.
Sustainable growth relies on ethical business conduct. According to the survey, there is a link between countries having an anti-bribery policy and revenue growth. Denmark is in the lead when it comes to ethical business behavior and is the least corrupt country in the EMEA, with only four percent of the Danish respondents stating that bribery or corrupt practices happen widely in business.
Recently, Denmark was ranked least corrupt country in the world by the Transparency International’s study of corruption worldwide, which focuses on the perception of corruption in the public sector. Denmark took first place with a score of 92 out of 100, with New Zealand, Finland, Sweden and Norway rounding out the top 5. More than two thirds of the countries surveyed scored below 50.
“Denmark’s consistent top-ranking as the least corrupt country in the world is an important parameter for many international companies considering investments in Denmark. Corruption has a negative and significant effect on investment growth in many countries, and I am therefore pleased that Transparency International’s most recent study confirms Denmark’s credentials. Our well-functioning public sector continues to set us apart as an attractive investment destination”, says Dorte Bech Vizard, Director of Invest in Denmark.
Denmark is highly concerned with sustainability and innovation, and has also been ranked no. 7 in WEF Human Capital Index 2015, emphasizing its innovative skills.
Copenhagen is well known as a safe and clean city and was named the greenest city in the world by the Global Green Economy Index, as well as being ranked one of the most dynamic European cities by the City Momentum Index (CMI).