Business thrives in peaceful environments with effective institutions where operating costs are predictable and working environments are stable. Failure to implement responsible business practices can result in additional costs and risks (financial, legal, reputational) to the business itself, and, can exacerbate tensions and instability in society and undermine the rule of law. Corruption causes inefficiencies in markets because it renders transaction costs uncertain, is anti-competitive, and hampers businesses’ ability to comply with human rights and other obligations. By contrast, a responsible business can through its core business, strategic social investment, public policy engagement and collective action make meaningful contributions to lasting peace, development and prosperity while ensuring long-term business success. Among other things, businesses can commit to working with governments and civil society to eliminate corruption in all its forms and to support strengthening of the rule of law. By focusing on the ways responsible business contributes to advancing these three dimensions of sustainable development; conducting business responsibly in high-risk areas, fighting corruption, and respect and support for the rule of law- business can contribute to more peaceful and inclusive societies, and support effective and accountable institutions.