Tom, Lee's ex-boyfriend, is a new shareholder and junior manager of Nick Nacks Ltd. (NN), a fintech company in Adelaide that trades mainly in cryptocurrency. NN employs twenty permanent staff and also employs workers on a casual basis from overseas to maintain active trading 24 hours a day (the casuals mostly trade at night). Due to many of the workers being based in the Philippines and Indonesia, NN is able to reduce its costs by paying very low wages, often below the minimum wage of those countries.

Recently, Tom received news that one of their casual employees in Philippines was being investigated for identity theft. Tom's fellow business owners are very concerned about news reports that may link the employee to NN. Cathy, the major shareholder of NN tells Tom that they'd best find a way to 'shut the whole thing down' or NN were going to lose many customers. Cathy decides to call her friend Carlos in Manila, and asks him to find the employee and to offer them 20,000 pesos to not mention NN to the authorities. Further to this, she asks Carlos to speak to his (Carlos's) uncle, a senior constable for the Manila Police to 'help' keep NN out of the investigation. She tells Carlos that NN will pay his uncle handsomely for his help. Tom is very uncomfortable with Cathy's strategy in protecting NN's reputation, but being the youngest and newest manager (having just joined after moving from Gold Coast), he decides it would be best to just 'go along with everything' and not interfere.

Imagine that you work for Global Compact Network Australia, and are presenting to small to medium size businesses in Adelaide (including NN). Drawing on your experience and understanding of the Ten Principles of the UN Global Compact, how would you advise about Tom's situation.

Please cite specific principles and related international conventions in your advice.

Note: Research is required for this scenario. This particular question focuses specifically on ULO4 - which requires students to recognise that international legal standards have a bearing on commercial practises in Australia.