Partnering Against Corruption Initiative
In an effort to combat global corruption, the World Economic Forum Partnering Against Corruption Initiative (PACI) was formally launched by CEOs from the Engineering & Construction, Energy and Metals and Mining industries in January 2004. PACI is business driven global initiative with commitment from the top.
The PACI's mission is to develop multi-industry principles and practices that will result in a competitive level playing field, based on integrity, fairness and ethical conduct. The PACI places the private sector in a unique position to guide governments' and international organizations' strategies and policies on anti-corruption and has built strong relationships with the key players and institutions from the global anti-corruption landscape.
The PACI Principles for Countering Bribery, create a common language on corruption and bribery valid for all industries firmly believing that corruption can not be countered without leadership and commitment from the top. The PACI is based on CEO commitment to zero-tolerance towards bribery and commitment to implement a practical and effective anti-corruption program within the company - or for companies that already have a program in place to benchmark the existing program against the PACI Principles.
PACI is a multistakeholder initiative which works with a number of organizations including:
PACI is also partnering with the American Chamber of Commerce in Romania and the Ethos Institute of Business and Social Responsibility/the Business Pact for Integrity and Against Corruption.
PACI today is truly multi-sectoral (with signatories beyond the three originating sectors) and fully inclusive, meaning that all companies are invited to join PACI regardless of their size, country of origin or affiliation with the World Economic Forum.
Video interviews
Annual Meeting 2007
Speaking on the sidelines of the World Economic Forum's Annual Meeting 2007 in Davos, PACI Board Member Wayne W. Murdy explains why companies should join the anti-corruption initiative and what makes PACI unique.
Watch the video
PACI Board Member Jermyn Brooks
Discusses the anti-corruption initiative on the sidelines of the World Economic Forum's Annual Meeting 2007 in Davos.
Watch the video
World Anti-Corruption Day 2006
Speaking on the occasion of World Anti-Corruption Day, PACI board member Professor Mark Pieth talks about the initiative, its goals and achievements.
Watch the video
Private sector's role in fighting corruption
Alan Boeckmann, Chairman and CEO, Fluor Corporation, comments on PACI, his company's involvement in the initiative and how the private sector can play a role in the fight against corruption. Watch the video I Transcript (PDF)
PACI Board
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Peter Bakker, CEO, TNT NV, Netherlands
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Alan L. Boeckmann, Chairman and CEO, Fluor Corporation, USA
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Cobus de Swardt, Managing Director, Transparency International, Germany
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Tan Sri Hassan Marican, President and CEO, Petronas, Malaysia
- Richard O'Brien, President and CEO, Newmont Mining Corporation, USA
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Mark Pieth, Chairman, Working Group on Bribery, OECD, Paris
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James S. Turley, Chairman and Chief Executive Officer, Ernst & Young, USA
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Richard Samans, Managing Director, World Economic Forum
How to get involved
For more information please contact paci@weforum.org
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