International, Switzerland

Partnering Against Corruption Initiative (PACI)

World Economic Forum

Read time: Less than a minute - 176 words

Partnering Against Corruption Initiative (PACI)

The World Economic Forum Partnering Against Corruption Initiative (PACI) is a global, multi-industry, multi-stakeholder anti-corruption initiative set up to raise business standards and to contribute to a competitive, transparent, accountable and ethical business society. The goals are to:

  • Selectively engage in global policy-shaping activities, leveraging the CEO-level voices of PACI to define a true level playing field.
  • Engage in a limited number of high-impact Collective Action activities in partnership with engaged governments and PACI members.
  • Ensure that PACI continues to facilitate the development and sharing of best-practice case studies.

The initiative asks business leaders to sign a set of Principles, thereby committing to a zero tolerance policy towards bribery and corruption and agreeing to establish an internal anti-corruption programme.

Through signing onto the PACI Principles, companies show their commitment to the design and implementation of anti-corruption policies, benchmarking of best practices in an environment of peer-learning and exchange, and levelling the playing field among competitors through entering into Collective Action with assorted stakeholders.

This information is gathered from open-source data and in some cases has been provided by initiative facilitators. We cannot guarantee the accuracy or completeness of the information and do not take responsibility for decisions made on the basis of it. Please inform us of any errors by emailing us.

Year

Further Information

Related Initiatives