Partnering Against Corruption Initiative (PACI)

World Economic Forum

Partnering Against Corruption Initiative (PACI)

Mission

Raise business standards and to contribute to a competitive, transparent, accountable and ethical business society.

Goals

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. Its 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.

Activities

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.

Start Year

Status

  • active
    The initiative or project is currently being worked on.

Countries Operations

    Countries Host

    Scope

    • global
      Initiative that is explicitly global in focus and mandate - i.e. not pertaining to specific countries.

    Industry

    Stakeholders

    • Private sector
      Privately owned commercial (for-profit) entities of all sizes, including SMEs
    • Civil society
      non-governmental organisations (national or international), foundations funded by private entities, faith-based organisations, Professional associations, Industry associations, Chambers of Commerce, Local Global Compact Networks

    Type

    • Engagement-focused initiative
      Joint declarations of intent, Joint capacity and learning initiatives, Industry-specific working groups, Joint events/awareness raising, Joint activities and integrity tools

    Linked resources

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