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.