Pacto Ético y Cumplimiento (PEC)
Pacto Ético y Cumplimiento (PEC)
Mission
Promote principles of business ethics in Paraguay
Goals
Pacto Ético y Cumplimiento (Ethics and Compliance Pact, PEC) s a non-profit civil association that brings together efforts and initiatives from the private sector to promote principles of business ethics in Paraguay.
PEC provides certification of companies' business ethics programmes.
Stakeholders
PEC was founded in a joint effort between the Paraguayan American Chamber of Commerce (AmCham) and the Chamber of Advertisers of Paraguay (CAP), with support from the United States Embassy.
Activities
Key activities include:
- Providing educational initiatives and training sessions to enhance awareness and understanding of ethical business practices among members
- Hosting events focused on promoting ethical business practices, encouraging formalizstion of the economy, and strategies for preventing and combating corruption
- Developing mechanisms for evaluating and certifying the compliance behavior of member companies
- Serving as a platform to coordinate and consolidate efforts of private sector initiatives related to business ethics and facilitating collaboration and knowledge-sharing among stakeholders to drive Collective Action towards ethical business practices
- Providing resources and tools to support companies in adopting and implementing responsible business practices
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Start Year
Status
- activeThe initiative or project is currently being worked on.
Countries Operations
Countries Host
Scope
- nationalInitiative that operates in and focuses mainly on one country, whether on a national or sub-national level.
Industry
Stakeholders
- Private sectorPrivately owned commercial (for-profit) entities of all sizes, including SMEs
- Civil societynon-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
- Assurance-focused initiativeCompliance certification approaches, Compliance monitoring mechanism including reporting mechanism
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