Fighting Corruption Makes Good Business Sense

Companies and senior officers increasingly acknowledge the business rationale for proactively engaging in fighting corruption. 

Financial Incentives

• Corruption increases the cost of doing business globally by up to 10% on average
• Maintain good standing for public bidding
• Avoid substantial fines and penalties 

Legal Incentives

• The legal framework has been strengthened and corruption law enforcement has increased
• Companies, CEOs and board members are increasingly held liable for acts of corruption committed by employees 

Ethical Incentives

• Doing business with integrity attracts and retains principled, motivated employees and ethically-oriented investors 

Socio-Economic Incentives

• Estimated that more than US$ 1 trillion is paid in bribes annually
• Corruption is a collective action problem, which distorts markets, stifles growth, debases democracy and undermines the rule of law 

Benefits of Joining PACI

• Access a best practice anti-corruption management system framework, including a suite of implementation tools
• Demonstrate to board members, employees and governments the seriousness of your company’s commitment to avoiding bribery
• Benefit from peer exchange and learning opportunities for your company’s senior compliance executives
• Continuously improve and benchmark your company’s systems in relation to global best practice
• Engage in collective action with your industry, suppliers and other partners to create a level, ethical playing field in key sectors and markets
• Influence the evolving regulatory framework through industry dialogue with governments 

See who has already already signed up to the fight against corruption.

Read an overview of PACI, it's activities and the benefits of fighting corruption.

How to Join in Fighting Corruption

All companies willing to display leadership are welcome to join PACI, regardless of their affiliation with the World Economic Forum.

• CEO signature of the PACI anti-corruption statement, committing to implementing a company-wide anti-corruption programme following the PACI Principles for Countering Bribery
• PACI membership is subject to unanimous PACI board approval
• No membership fees 

PACI Success Story

Challenge
Ongoing demand for small facilitation payments at customs at border crossings resulted in CEOs agreeing to engage with peers in the logistics and transport industry to develop collective solutions. 

Process
Industry-specific, operational-level dialogue between leading industry players identified common challenges and potential solutions.
The concept of a country-specific pilot with the potential to be replicated in other relevant countries was developed and agreed on. 

Solution
PACI-facilitated pilot programme was initiated, with involvement from the logistics and transport industry and the World Customs Organization to increase transparency and improve the effectiveness and efficiency of Vietnamese customs. 

The Tools to Fight Corruption

Enabling companies and board members to develop and implement effective anti-corruption systems:

• PACI Principles for Countering Bribery: Practical guide for developing internal anti-corruption programmes
• PACI Self-Evaluation Tool: Comprehensive self-assessment tool to evaluate the effectiveness of internal anti-corruption programmes
• External Verification Tool: Voluntary framework for independent assessment of anti-corruption programmes (in development) 

Other Resources

• Business Case Against Corruption: Argument for why companies should fight corruption
• RESIST: Company training tool with 22 real-life extortion scenarios and solutions 

PACI Board Members

• Tom Albanese, Chief Executive, Rio Tinto
• Steve Almond, Global Chairman, Deloitte Touche Tohmatsu Limited
• Cobus de Swardt, Managing Director, Transparency International
• Marie-Christine Lombard, Chief Executive Officer, TNT Express
• Mark Pieth, President, Basel Institute on Governance; Chair, OECD Working Group on Bribery
• David Seaton, Chief Executive Officer, Fluor Corporation

To become a PACI signatory, fill in the PACI Commitment Statement. 

For more information, please contact paci@weforum.org.