PACI has become the leading business voice on anti-corruption and transparency. It is one of the Forum’s strongest cross-industry collaborative efforts and is creating a highly visible, agenda-setting platform by working with business leaders, international organizations and governments to address corruption, transparency and emerging-market risks. Under the leadership of PACI Vanguard CEOs, the community is expanding rapidly and now focuses on implementing a global anti-corruption agenda.
Driven by identified needs and interests of PACI Member companies, PACI undertakes initiatives to address industry, regional, country or global issues in anti-corruption and compliance.
Regional Initiatives – High-level business-government-civil society meetings are held across emerging and high-growth markets on the key drivers of corruption and emerging trends that support the fight against corruption. In 2014, strategic dialogues on anti-corruption were held in the Philippines and Nigeria; and at a special session at the India Economic Summit linked to the PACI Vanguard agenda.
Industry Projects – Collective Action in the Infrastructure and Real Estate Industries: An in-depth review of corruption and transparency challenges in the infrastructure and real estate industries through a dialogue series and supporting risk analysis. The objective of this multi-year collaborative project (currently Building Foundations for Transparency) is to achieve CEO-level commitment to a mutually developed framework for collective action on sector-specific priorities.
Global Agenda Council on Transparency & Anti-Corruption
In the 2014-2016 term, the Global Agenda Council on Transparency & Anti-Corruption will support large-scale transformation by identifying and advancing the core levers of change, such as B20 collective action hubs, and harmonizing legal framework to design corruption out of the system at global, regional and industry levels. The council will continue its efforts through focused workstreams to increase awareness and greater public education on this issue through social media, educational programmes and other mechanisms. For more information about the council, visit the webpage here.
B20 Task Force on Anti-Corruption
This year the B20 Turkey continued to focus on priority areas pursued under the Australian presidency of 2014 to reflect the Turkish G20 presidency’s focus on boosting economic growth and creating jobs. Anti-corruption is one of those priority areas and the Turkish B20 presidency decided to dedicate a separate task force for anti-corruption. The Anti-Corruption Task Force (ACTF) has more than 70 members who are mostly senior executives from business, business associations and professional services firms. The ACTF is also assisted by EY as Knowledge Partner and the World Economic Forum and International Chamber of Commerce (ICC) as Network Partners. The membership is broadly representative of the G20 countries.
PACI, curates the body of knowledge generated from the B20 either through industry-specific projects or through the Global Agenda Council on Transparency & Anti-Corruption and incubates some of the most forward-looking projects that the community could implement while strengthening relationships with other, highly reputable organizations through public-private cooperation.
The aims of the initiative are to:
The Building Foundations for Transparency project comes at a critical time when governments are making concrete steps to tackle corruption in public processes including public procurement...
Bribery and corruption exist across all industries, but the engineering, construction and real estate sectors are particularly at risk, given the size, complexity and strategic importance...
The Safeguarding Aviation and Travel Value Chains Project has created a safe space for leading aviation and travel companies to review and analyse the transparency and corruption challeng...