The PACI Principles for Countering Bribery were formulated in 2004 by a core group of chief executives from the World Economic Forum’s Industry Partnership programme who were concerned about the adverse impacts of corruption on business and society, and the need for a coordinated response. The PACI Principles were then, and remain to this day, anchored by a CEO pledge to zero tolerance for bribery in all its forms.

Ten years later, the Partnering Against Corruption Initiative (PACI) operates as a global platform centred on these Principles and works to enable companies to maximize their collective impact in the fight against corruption. Working in collaboration with key stakeholders from government, international organizations and civil society, PACI strives to ensure a level playing field for businesses by fighting corruption and creating markets based on genuine competitive forces.

Published by the World Economic Forum