principles for countering bribery world economic forum partnering against corruption paci

Partnering Against CorruptionPrinciples for Countering Bribery

An Initiative of the World Economic Forumin partnership withTransparency International andthe Basel Institute on Governance

PACI_mise.qxd 3.6.2008 14:32 Page C1

The views expressed in this publication do notnecessarily reflect the views of the World EconomicForum.

World Economic Forum91-93 route de la CapiteCH-1223 Cologny/GenevaSwitzerlandTel.: +41 (0)22 869 1212Fax: +41 (0)22 786 2744E-mail: [email protected]

© 2005 World Economic ForumAll rights reserved.No part of this publication may be reproduced or transmitted inany form or by any means, including photocopying and recording,or by any information storage and retrieval system.

REF 180/08


COMMITMENT TO ANTI-CORRUPTION

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For further information regarding the validation of the signature, please contact [email protected]

PACI_mise.qxd 3.6.2008 14:32 Page p1

Partnering Against Corruption Initiative (PACI)

QQuueessttiioonnnnaaiirree ffoorr NNeeww PPAACCII SSiiggnnaattoorriieess

Companies submitting the signed support statement to the Partnering Against Corruption –Principles for Countering Bribery must also submit the following information:

1) Company Information

AA)) AAnnnnuuaall ttuurrnnoovveerr::

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ii)) IIss tthhee ccoommppaannyy aa ssuubbssiiddiiaarryy?? IIff yyeess,, ooff wwhhoomm::

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HH)) SShhoorrtt pprrooffiillee ooff ccoommppaannyy aaccttiivviittiieess ((22--33 sseenntteenncceess))::

2) Signatory Information

AA)) FFiirrsstt nnaammee::

BB)) LLaasstt nnaammee::

CC)) TTiittllee ((MMrr//MMrrss//MMss//DDrr//PPrrooff..))::

DD)) PPoossiittiioonn::

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3) On a separate sheet, describe specific action(s) your company currently undertakes to fightcorruption and attach any documents that support your statement.

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TThhee PPaarrttnneerriinngg AAggaaiinnsstt CCoorrrruuppttiioonn IInniittiiaattiivvee ((CCFFRR//VVWWEE)),, WWoorrlldd EEccoonnoommiicc FFoorruumm,, 9911--9933,, rroouuttee ddee llaa CCaappiittee,, CCHH--11222233 GGeennèèvveeFFaaxx:: ++4411 ((00))2222 778866 22774444

For further information regarding the validation of the signature, please contact [email protected]

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Foreword

The Partnering Against Corruption - Principles for Countering Bribery (“PACI Principles”) are the product of atask force constituted by member companies of the World Economic Forum in partnership with TransparencyInternational and the Basel Institute on Governance.

A precursor version of these PACI Principles was issued in January 2004 for the Engineering andConstruction sector. They were subsequently broadened to allow for multi-industry support from membercompanies and non-member companies of the World Economic Forum. Also in January 2004, the WorldEconomic Forum’s Initiative entitled Partnering Against Corruption Initiative (“PACI”) was constituted toadvance the process.

We believe the time is right for issuance of these PACI Principles and that their widespread adoption will raisestandards across industries and contribute to the goals of good governance and economic development.Companies that adopt these PACI Principles will be committing to two fundamental actions – the adoption of a“zero tolerance” policy on bribery and the development of a practical and effective programme of internalsystems and controls for implementing that policy. In practical terms, this will mean either implementing anti-bribery practices based on these PACI Principles or, for companies with established programmes, using thePACI Principles to benchmark existing practice.

This document has been designed to provide international companies with practical guidance and a referencepoint for developing their own implementation policies and procedures for countering bribery. Future efforts willfocus on the development of an implementation programme to secure commitment and sustainable adherenceto the PACI Principles across our respective industries and to work with public and private sector institutions totake complementary steps.

The PACI Board wishes to thank all those whose contributions made the successful completion of thisimportant industry initiative possible.

Peter Bakker, Chief Executive Officer, TNT NV, Netherlands

Alan Boeckmann, Chairman and Chief Executive Officer, Fluor Corporation, USA

Samuel DiPiazza, Jr., Global Chief Executive Officer, PricewaterhouseCoopers, USA

Hassan Marican, President and Chief Executive Officer, PETRONAS (Petroliam Nasional), Malaysia

Richard O’Brien, President and Chief Executive Officer, Newmont Mining Corporation, USA

Jermyn Brooks, Director, Private Sector Programmes, Transparency International, Germany

Mark Pieth, Chairman, Working Group on Bribery, OECD, Paris, and Chairman of the Board, Basel Institute onGovernance, Switzerland

Richard Samans, Managing Director, World Economic Forum, Geneva


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The Partnering Against Corruption - Principles for Countering Bribery (PACI Principles) have been derivedfrom Transparency International’s Business Principles for Countering Bribery.

This derivation process was driven by the following Engineering & Construction member companies ofthe World Economic Forum, and chaired by Alan Boeckmann, CEO of Fluor Corporation:

• ABB Asea Brown Boveri • AMEC• Fluor Corporation • Halcrow Group • Hilti Corporation • Hochtief• The Morganti Group • Obayashi Corporation • Skanska• SNC-Lavalin International

Furthermore, the following companies contributed to the drafting of the PACI Principles:

• ABB Asea Brown Boveri • Alcan• Chevron Texaco• Eskom• Fluor Corporation • Hochtief• Japan National Oil Corporation • Newmont Mining Corporation • Occidental Petroleum Corporation • Pakistan State Oil Company • PETRONAS (Petroliam Nasional) • Saudi Aramco • Skanska• Statoil Group

Facilitators:

• Basel Institute on Governance • Transparency International • World Economic Forum

Legal support provided by:

• NXG Global Law & Compliance

Acknowledgements


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The World Economic Forum is an independentinternational organization committed to improvingthe state of the world by engaging leaders inpartnerships to shape global, regional andindustry agendas.

Incorporated as a foundation in 1971, and basedin Geneva, Switzerland, the World EconomicForum is impartial and not-for-profit; it is tied tono political, partisan or national interests.(www.weforum.org)


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