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Uploaded by on Dec 5, 2008

http://www.weforum.org/paci 09.12.2008
Partnering Against Corruption - CEO Anti-Corruption Appeal

CEOs of the leading global companies and signatories of the World Economic Forum's Partnering Against Corruption Initiative (PACI) appeal for your breakthrough ideas on how to best fight corruption. Record your answer and post it in reply to this video.

This first-ever anti-corruption campaign on YouTube marks the International Anti-Corruption Day on 9 December 2008.

Speaking in the the video are (in order of appearance) Peter Bakker, Chief Executive Officer, TNT, Netherlands; Alan L. Boeckmann, President and Chief Executive Officer, Fluor Corporation, USA; Samuel A. DiPiazza Jr, Chief Executive Officer, PricewaterhouseCoopers International, USA; and Richard OBrien, President and Chief Executive Officer, Newmont Mining Corporation, USA.

The World Economic Forum's Partnering Against Corruption Initiative (PACI) is a global anti-corruption initiative driven by the private sector, bringing together companies from multiple industries throughout the world to fight bribery and corruption. Launched by CEOs from leading global corporations at the World Economic Forum Annual Meeting 2004 in Davos, PACI helps to consolidate industry efforts on the issue and shape the evolving regulatory framework. By becoming a PACI signatory, a company commits to a zero-tolerance policy towards bribery and corruption and agrees to put in place an internal anti-corruption programme that reflects the PACI Principles for Countering Bribery. For further information email: paci@weforum.org

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  • Corruption can't be solved it is human nature. Where there is power there is corruption.  The best way to help reduce corruption is the separation of power. How separation of power works in a global corporation I do not know.

  • Corruption can't be solved it is human nature. Where there is power there is corruption. The best way to help reduce corruption is the separation of power. How separation of power works in a global corporation I do not know.

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  • How about we work on stopping the wholesale looting of the American tax payer by Goldman Sachs and the criminal Federal Reserve system before worrying about other peoples problems.

  • so, these important guys are not willing to give us THEIR best idea to fight corruption? What a wast of time. All they seem to want is 'reward' the people who send them their ideas. It will be shown on a conference.... All they promise, so far, is TAKING our ideas. I think they should pay videomakers and hire people with good ideas and get to work NOW!

  • Most of these multi-national companies actively encourage corruption in developing countries, by paying bribes and doling out favors to corrupt administrators. The recent financial meltdown also points to their complicity in shady financial deals. So, it seems comical that they are trying to *reduce* corruption.

  • Actually, a very successful program has worked in Hong Kong with their ICAC.

    Implemented about 35 years ago, the ICAC has significantly cleaned up the city such that now HK is seen to be cleaner than countries such as the US and Canada.

    Info on the ICAC can easily be gotten on the web

  • The only way for me is to pass a law which severely fines the lawbreakers, and apply it strictly to all parties involved in the corruption. Percentage of the bribes finally to be given to those who most actively contributed to its evidence.

  • True representation can only come when the highest ideal in each human society are lived up to. To correct the abuses of power elsewhere, and the corruption, we must first live up to our principles. Concurrently we must provide aid, especially for the basics so those in poverty can lift themselves up rather than being overburdened with caring for the ill, let alone being ill themselves. And, reverse the disparities between rich and poor on an equitable basis. No more virtual slave labor!

  • True! Here in the U.S., it takes the form of major campaign contributions and lobbying efforts - Elected officials should work for the common good of their constituents, and that can only happen when their support comes from their constituents, not big donors outside the district, nor from donors who can disproportionately contribute to a campaign. I would propose that campaign contributions be limited to 1 days living wage for all donors, and no outside cash. Let the will of citizens rule.

  • what happens is that people in companies or in any other market in the world have become not progresists anymore. Their money and their TRUST is put into what they think is predictable and "under control". Its like they have enslaved THAT which makes the economy to flow. SO when "THAT" gets independent once more and gets free from all the statements, politics, markets policies, and etc, the result for that is the dawnfall of the whole system, just like the 9/11 event...

    how about that?????

  • Well, the thing I came up with is that it seems most of the problems in the world may be because people simply don't know what the right thing to do is, in various situations.

    My opinion is that, if there was some way people can know what to do before they do it, then I think the world or economy would be in a better state and of course each person will be more likely to not do the wrong thing in the first place, which saves themselves and/or others from a lot of problems.

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