World Economic Forum (WEF) Partnering Against Corruption Initiative (PACI)
While governmental and non-governmental (NGO) anti-corruption initiatives have made progress, international business must play a decisive role in the fight against global corruption.
Fluor is a founding member of PACI, the only global business-driven, multi-industry anti-corruption initiative.
PACI commits companies to action by implementing zero-tolerance policies toward bribery and corruption and maintaining broad-based anti-corruption programs to guide the behavior of their employees. Launched in 2004, PACI has more than 80 signatory companies from multiple sectors and global locations representing revenues of more than US$500 billion and reaching more than 1.4 million employees worldwide. PACI offers a risk-mitigation platform to help companies implement effective policies and systems to prevent, detect, and address corruption.
Fluor served on the Advisory Committee to rewrite the PACI Principles and contributed to the development and launch of the PACI Good Practice Guidelines on Conducting Third-Party Due Diligence.
Fluor remains active serving on the Board and as Board Delegates of PACI.
In 2014, the World Economic Forum launched PACI Vanguard, a community of global CEOs committed to advocating for a stronger anti-corruption agenda. Through collaboration with the Organisation for Economic Cooperation and Development (OECD), the PACI Vanguard CEOs will work to support the implementation of the OECD Convention on Combating Bribery with G20 countries and others.
David T. Seaton, Chairman and CEO of Fluor Corporation, served as the first chairman of the PACI Vanguard initiative.
View more information about the World Economic Forum and PACI
United Nation's Global Compact's 10th Principle on Anti-Corruption
Fluor is a signatory to the United Nation's Global Compact.
B20 Task Force on Transparency and Anti-Corruption
David Seaton, Chairman and CEO of Fluor, has on three occasions served as chair and/or co-chair of the B20 Task Force on Improving Transparency and Anti-Corruption – 2011, 2012 and 2015. The task force focuses on the creation of greater levels of transparency surrounding government procurements; anti-corruption training for small-medium enterprises (SMEs) and public officials; and encouraging the utilization of collective action strategies.
David Seaton has also chaired the work stream on collective action, with the mission of fostering use of collective action strategies as a key mechanism for fighting corruption in each G20 country. In collaboration with the Basel Institute, the United Nations Global Compact and other partners, it created a global B20 Collective Action Hub to serve as a central repository of best practices in collective action worldwide and as a reference to groups that desire to employ collective action strategies in the fight against corruption.