CCC Attends Partnering Against Corruption Initiative (PACI) Community Fall Meeting

In New York, USA on November 6, 2018, CCC participated in the Partnering Against Corruption Initiative (PACI) Community Fall Meeting.

The World Economic Forum (WEF), based in Switzerland, is an International Organization for Public-Private Cooperation. The Forum engages political, business and other leaders of society to shape global, regional and industry agendas with the aim of improving the state of the world.

Every year, WEF brings together top business leaders, international political leaders, economists, journalists and celebrities for up to four days to discuss the most serious issues facing the world.

The organization also provides a platform for its members in sector-specific initiatives. One such initiative, that CCC is a founding member of, is the Partnering Against Corruption Initiative (PACI).

In an effort to combat corruption, PACI was launched by CEOs from the engineering, construction, energy, metals and mining industries during the annual meeting that was held in Davos in January 2004. Presently, approximately 140 top companies are members of the PACI initiative. PACI has become the prime business channel on transparency and anti-corruption.

CCC participated in PACI’s fall meeting, which took place 6 November 2018 in New York, USA. The meeting focused on:

• Sharing insights on the latest political and economic challenges that are influencing the anti-corruption agenda globally and exploring new strategies and challenges for breaking the corruption cycle as the world moves to a new universal architecture.
• Exploring the influences of corruption in investment outcomes and the role of decision makers in promoting improvements in anti-corruption and collective actions.
• Solutions to the most pressing challenges on the global anti-corruption agenda key steps for rebuilding trust and integrity into the system.
• The Fourth Industrial Revolution – the threats to integrity posed by technology and how digital solutions can be used to expose and deter corruption.
• Exploring challenges and collaborative international approaches to anti-corruption within the shifting global environment.

Speakers included:

• Neil Bruce, President and Chief Executive Officer, SNC-Lavalin, Canada.
• David Cruickshank, Global Chairman, Deloitte, United Kingdom.
• John Scudder, Vice President, Chief Ethics and Compliance Officer-Latin America, Walmart, Inc., USA.