The Partnering Against Corruption Initiative (PACI) was initiated during the World Economic Forum annual meeting in 2005. It consists of two basic principles, which the signatories are committed to follow:
- A zero-tolerance policy towards bribery
- Development of a practical and effective implementation program
The principles are derived from Transparency International’s Business Principles for Countering Bribery, which Hydro has been actively involved in developing.
Hydro signed on to the PACI in 2005.
Partnering Against Corruption Initiative
