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An example based on our implementation of the World Economic Forum's PACI principles through our "Ethics = Competitiveness" program.  It is available for free use subject to the terms of a "Creative Commons" license  referenced within.

Download the Anti-Corruption manual.



This training presentation accompanies the above manual as part of the "Ethics = Competitiveness" program.

Download the training presentation.
The World Economic Forum’s Partnering Against Corruption Initiative (PACI) at SOPOLEC
"SOPOLEC does not believe corruption is an inevitable or unavoidable part of doing business. Ethical behavior provides more than moral dividends.  It is an essential element in driving us to stay innovative and competitive in a demanding global business environment."
Steven Borncamp
Managing Director SOPOLEC
  • What is PACI?
The Partnering Against Corruption Initiative is a business driven global anti-corruption initiative which commits corporate leaders to action. It was officially launched in Davos, Switzerland at the World Economic Forum Annual Meeting in 2004; bringing together companies in multiple industries from around the world. Companies signing the PACI document commit to having a zero tolerance policy towards bribery and to developing and implementing or maintaining a broad-based, anti-corruption program to guide the behavior of their employees.1
  • Why is SOPOLEC a signatory?
SOPOLEC strongly supports the principles of PACI. It maintains a zero-tolerance policy on bribery and strives to prevent all actions of bribery and to stimulate a climate of transparency, ethical conduct, honesty, and fairness. We intend to make SOPOLEC known globally as a firm of integrity and ethical business practices. 

SOPOLEC believes that a healthy, corruption free business environment is paramount to innovation and true value creation in the market place and represents a pre-condition to sound and vigorous economic development. It also provides the necessary framework whereby talent, creativity, commitment, professionalism and hard work can become the keystones of competitive advantage and success.

SOPOLEC considers that ethical behavior is not only the right thing do but also a sound business choice. In an era of globalization, where information and communication have melted time and space barriers, reputation is an asset of utmost importance. The ability of a company, CEO or employee to say one thing but do another, decreases dramatically. Corruption and unethical behavior can ruin the reputation of companies not only at the place and time when it occurs but also across places and time.  As many examples in the business world have shown, unethical behavior can be extremely damaging and costly for a company.  The costs of unethical behavior can range from revenue losses due to customer defections and lost sales to higher funding costs imposed by lenders and investors, higher recruiting costs stemming from the damage to the firm’s reputation and missed opportunities due to management distraction and the need to focus on a major non-value-added activity.
 
SOPOLEC is a member of the American Chamber of Commerce and a signatory to the World Economic Forum's Partnering Against Corruption Initiative.
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