ISO 37001 ANTI-BRIBERY MANAGEMENT SYSTEM
Investors, business partners, employees, and shareholders all need assurance that management is making every effort to prevent misconduct at every level of the organization. The ISO 37001 standard is designed to help organizations implement and maintain a proactive anti-corruption and anti-bribery management system.
While bribery and corruption constitute significant barriers to international trade on a global scale, they also have a highly negative impact on employee morale within organizations. When a company is competent in preventing and detecting bribery, the risk of improper conduct is reduced, and if such risks do occur, they can be identified and managed at much earlier stages compared to other organizations.
An anti-bribery management system is designed to embed an anti-bribery culture within an organization and to increase the ability to recognize how bribery may arise by implementing appropriate controls, thereby reducing its impact from the outset.
Benefits of ISO 37001
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Provides minimum requirements and supporting guidance for implementing an anti-bribery management system,
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ISO 37001 certification assures management, investors, business partners, employees, and other stakeholders that appropriate measures have been taken to prevent bribery,
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Implementation and certification can be used as evidence of due diligence in the event of disputes,
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Follows the same high-level structure as ISO 9001, ISO 14001, and ISO 45001, enabling easy integration with existing management systems,
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During certification audits, auditors identify opportunities for improvement and provide recommendations to enhance the effectiveness of the anti-bribery management system,
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Helps combat bribery,
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Promotes an ethical business culture,
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Improves the performance of affected processes,
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Demonstrates employees’ commitment to best practices in anti-bribery efforts,
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Monitors and manages bribery-related risks throughout the organization,
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Demonstrates that the organization implements, maintains, and improves its anti-bribery compliance program,
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Protects the organization, its assets, shareholders, and executives from bribery-related risks.