ISO 37001
ANTI-BRIBERY MANAGEMENT SYSTEM
The ISO 37001 standard was published in 10/2016 and provides the requirements for an enterprise to implement, maintain and improve an anti-bribery system, promoting an ethical business philosophy.
It includes measures and controls based on good practice and aims to cultivate a corporate culture against bribery. It is implemented by all enterprises and can be compatible with procedures, processes and control measures that exist according to existing management systems (e.g. quality management system according to ISO 9001).
It includes measures and controls based on good practice and aims to cultivate a corporate culture against bribery. It is implemented by all enterprises and can be compatible with procedures, processes and control measures that exist according to existing management systems (e.g. quality management system according to ISO 9001).
Bribery is one of the most complex and difficult issues plaguing the international
economy and society. According to the World Bank, more than $1 trillion is paid each year worldwide in bribes, posing significant problems to international trade,
political stability and business viability.
BENEFITS FROM THE IMPLEMENTATION OF ISO 37001
The main benefits of implementing an anti-bribery management system according to the ISO 37001 standard
are the following:
are the following:
- Reducing the risk of bribery taking place
- Gaining a comparative advantage in the market, especially for businesses dealing with public services
- Providing proof to interested parties that the company has taken all the necessary measures to avoid bribery
- It is a useful tool for formulating and managing a company’s sustainability strategy
- Mobilization and active participation of staff
- Added value to the principles of sustainability and social responsibility already implemented by a company,
- Cultivating an ethical business philosophy
- Even in the event of a bribery investigation, it provides evidence to interested parties and relevant authorities
- That the business had taken steps to avoid
