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ISO Certifications & Inspections Pvt. Ltd.
ISO 37001 Certification
Anti-bribery management system (ABMS)
DUV ISO CERTIFICATIONS & INSPECTIONS PVT. LTD.
INTRODUCTION
ISO 37001 Certification specifies the requirements & gives guidance for the establishment, implementation, maintenance, monitoring, and continual improvement of an anti-bribery management system (ABMS).
An ABMS based on ISO 37001 Certification is intended to assist the company in effectively preventing, detecting, and responding to bribery. Other forms of corruption, like fraud, are not covered by the ISO standard. The requirements of the ISO standard are generic and applicable to all organizations, regardless of their size, type, and sector (private, public, or non-profit). Furthermore, ISO 37001 Certification can be used to tackle bribery by or of the organization as well as indirect and direct bribery.
This ISO 37001 Certification adheres to the High-Level Structure (HLS) and uses the same terminology as other ISO standards. This means that an anti-bribery management system can be implemented as a standalone management system, as part of a larger compliance management system based on ISO 37301, or as part of a larger management system depending on ISO 9001 Certification, ISO 45001, ISO 22000, ISO 20000-1, ISO 14001, ISO 27001 Certification and other..
WHAT IS THE IMPORTANCE OF ISO 37001 CERTIFICATION (ABMS)?
Following are the points for the importance of ISO 37001 Certification (ABMS) are as –
- ISO 37001 Certification support organizations to sustain & take action against bribery and secure the organization from losing client, goodwill, and closure.
- ISO 37001 Certification anti-bribery management system promotes ethical business practices.
- ISO 37001 standard documentation is a hallmark of trust and quality services as it complies with the laws. The industry holding ISO 37001 certificate infuses more reliability and trust with potential partners or customers.
- One of the advantages of ISO 37001 is that it needs installing, sustaining, enforcing & improving an anti-bribery management system.
- Anti-bribery Management System makes sure transparency. It keeps all the stakeholders informed of the organization’s stand on bribery & follows ethical business practices.
- ISO 37001 offers a management system to identify, prevent and respond to any issue that can harm the organization’s reputation. ISO 37001 delivers training and guidance to make an effective and efficient ABMS.
- Organizations pursuing an anti-bribery management system refuse to pay bribes and save money by not having expensive courses.
Adopting ISO 37001 Certification as a business enabler
ISO 37001 Certification is the best flexible business tool that can be adapted by any site and type of organization in any country, regardless of business kind or bribery risk.
Demonstrating anti-bribery efforts, to control bribery and corruption-risks, are crucial to securing an organization’s reputation and brand value. Compliance with the ISO 37001 Certification can be a key-market differentiator when used to reduce the hazard of unlawful behavior and showcase an organization’s dedication to ethical business practices. ISO 37001 certification is a most valuable credential that can build client and business investor confidence in the organization’s integrity & credibility.
DUV’s international network of ISO auditors allows organizations to work directly with local-ISO experts, to add value and mitigate risks with an IAOS and IAF-accredited ISO 37001 Certification Anti-Bribery Management System certification.
ISO 37001 CERTIFICATION: PRINCIPLES
- CUSTOMER FOCUS
- ANTI-BRIBERY POLICY
- RISK ASSESSMENTS
- DUE DILIGENCY
- PDCA APPROACH
- LEGAL COMPLIANCE
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BENEFITS OF ISO 37001 CERTIFICATION FOR YOUR BUSINESS
WHAT ARE THE BENEFITS OF ISO 37001 CERTIFICATION IN THE ORGANIZATIONS
Implementing an Anti-bribery management system based on ISO 37001 Certification can be a good strategic decision to demonstrate an organization’s commitment to effectively prevent, connect, and respond to bribery. Organizations seeking an effective Anti-bribery system will have to demonstrate their commitment to preventing bribery by establishing procedures, policies, and controls that contribute to minimizing bribery risks. Nevertheless, the needs of ISO 37001 Certifications are generic; therefore, the company will have plenty of freedom to establish an ABMS that top best-suits their requirement.
Some of the advantages that organizations would get by implementing an ABMS based on ISO 37001 Certification include:
Establishment of processes that enable correct due diligence of prospective personnel and business-associates Improved ability to respond, mitigate & deal with the consequences if a bribery case occurs Opportunity to contribute to the international fight against the bribery Opportunity to form, boost, or transform the culture of the company. Opportunity to certify the anti-bribery management system by undergoing a conformity assessment from an accredited conformity assessment-body In certain jurisdictions, the existence of an internal mechanism to address the bribery problem can reduce penalties in cases of wrongdoing Enhanced ability to detect, secure & respond to bribery by or of the company.