ISO 37001 Certification In India

ISO 37001 Anti-Bribery Certification 

It is estimated that globally, over $1.5 trillion in bribes changes hands every year. Apart from the negative economic impact, bribery also impacts the whole society as it undermines trust, leads to unfairness, creates inequality, and stifles motivation. ISO joined the global fight against bribery by developing ISO 37001, an international standard that sets out the requirements for an anti-bribery management system (ABMS). 

What is ISO 37001? 

Published in 2016 as a Type A management system standard (MSS), ISO 37001 specifies the requirements and provides guidance for the establishment, implementation, monitoring, maintenance, and continual improvement of an ABMS.  

An ABMS based on ISO 37001 is intended to help organizations effectively prevent, detect, and respond to bribery. Other forms of corruption, such as fraud, are not covered by the standard. The requirements of the standard are generic and applicable to all organizations, regardless of their type, size, and sector (public, private, or not-for-profit). Furthermore, ISO 37001 can be used to tackle bribery by or of the organization as well as direct and indirect bribery. 

ISO 37001 benefits to organizations 

Implementing an ABMS based on ISO 37001 can be a good strategic decision to demonstrate an organization’s commitment to effectively prevent, detect, and respond to bribery. Organizations seeking an effective ABMS will have to demonstrate their commitment to prevent bribery by establishing policies, procedures, and controls which contribute in reducing bribery risks. Nevertheless, the requirements of ISO 37001 are generic; therefore, organizations will have plenty of freedom to establish an ABMS which best suits their needs.  

Some of the benefits that organizations would obtain by implementing an ABMS based on ISO 37001 include: 

Improved ability to detect, prevent, and respond to bribery by or of the organization 

Opportunity to certify the ABMS by undergoing a conformity assessment from an accredited conformity assessment body 

Establishment of processes that allow proper due diligence of prospective personnel and business associates 

Opportunity to contribute in the global fight against bribery 

Opportunity to shape, improve, or transform the culture of an organization 

Improved ability to respond, mitigate, and deal with the consequences if a bribery case occurs 

In certain jurisdictions, the existence of an internal mechanism to address bribery issues can reduce penalties in cases of wrongdoing. 

Why is ISO 37001 Standard important for you? 

ISO 37001 fills in as a system in the precaution of authoritative uprightness and battles remuneration related dangers and to energize an OK business culture. It encourages associations to anticipate, distinguish and react to remuneration and consent to against anti-bribery-laws and intentional duties relevant to its exercises. 

Turning into an ISO 37001 certified proficient encourages you to separate yourself with exhibited against gift skill and simultaneously separate your organization from rivals. This standard is proposed to control, distinguish, identify and react to conceivable remuneration dangers. The necessities of this standard empower the associations to execute an enemy of gift system and set up compelling enemy of pay off strategies and procedures. 

Why choose CDG? 

Internationally recognized, CDG certifications represent peer recognition and demonstrate your professional capabilities. Our ISO 37001 Lead Auditor and ISO 37001 Lead Implementer certificates are accredited by IAS. The IAS Accreditation Mark provides additional value to the certificate and allows you to capitalize on the worldwide recognition that IAS holds.