By implementing the ISO 37001 Anti-Bribery Management Systems standard, your business may reduce the risk of bribery.
Corruption and bribery pose major threats to all kinds of enterprises globally and have reduced public confidence in trustworthy institutions. As a result, there is a constant push to find instances of misbehaviour and strengthen the application of anti-bribery legislation around the globe. These factors make it unsurprising that organisations and regulatory bodies all around the world are continuing to recognise the ISO 37001 Anti-Bribery Standard.
Organisations can reduce the risk of bribery in their internal operations and throughout their global value chains by implementing ISO 37001. In order to avoid, identify, and resolve bribery risks, it offers a controllable business framework that may lower the expenses incurred by the company as a result of bribery misbehaviour.
Using ISO 37001 as a tool to facilitate business
ISO 37001 is a versatile instrument for business that can be implemented by any size firm, regardless of industry or bribery risk, in any nation.
An organization’s reputation and brand value are vitally dependent on its ability to control bribery and corruption threats through the demonstration of anti-bribery initiatives. When utilised to reduce the danger of unethical behaviour and highlight an organization’s commitment to ethical practises, compliance with the ISO 37001 standard may be a significant differentiator in the marketplace. The ISO 37001 certification is a useful qualification that helps increase investor and consumer trust in the organization’s reliability and integrity.
IPCS network of auditors and consultants allows organisations to work directly with local experts, to add value and mitigate risks with a IPCS partner accredited ISO 37001 Anti-Bribery Management System certification.