ISO 37001 is an effective Anti-Bribery Management System (ABMS) that reduces bribery risk within your organization.  Attaining ISO 37001 Certification offers a number of key benefits to your organization.

Legal Compliance and Upholding Ethical Practices – ISO 37001 provides guidelines for implementing effective anti-bribery measures that comply with national and international laws, reducing the risk of legal penalties.  When you attain this certification, you improve your organization’s compliance with legal mandates.  You also demonstrate your organization’s commitment to ethical business practices, enhancing the organization's reputation among your key stakeholders, such as customers, partners, and regulators.

Competitive Edge and Trust – Earning ISO 37001 Certification can provide your organization a competitive edge, as many clients and partners prefer to work with organizations that have robust anti-bribery measures in place.  Certification to this standard is increasingly being specified as a supply chain requirement.  Customers, investors, and business partners trust organizations with a strong anti-bribery management system, and having attained the ISO 37001 Certification offers objective validation that your organization adheres to high standards of integrity in conducting business, both at home and abroad.

Operational Efficiency and Enhanced Corporate Governance – The ISO 37001 standard encourages the optimization of internal processes and risk reduction, resulting in more efficient operations.  An ABMS promotes transparency and accountability within your organization, strengthening corporate governance, as well as fostering a culture of ethical conduct.

Proactive Prevention and Confidence – Instead of addressing bribery after it occurs, the standard enables your organization to proactively prevent such unacceptable incidents and occurrences.  Obtaining ISO 37001 certification communicates a strong commitment to preventing bribery and offers increased assurance to clients, investors, and stakeholders that your organization upholds the highest standards of conduct.

 

Growing Rate of ISO 37001 Certification

Given the benefits offered by attaining ISO 37001 Certification, a growing number of organizations are choosing ISO 37001 audits.  Increasingly, ISO 37001 Certification has become an industry benchmark for a company's approach to preventing bribery and upholding ethical standards.  Many organizations worldwide have successfully implemented ISO 37001 to strengthen their anti-bribery efforts.

Microsoft – Microsoft Cloud Operations + Innovation (CO+I) and Microsoft Hungary businesses have achieved ISO 37001 Anti-Bribery Management System certification.

Puma Energy – Puma Energy has received ISO 37001 certification to demonstrate its commitment to anti-bribery practices.

PROLINTAS Group of Companies – The PROLINTAS Group of Companies has successfully maintained its certification of ISO 37001 Anti-Bribery Management System (ABMS) with Zero Non-Conformance Report (NCR) following a rigorous assessment in 2023.

Mubadala Petroleum – Mubadala Petroleum, a leading international oil and gas company, has successfully achieved ISO 37001 Anti-Bribery Management Systems certification.

Boost d.o.o. – Boost was among the first in the real sector to successfully certify its operations in accordance with ISO 37001.

ISO 37001 Certification is a powerful tool for organizations seeking to prevent and combat bribery, as well as to uphold the highest ethical standards in the industry.  By implementing this standard, your organization can improve its reputation, ensure legal compliance, manage risks more effectively, as well as foster a culture of transparency and integrity.  While the steps to achieve ISO 37001 Certification may require effort and resources, the benefits far outweigh the costs, making it a valuable investment for your organization.

Speak to our IBEC experts today to get started on the path of achieving ISO 37001 Certification.