What is the ISO 37001 Standard?

Bribery is an insidious issue affecting organisations across the globe. It has extensive ramifications in business, including (but not limited to); stunting business growth, undermining consumer trust, increasing business costs, increasing the cost of goods and services, mistrust in institutions, unstable markets and uncertainty in commercial dealings.

Although governments have made significant leaps in preventing bribery, the law alone is not enough to effectively address the issue. Businesses can protect themselves from the potentially devastating impacts of bribery by implementing an anti-bribery management system, and through a top-down commitment to transparency, trust and compliance.

ISO 37001 is an international standard that can be used by organisations anywhere in the world, regardless of size, service, product or industry. It is applicable to organisations in public, private and not-for-profit sectors. ISO 37001 certification ensures that your organisation is equipped with the policies, procedures and controls to effectively and proportionately manage potential bribery risks.  

Benefits of ISO 37001 Certification

An anti-bribery policy and management system helps organisations prevent and reduce the risks, costs and harm associated with bribery. It fosters a culture of trust and confidence from stakeholders and interested parties, including partners, investors and consumers.

Some of the benefits of an ISO 37001 certified anti-bribery management system include:

• Safeguarded organisation reputation

• Stronger stakeholder relations

• Standing out from competition

• Proactive anti-bribery prevention

• Demonstrated commitment to integrity and ethics

• Increased efficiency through optimised internal processes

• Reduced risk of legal ramifications

• Reduced risk of sanctions

• Reduced risk of loss of business

• Increased consumer trust

ISO 37001 Certification Mark