Implementing an Anti-Bribery Policy in Your Management System
Learn more about how ISO 37001 is designed to help an organization to prevent, detect and respond to bribery and comply with anti-bribery laws.
21 January 2020
Bribery is a widespread practice that can take many forms, including the direct or indirect offering, promising, giving, accepting, or soliciting of an undue advantage of any value -financial or non-financial. It may be offered as an incentive or a reward for a person either acting or refraining from acting in relation to the performance of that person's duties.
The risk of bribery raises serious social, moral, economic, and political concerns, undermines good governance, hinders development, and distorts competition. It erodes justice, undermines human rights, and is an obstacle to the relief of poverty. It provides undue advantage to the detriment of others.
Demonstrating anti-bribery efforts, to control bribery and corruption risks, are crucial to protecting an organisation's reputation and brand value. Compliance with the ISO 37001 standard can be a key market differentiator when used to minimise the risk of unlawful behavior and showcase an organisation's dedication to ethical practices.
This whitepaper, ISO 37001: Establishing an Effective Anti-Bribery Management System, outlines corporate bribery around the world and introduces ISO 37001, which provides the framework for organisations to create an anti-bribery management system in order to take responsibility for mitigating their bribery risk.