Bribery is a serious economic risk in numerous nations and industries. Bribery has frequently been accepted in the past as a “essential” component of conducting business. However, calls for effective action to be done to avoid bribery have been made at both the international and national levels as a result of growing awareness of the harm that bribery causes to nations, organisations, and people. International treaties have been negotiated, laws have been amended, and businesses and/or individuals have been penalised in an effort to combat bribery. However, management is thought to be responsible for bribery prevention. Therefore, effective management in both government and business can significantly lower bribery. As a result, bribery prevention ought to be handled similarly to quality, safety, and environmental management. According to the kind and scale of the organisation, the nature and intensity of the bribery risks encountered, and other factors, SO 37001 requires organisations to implement various anti-bribery measures in a reasonable and appropriate manner. Small, medium, and large businesses in the public, commercial, and non profit sectors can adopt ISO 37001.

Who is eligible to own ISO 37001?

Any organisation, big or small, in the public or private sector, as well as NGOs, can have ISO 37001. Regardless of the size and type of the organisation, it is a flexible tool that can be easily customised.