Module 10: The benefits and requirements of ISO 37001
In addition to helping the organisation avoid the adverse consequences of bribery referred to on the previous page, ISO 3700 provides the following benefits:
It helps provide assurance to the management and owners of an organisation that their organisation has implemented internationally recognised good practice anti-bribery controls, and is therefore taking steps to reduce risk and any adverse consequences.
It helps the organisation provide assurance to its customers, business associates and personnel that it has implemented internationally recognised good practice anti-bribery controls, and therefore assists the organisation in obtaining work, recruiting good personnel and enhancing its reputation.
Organisations may require their major contractors, suppliers and consultants to provide evidence of compliance with ISO 37001 as part of their pre-qualification or supply chain approval process (on a similar basis to their requiring evidence of compliance with ISO 9001 (quality management) etc.).
In the event of a bribery investigation which involves the organisation, it helps provide evidence to the prosecutors or courts that the organisation had taken reasonable steps to prevent bribery. It can therefore help avoid a prosecution, or mitigate the outcome.
January 2025
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