What is ISO 37001 for?
Before following or believing in anything, it’s always good to know about it, as prevention is always better then cure. ISO – International Organization for Standardization is a federation or we can say group of national standard bodies, also called ISO member bodies, which culminate to form different technical committees on different subject matters, to draw out or to define, international standards for that subject matter.
One of these standards is ISO 37001 which is the Anti-Bribery management system
But before going into ISO 37001, it is important to quickly recap 2 important terms, bribery & anti-bribery.
In simple terms, bribery is offering something like money, land, or something which holds some value, in favour to getting one’s work done.
Like, paying some extra amount to get driving licence by bypassing the all-important step of driving test.
Anti-bribery, on the other hand, are procedures and policies implemented, to keep oneself and effectively an entire organization, bribery proof.
So, it’s a major task for organizations to implement anti-bribery management to curb or stop attempts of bribery and keep the organization and the organization’s workforce clean, as organization may lose substantial amounts because of this.
No organization can just go and develop, an effective anti-bribery system, they need a standard or a framework or a pre-defined prototype to build one such effective system, and that guidance or prototype is provided by ISO 37001.
So, to sum it up, ISO 37001 can be a standalone or can be integrated into overall management system, to specify requirements and to provide guidance for establishing, implementing, maintaining, reviewing and improving an anti-bribery management system.
The requirements of ISO 37001 are generic, that is to say, these requirements are applicable to all the organizations or parts of organization, irrespective of size i.e., small, large or mid-cap, regardless of size and nature of activity, and whether in the public, private or not-for-profit sectors, its applicable to all.
Few things which are addressed by ISO 37001, with respect to organization’s activities –
Certifications are handy tools to create confidence in your customers.
Certification helps to demonstrate that the product or service meets the expectations of the customer.
By itself ISO doesn’t provide any certification, they are just involved in defining standards and doesn’t issue any certificates.
There are external certification bodies and consultancies which can help to provide certifications.
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