A business tool designed to fight bribery is gaining traction. Published just last year, ISO 37001 is the first international anti-bribery management system standard designed to help organizations combat bribery risk in their own operations and throughout their global value chains. Its uptake is garnering followers from both governments and businesses. But is ISO 37001 working to improve anti-corruption practices? Microsoft seems to think so.
Abuse of office for private gains. Trust undermined. Poor governance can have disastrous consequences. It can also threaten market integrity, distort competition and endanger economic development.
So how can organizations improve good governance? In this issue, ISOfocus gives an overview of the most interesting, important and complex changes needed to implement and sustain good governance. It looks at ways to improve business practices and policies and where ISO standards can contribute.
ISO 37001 has the potential to be a powerful tool to combat bribery.
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