We at the CRI Group believe that businesses that are being run free of corruption accomplish their vision and mission sooner and easier. They bring good to the world more effectively than others. When a business has a clearly set vision and a detailed plan on how to reach it, all it takes to accomplish it is to stick to the plan. However, since companies have to cooperate with other companies in their regular work, they don\u2019t have a choice but rely on someone else\u2019s ethics and principles of doing business. But we all know that business partners are not always reliable. Starting cooperation with one requires conducting thorough due diligence of their work before doing any serious business with them.<\/p>\n
The risks could be enormous when your potential partners are involved in criminal activities. Unfortunately, white-collar crimes are not eradicated from the business world, especially when it comes to corrupt activities. Many acts of corruption are often in some kind of gray area – maybe they are legal, maybe not, but certainly are not ethical. In such circumstances, some businessmen don\u2019t hesitate to reach for methods that don\u2019t comply with your legal and ethical standards. If you are cooperating with such partners, you know that risks for your companies are huge. Not only because unknowingly you could be involved in corrupt practices and be investigated by law enforcement authorities, but also because they ruin your reputation and make other potential partners avoid working with you. You are aware that a mistake in choosing business partners can be very costly for your business. Sometimes these risks are easy to mitigate, but some of them could bring your company on the edge of shutting down.<\/p>\n
This is where the ISO 37001<\/a> standard helps. If you get certified, that would mean implementing numerous anti-bribery standards that will protect your business from bribery. By requiring your partners be certified as you are, you show your preference to cooperate with partners who tackle bribery as well. That speaks of your values as a company. It will let the world know that your anti-bribery values don\u2019t serve just to take space on the Values section on your company\u2019s website, but you are dedicated to putting them in practice as well.<\/p>\n Certifying with ISO 37001 means that a third-party such as ABAC\u00ae has checked out on the company and confirmed that your partners have implemented the following anti-bribery standards:<\/p>\n Requiring your partners to be ISO 37001 certified will bring the following benefits for you:<\/p>\n It will protect you from potential bribery practices. Although implementing the ISO 37001 standard doesn\u2019t necessarily mean that no one will ever try to ask or offer bribes, the mere implementing of the standards will make that very difficult to occur. If both you and your partners are certified, it\u2019s unlikely that corrupt practices related to bribes will happen in your cooperation.<\/p>\n It will be easier to onboard new partners. Starting cooperation with a new company for which you don\u2019t know how reliable it actually is will require doing a thorough due diligence analysis. If both of you are ISO 37001 certified by a third party, at least for the anti-bribery part, you\u2019ll be sure from the start that the other party operates by the same standards as you.<\/p>\n You\u2019ll have peace of mind when cooperating with your partners. You\u2019ll know that someone knowledgeable of anti-bribery standards has confirmed that your new partner is ethical and doesn\u2019t pose a threat to your company.<\/p>\n If you haven\u2019t certified your company with the ISO 37001 Anti-bribery Management Systems<\/a> standards yet, but you want to show your potential partners that you are serious about running a bribery-free business, contact us by filling this form<\/a>. We will answer your certification inquiries as soon as possible.<\/p>","protected":false},"excerpt":{"rendered":" We at the CRI Group believe that businesses that are being run free of corruption accomplish their vision and mission sooner and easier. They bring good to the world more effectively than others. When a business has a clearly set vision and a detailed plan on how to reach it, all it takes to accomplish […]<\/p>","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14,16,17,146],"tags":[],"class_list":["post-4281","post","type-post","status-publish","format-standard","hentry","category-anti-bribery-anti-corruption-solution","category-compliance-solution","category-iso-37001","category-resources"],"gutentor_comment":0,"yoast_head":"\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\t\nWhat is required of ISO 37001 certified companies?<\/h3>\n
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What does this mean for you when you cooperate with others?<\/h3>\n