The corporate world is awash in global standards: accounting, risk management, information technology, quality and safety management, and much more. Little surprise, then, that a uniform international standard for the prevention and detection of bribery would eventually enter the picture, too.
The International Organization for Standardization (ISO)—an independent, non-governmental group with a membership of 162 national standard-setting bodies—this month published the final version of ISO 37001. It is the first internationally recognized and certifiable anti-bribery minimum standards program, designed to help organizations of all sizes in the public, private, and non-government sectors combat bribery risk in their own operations and throughout their global supply chains.
