Improving corporate behavior in a way that positively impacts the world. Anti-Bribery Management Systems ETHISPHERE ISO CERTIFICATION

Transcription

1 Improving corporate behavior in a way that positively impacts the world. Anti-Bribery Management Systems ETHISPHERE ISO CERTIFICATION

2 The Ethisphere Institute is the global leader in standards of ethical business practices that fuel corporate character, marketplace trust and business success. Our Mission Measure Against Standards Our corporate ethics standards, vetted by leading experts and used for 10 years, provide an independent, objective measurement tool critical to drive business decisions and stakeholder interaction. Recognize Excellence We recognize programs and companies who ve proven that their programs and practices are extraordinary and provide mechanisms to help communicate those recognitions. Inspire Advancement Ethisphere s global summits, roundtables and publications capture the leading voices in the field. And our corporate membership group provides unparalleled networking opportunities. Our Team Erica Salmon Byrne Jodie Fredericksen Douglas Allen Erica Salmon Byrne is the Executive Vice President, Governance and Compliance for The Ethisphere Institute, where she has responsibility for the organization s data and services business and works with Ethisphere s community of clients. Erica has worked with hundreds of organizations to assess and certify their programs. Jodie Fredericksen is Senior Compliance Counsel for Ethisphere. Ms. Fredericksen specializes in implementing corporate compliance solutions for Ethisphere s clients. Jodie s experience spans decades of working with large, multinational organizations. Douglas Allen is Managing Director of the Ethisphere Institute, where he leads benchmarking, certification, and partnership efforts. Previously, Douglas spent six years with providing compliance and ethics-related advisory services. Douglas has years of experience analyzing information and data from hundreds of organizations. Learn More About Ethisphere s Leadership: 2

3 ISO 37001: Anti-Bribery Management Systems What is ISO? The International Organization for Standardization (ISO) develops and publishes International Standards. It is compromised of the national standards bodies from 163 member countries. It has developed nearly twenty thousand voluntary international standards. What does ISO Address? ISO specifies requirements and provides guidance for establishing, implementing, maintaining, reviewing and improving an anti-bribery management system. The system can be stand-alone or can be integrated into an overall management system. What does the Standard require? The organization must implement a series of measures and controls in a reasonable and proportionate manner to help prevent, detect, and deal with bribery, including:» Anti-bribery policy» Management leadership, commitment & responsibility» Personnel controls and training» Risk assessments» Due diligence on projects and business associates» Financial, commercial and contractual controls» Reporting, monitoring, investigation and review» Corrective action and continual improvement What is ISO 37001? ISO is an anti-bribery management system standard published in October It is designed to help an organization establish, implement, maintain, and improve an anti-bribery compliance program. It includes a series of measures and controls that represent global anti-bribery good practice. How will the Standard benefit your organization? The Standard benefits an organization by providing: Minimum requirements and supporting guidance for implementing or benchmarking an anti-bribery management system Assurance to management, investors, employees, customers, and other stakeholders that an organization is taking reasonable steps to prevent bribery Evidence in the event of an investigation that an organization has taken reasonable steps to prevent bribery Source: 3

4 ISO Certification Leveraging Ethisphere s proprietary methodology, the ISO Certification program offers a data-driven, objective, independent verification of a company s anti-bribery management and systems, including a comprehensive review of policies, procedures, training, communication, controls, systems, and enforcement. Code of conduct, anti-bribery standards, policies and procedures Program systems, responsibility, reporting and oversight ISO Certification Culture of Ethics & Tone at the top Training and communications Internal controls, monitoring and auditing Anti-bribery enforcement, discipline and incentives Organizational Anti-Bribery Knowledge Assessment Enforcement and Discipline Learn More: 4

5 Certification Deliverables 20% Ethisphere will review and assess your current anti-bribery compliance-related programs. Conduct the review by examining internal and external documents and conducting a series interviews. Ethisphere will use a proprietary system of tools, templates, metrics and indicators to evaluate compliance initiatives and program components. Deliver a comprehensive report that will:» Supply background information on Ethisphere s methodology;» Anti-bribery Program Certification Scorecard;» Provide concise findings of your existing anti-bribery compliance program;» Provide an opinion regarding the current state of ethical health and culture as it related to anti-bribery; and 15% 10%» Offer a basic set of practical recommendations on pragmatic steps that you can take to better align the Company s anti-bribery compliance program, 35% environment and culture with the ISO requirements;» 20% Deliver Culture Assessment Scorecard;» Supply Policy, Procedure, and Control Evaluation; I applaud Ethisphere for creating an objective and comprehensive third party verification mechanism for multinational organizations. The launch of such a verification is both long awaited and much needed by the international business community. Ethisphere has set themselves apart as a reputable thought leader in the compliance and ethics industry and has developed a thorough and respected methodology for such verification. Ethisphere will conduct a post-review ongoing monitoring program:» Conduct Annual Knowledge Testing on Controls and Policies;» Conduct Ongoing Monitoring through Annual Surveys. Michael Hershman President and CEO of Fairfax Group, Co-Founder of Transparency International Learn More: 5

6 The Value of Certification Learn: Gain critical knowledge on the current program s strengths and weaknesses Validate: Better understand where compliance resources can be most effectively allocated Defend: Prepare your organization with an affirmative defense in the event of a compliance breakdown Prevent: Uncover critical risk areas that might pose future problems Benchmark: Compare your program to best-in-class standards and policies Report: Educate leadership on the state of your program and potential risk exposure Improve: Arm your company with pragmatic, actionable steps for improvement Communicate: Illustrate your organization s commitment as an industry anti-corruption leader Be Recognized: Get rewarded for your efforts Compete: Gain a market advantage over industry peers Sample Process Timeline Follow Up Requests Standardized Survey Document Request Series of Interviews Report Delivery Provides insight into program structure and implementation and allows for benchmarking Polices, procedures, etc that support the survey responses Ethics & Compliance, Financial Controls, Audit, Regional Business Heads Detailed report with findings, recommendations and scorecards structured on the ISO standards Follow Up Requests ETHISPHERE ISO CERTIFICATION ISO Certification Process Learn More: 6

7 The Ethisphere Institute is the global leader in P: N. SCOTTSDALE ROAD, SUITE 205 SCOTTSDALE, AZ business practices that fuel corporate character, marketplace trust and business success. We have a deep expertise in measuring and insights that help companies enhance corporate character and believe integrity and transparency impact the public trust and the bottom line of any organization.