PT. PRAKARSA PRAMANDITA received IAS-accredited ISO 37001:2016 Certification for Anti-Bribery Management System (ABMS). The scope of the certification includes Drilling and Workover Services, Well Services, Oil and Gas Industry Supply and Trading, Manpower Services, Construction and Engineering, and Mechanical and Electrical Services.
What is ISO 37001 Certification?
According to the World Economic Forum, companies worldwide bear a cost of $2.6 trillion annually due to corruption. The annual corruption costs are equivalent to 5% of the global GDP. The building blocks of every business are trust and transparency; moreover, they make the organisation credible and the integrity of your brand. ISO 37001 certification provides appropriate tools and controls to eliminate the evil practice of bribery and make business equitable.
Benefits of ISO 37001 certification for PT. PRAKARSA PRAMANDITA
The following are the benefits of ISO 37001 for PT. PRAKARSA PRAMANDITA:
- ISO 37001 certification fights against the evil of corruption and bribery. It adopts a proactive approach to identify vulnerable areas and bribery incidents to implement appropriate controls to address them.
- The Anti-Bribery Management System adopts international and national best practices to eliminate corruption. It enhances customers’ and clients’ trust in your organisation. Furthermore, it creates a positive image of your brand in the market.
- ISO 37001:2016 certification is a cost-effective standard that helps avoid regulatory and statutory fines and penalties due to unethical business practices.
Conclusion
PT. PRAKARSA PRAMANDITA received ISO 37001 certification to adopt fair and just business practices to eliminate bribery incidents. Moreover, obtaining this certificate will help the organisation expand their business by implementing international best practices.
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