Kimia Farma Trading & Distribution (KFTD) has been successfully certified using the ISO 37001:2016 Anti-Bribery Management System to support the implementation of good corporate governance principles. This certification strengthens KFTD’s commitment to fighting bribery and corruption and conducting clean business activities.
To stress KFTD’s commitment to the implementation of ISO 37001:2016, here are the fulfilled requirements:
- Provide adequate policies
The company has developed policies and guidelines regarding the anti-bribery management system, which has been implemented in all its business sectors. This also includes providing understanding to all stakeholders to support the implementation of the policies that have been formed.
- Top management commitment
Implementing ISO 37001:2016 applies to employees and top management, who have the most important role. They are the ones who set an example to their subordinates and collaborate with other stakeholders outside the company. KFTD’s top management ensures that corruption-free business practices can be implemented at all levels.
- Risk identification and analysis
KFTD identifies and analyzes bribery risks from each process in the organization and assesses their possibility of occurrence and impact. This is the core requirement in implementing the ISO 37001:2016 Anti-Bribery Management System.
- Due diligence
KFTD’s commitment to implementing ISO 37001:2016 is also reflected in its due diligence policies, which determine the track record of related parties who will collaborate with the company. This process detects potential bribery earlier so the company can determine what actions to take to prevent it.
- Communication
The next principle regarding the ISO 37001:2016 Anti-Bribery Management System is communication. All policies and guidelines must be delivered and socialized to both internal and external parties related to the company. This can be through training, seminars, social media, etc.
- Monitoring and evaluation
KFTD ensures the effective implementation of the ISO 37001:2016 Anti-Bribery Management System by regularly monitoring and evaluating it. This also helps to make changes to adapt to any internal and external issues and improve effectiveness in controlling the risk of bribery and corruption.
Implementing ISO 37001:2016 means KFTD has zero tolerance for bribery and corruption. These international anti-bribery management system standards provide guidelines to prevent, detect, and address bribery across the company and its business activities.