PT Kimia Farma Trading & Distribution (KFTD) as part of Kimia Farma Group implements ISO 37001 principles concerning the Anti-Bribery Management System. This policy allows KFTD to prevent, detect, and address the practice of bribery and corruption by implementing an anti-bribery policy.ย
ISO 37001 Anti-Bribery Management System is significant in identifying bribery risks in a bid to maximize efficiency and productivity in KFTD. In addition, ISO 37001 helps formulate key performance indicators to monitor and evaluate the extent to which KFTD acts within the law and conducts ethical business.
The following are other importance of ISO 37001 to Prevent Corruption in KFTD:
Create Due Diligence Process
The due diligence process helps KFTD comply with anti-money laundering, anti-bribery, and anti-corruption regulations. It also clearly and concisely identifies key risk issues, helping enhance your knowledge and understanding of customer, supplier, and third-party risk and helping to avoid any party involved in financial crime.
Implementing a feasible control and system of anti-bribery management
One of the main features of the ISO 37001: 2016 anti-bribery management program is the integration of best practices in whistle-blowing procedures. By implementing ISO 37001, KFTD also employs a viable system, the whistle-blowing system, as a tool for effective and safe reporting that encourages employees to come forward with knowledge on ongoing acts of bribery and corruption.
Protection from The Damaging Effect of Corruption
Implementing ISO 37001 in KFTD is important to help protect assets, shareholders, and management from the adverse effects of bribery and corruption. By implementing ISO 37001, KFTD strives to create a good reputation and an excellent working environment.ย
Provide Law-Abiding Work Environment
The ISO certification implants a culture of corporate social duty and readiness to collaborate with law requirement offices. Also, the ISO certification permits KFTD to archive their proactive association in checking on their compliance with guidelines of anti-bribery and corruption as well as the concrete measures to appear eager to anticipate and check the damages of bribery and corruption.