ISO 37000 – the first-ever international benchmark for good Governance. ISO 37000:2021 Governance of organisations — Guidance provides organisations and their governing bodies the tools they need to govern well, enabling them to perform effectively while behaving ethically and responsibly. ISO 37000:2021 makes it possible to meet your business and financial goals and still behave ethically and responsibly. 

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We offer a COMPLIMENTARY GAP ANALYSIS to our clients who opted for the ISO 37301 CMS or looking for an Integrated Management System, including both ISO 37001 ABMS and ISO37301 CMS in one go to reduced the costs and efforts.

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Is Your Organisation Meeting Your Stakeholders' Expectations?

In the eyes of your stakeholders, business success has become much more advanced than just production efficiency, making a profit, and keeping investors happy. To truly succeed, today’s business organisations must satisfy a broader base of stakeholders, placing more burden on the business to meet a growing list of ethical, social and environmental responsibilities.

ISO 37000:2021, “Governance of Organisations – Guidance,” strives to help businesses handle that increasing burden by providing guidelines and guidance on best practices related to good Governance, which can help position the organisation as highly ethical and gain credibility, integrity and a competitive edge in the marketplace. ABAC®, powered by CRI Group,  is designed to assist in developing processes and systems that help your organisation effectively manage compliance risks and foster a system-wide culture of business integrity. Comply with confidence with ISO 37000!

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PRINCIPLES OF GOOD GOVERNANCE

The components of ISO 37000:2021 provide a viable framework of mechanisms, processes and structures that are internationally recognised as keys to establishing and demonstrating good Governance. 

Those components encompass: 

  • Establishing an Operational Purpose
  • Defining Core Values In Line With the Purpose
  • Utilising Sound Strategies to Achieve Results
  • Demonstrating Governing Oversight Throughout the Operation
  • Showing Accountability In All Things
  • Ensuring Stakeholders Are Engaged In the Process
  • Showing Ethical and Effective Leadership
  • Recognise Data as a Valuable Resource for Decision Making
  • Realising Uncertainty and Its Role in Risk Management 
  • Maintaining a Transparent Role In Society
  • Demonstrating Viability and Responsibility Toward Future Generations
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SOCIETY'S EXPECTATION OF ORGANISATIONAL BEHAVIOUR AND PERFORMANCE

Used as a framework for an organisation’s governance system, ISO 37000 can help the business look beyond its self-interests and towards the general needs of society. Demonstrating sound and good Governance not only builds outside trust in the organisation, but evidence also shows that such practice improves business performance and contributes to social and environmental integrity.

The standard applies to any size private, public and not-for-profit organisation with the intent to demonstrate social responsibility and a desire to utilise good Governance to position the organisation and society for success.

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RISK GOVERNANCE: A KEY COMPONENT

Good governance risk management practices can reduce the likelihood and impact of unintended results from business decisions that could cause potential harm to the organisation, the environment, or society in general.

And while the risk is a factor in all successful business practices, a proactive risk management framework – which assesses, treats, communicates, monitors and reviews risk – will protect the business and equip and enable the organisation to take appropriate risk and take advantage of future opportunities.

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Why choose ISO 37000 certification?

Organisations of any type or size can benefit greatly by practising good Governance, starting with highly effective performance, responsible stewardship and ethical behaviour. And those benefits extend further, as the practice of good Governance (and the resulting compliance certification):

  • Helps increase organisational effectiveness, sustainability, accountability and fairness.
  • Fortifies systems, methods and processes to spot red flags and help avoid significant incidents.
  • Builds a higher level of trust among stakeholders, shareholders and the public.
  • Demonstrates that the organisation is acting with integrity, transparency and accountability.
  • Establishes credibility in the marketplace as the organisation is viewed as making a conscientious investment in responsible management.
  • Provides a competitive advantage among potential business partners who perceive a well-governed organisation.
  • Mitigates the potential risk of failure within the organisation’s systems.
  • Conforms to the internationally recognised and widely advocated regulatory requirements of an effective corporate compliance program.
  • Helps establish an integrated management system basis that lends to conformity with other standards such as ISO 37002:2021 (Whistleblowing Management Systems), ISO 37301 (Compliance Management Systems) and ISO 37001:2016 (Anti-Bribery Management System).
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Who can use ISO 37000 to build their governance system?

  • Private organisations: the company at large, a business unit or a subsidiary
  • Public organisations: administrations, services, political parties
  • Not-for-profit organisations: NGOs, charities, foundations, associations
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Why choose these guidelines as a framework for your governance system?

Using a recognised set of guidelines like ISO 37000 demonstrates your organisation’s commitment to managing your governance program in a profession al way that meets or exceeds all legal and regulatory requirements.

The Governance Guidelines provide you with the framework that you can apply to make things quicker, more efficient and aligned to International best practices.  Building your governance system according to ISO 37000 helps:

  • Build trust with stakeholders by following a recognised framework
  • Establish credibility in the market by being seen to invest in managing governance effectively and without retaliation
  • Gain a competitive advantage across your competitors by having a more well governed company and one that is seen to take governance and compliance seriously
  • Reduce the risk of failures of systems
  • contribute to your ESG credibility
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GAIN Competitive Advantage with our ABAC® Program!

ABAC® is designed to help develop processes and systems that help your organisation effectively manage compliance risks and foster a system-wide business integrity culture.

  1. Safeguard your organisation’s reputation
  2. Strengthen your organisation’s position in international business deals
  3. Become attuned to new & exiting laws, rules & regulations globally
  4. Verify your current compliance management system
  5. Correct potential breaches in a swift & effective manner
  6. Prove your organisation’s integrity levels & business values
  7. Be alerted when the risk of breaching any regulation exists
  8. Reduce the risk of prosecution – courts in multiple jurisdictions can consider an organisation’s overall commitment to compliance when determining penalties in corruption-related legal cases
We offer a COMPLIMENTARY GAP ANALYSIS to our clients who opted for the ISO 37301 CMS or looking for an Integrated Management System, including both ISO 37001 ABMS and ISO37301 CMS in one go to reduced the costs and efforts. Get redeem code now
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How to prepare for ISO 37000?

Organisations that are interested in being certified should be preparing themselves now. This preparation should start with the re-structuring of your compliance programme or management system accordingly. ABAC can offer recommendations from our network of talented industry consultants with proven track records.

We offer a COMPLIMENTARY GAP ANALYSIS to our clients who opted for the ISO 37301 CMS or looking for an Integrated Management System, including both ISO 37001 ABMS and ISO37301 CMS in one go to reduced the costs and efforts. Get redeem code now
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Through the compliance certification process, we can identify any non-conformities, make suggestions for improvement, recommend best practices and provide analysis to point out red flags, material risks and growth opportunities. 

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In this difficult global atmosphere that is not only affecting our personal lives but that of our business too, compliance departments are increasingly being asked to prove their value. Our ABAC® program allows your team goals to be remotely achieved and deliver significant value to your organisation both in the present and future.
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Let us know if you have any questions, our experts are ready to help!

Interested in exploring other ISO certifications?

Certification to ISO standards or British standards demonstrates that your organisation works to international or national best practice, demonstrating your credibility and competence to stakeholders and customers. Certifications are legally obligated in some industries, while in other industries they are often included in tender requirements. The guidelines set forth by the standards are applicable to all types and sizes of organisations and aren’t restricted by industry, risk exposure or geographic reach.

ISO 37001 Anti-Bribery Management Systems

Address bribery and corruption.
The first step of demonstrating your organisation’s commitment to implementing an effective anti-bribery management system is to commit to ISO 37001 training and/or certification.

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ISO 37301 Compliance Management System

Comply with confidence. Gain a competitive advantage and demonstrate your organisation’s commitment to two core principles of any business’s success – company-wide good governance and ethical practices.

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ISO 31000 training, risk management

ISO 31000 Risk Management Systems

Define and fulfil your risk oversight responsibilities.
Checkmate your business risks – guarantee peace of mind and mitigate your organisation’s risks globally.

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ISO 37002 Whistleblowing management systems

Implement, manage, evaluate, maintain and improve a robust and effective whistleblowing management system with ISO37002.

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Check out our ISO resources and sign up for risk management, compliance, anti-bribery and anti-corruption related news, solutions, events and publications.

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