LONDON (12/15/2020) – Ma’aden (Saudi Arabian Mining Company) has successfully attained ISO 37001:2016 Anti-Bribery Management System certification from Anti-Bribery Anti-Corruption (ABAC®) Center of Excellence Limited.
ABAC® announced the certification after Ma’aden’s Head Office in Riyadh successfully completed a comprehensive audit and examination process of anti-bribery policies and procedures. In earning certification, Ma’aden met and exceeded the directives set by ISO 37001. The ISO 37001 standard is designed to help global organisations implement an anti-bribery management system and provide guidance relative to that implementation.
The scope of the certification includes the activities undertaken by the head office, which encompasses the functions of finance, human resources, legal, administration, government relations, procurement and GRC (governance, risk, compliance). Ma’aden is among the fastest-growing mining companies in the world and the largest multi-commodity mining and metals company in the Middle East. It is currently ranked among the top 10 global mining companies based on market capitalisation. As the first Saudi company to achieve the certification, Ma’aden continues to deliver on its ambition to become a sustainable mining champion and lead by example across its operations.
Ma’aden’s CEO, Mosaed Al Ohali, commented on the certification: “Integrity is one of our four core values at Ma’aden. For us, that includes honesty, fairness, and the highest ethical and business standards in our relationships with each other and with our stakeholders. ISO 37001 certification demonstrates our continued commitment to those values in preventing bribery and corruption at every level and reinforces the work of our Governance, Risk and Compliance (GRC) department, which is also supported by an independent whistleblower hotline to ensure complete transparency. We at Ma’aden are committed to running an ethical company that always focuses on concern and respect for our people, the communities we touch and the environments we operate in.”
Kanwal Zafar, Managing Director at ABAC®, commended Ma’aden for engaging the ISO 37001 and successfully achieving certification: “Ma’aden was proactive and eager to begin this process, as they know stopping corruption begins with putting the proper controls in place. We have noticed the growth in organisations aiming to ensure the highest level of compliance in detecting and preventing bribery, and recognising the benefits of ISO 37001 certification for such purpose. We are honoured to know that more organisations contribute to our mission of promoting transparency in global business relations.”
ABAC Certification services are accredited by the Emirates International Accreditation Center (EIAC) and the United Kingdom Accreditation Service (UKAS) for administering ISO 37001 ABMS Certification. Additionally, UKAS accredited ABAC® in the UK, Malaysia and Dubai for ISO/IEC 17021-1:2015 conformity assessment — requirements for bodies providing audit and certification of management systems.
Saudi Arabian Mining Company (Ma’aden) was formed by Royal Decree in 1997 to facilitate the development of Saudi Arabia’s mineral resources and was originally wholly owned by the Saudi Government before 50% of its shares were floated on the Saudi Stock Exchange (Tadawul) in 2008. Since its IPO, Ma’aden has diversified from being a gold producing company by building abundant, world-class phosphate, aluminium, industrial minerals and copper concentrate operations. A number of projects are underway to make Ma’aden the third pillar of Saudi Arabia’s economy, beyond oil and petrochemicals. For more details visit us at www.maaden.com.sa.
ABAC Certification is an accredited conformity assessment body in issuing ISO 37001:2016 Anti-Bribery Management Systems certification, and an independent component of Corporate Research and Investigations Limited “CRI Group’s” ABAC® Center of Excellence Limited. Whilst headquartered in the United Kingdom, ABAC® strategically operates globally with an extensive network of subject-specific experts across the globe. ABAC® is your locally accredited Conformity Assessment Body.
ABOUT THE PARENT COMPANY
Since 1990, CRI Group (Corporate Research and Investigations Limited) has safeguarded businesses from fraud and corruption, providing insurance fraud investigations, pre-employee background screening, investigative due diligence, third-party risk management, compliance, and other professional investigative research services.
ABAC Center of Excellence Limited
For Scheme or Technical queries: Huma Khalid | Scheme Manager | Huma.k@ABACgroup.com | +44 777 652 4355, +971 521 042 433 | ABAC Center of Excellence Limited
For business development/ marketing queries: Soraia Antunes | Brand Manager | Soraia.Antunes@crigroup.com | Corporate Research and Investigations Limited
In 2016, CRI Group launched Anti-Bribery Anti-Corruption (ABAC®) Center of Excellence – an independent certification body established for ISO 37001:2016 Anti-Bribery Management Systems, ISO 19600:2014 Compliance Management Systems and ISO 31000:2018 Risk Management, providing training and certification. ABAC® operates through its global network of certified ethics and compliance professionals, qualified auditors and other certified professionals. As a result, CRI Group’s global team of certified fraud examiners work as a discreet white-labelled supplier to some of the world’s largest organisations. Contact ABAC® for more on ISO Certification and training.
Based in London, CRI Group works with companies across the Americas, Europe, Africa, Middle East and Asia-Pacific as a one-stop international Risk Management, Employee Background Screening, Business Intelligence, Due Diligence, Compliance Solutions and other professional Investigative Research solutions provider. We have the largest proprietary network of background-screening analysts and investigators across the Middle East and Asia. Our global presence ensures that no matter how international your operations are we have the network needed to provide you with all you need, wherever you happen to be. CRI Group also holds BS 102000:2013 and BS 7858:2012 Certifications, is an HRO certified provider and partner with Oracle.