Surbana Jurong has obtained the Singapore Standard (SS) ISO 37001 certification for meeting globally recognised anti-bribery good practices. It is the first large corporate organisation in Singapore to do so.
The ISO 37001 specifies requirements and provides guidance for establishing, implementing, maintaining, reviewing and improving an organisation’s anti-bribery management system. Singapore adopted the ISO 37001 and launched the SS ISO 37001 in late 2017.
To obtain the certification, organisations must implement a series of measures that meet globally recognised anti-bribery good practices. These measures cover all aspects of an organisation, including top management leadership and commitment; financial, procurement and contractual controls; anti-bribery policy, procedures and training; third-party risk assessments and due diligence; and reporting, monitoring and investigation procedures.
Surbana Jurong Group CEO Wong Heang Fine said, “As Surbana Jurong continues to grow globally, it is critical that we continue to maintain our high standard of corporate governance and strengthen our compliance culture throughout the Group. Being the first large company in Singapore to be certified ISO 37001 compliant underscores our commitment towards good corporate governance. With this certification, it also provides our partners added confidence when they work with us, in any part of the world.”
Surbana Jurong Chairman Liew Mun Leong added, “I commend the Surbana Jurong management for achieving this certification. It is important for Surbana Jurong to continuously uphold its core value of integrity among its people, and promote clean business strategy among its partners, clients and other key stakeholders. Beyond these, the company must also be supported by rigorous anti-bribery management system. The ISO 37001 certification is an international standard adopted by many companies and countries as the acceptable anti-bribery preventive measure. This will serve as a useful separate check and balance management system to help monitor and document business operations to prevent bribery and corruption.”