RISE Worldwide today announced that they have adopted the ISO37001:2016 standard for Anti-bribery Management System (ABMS) in alignment with Reliance Industries Limited (RIL) to maintain the highest standards of ethical business conduct.
ABMS educates the business partners about various forms of bribery and their zero-tolerance approach towards bribery. It serves as a systematic framework of policies and processes set up by RIL with an aim to help prevent, detect and respond to bribery risks, they said in a letter sent to business partners.
In addition, ABAC policy outlines detailed dos and don’ts, reporting mechanisms and disciplinary actions for any breaches of the policy. The roles and responsibilities within the Anti-Bribery Governance Structure are also clearly defined.
