Executive Summary
In 2016, the International Monetary Fund estimated that corruption amounted to roughly 2% of global economic output – between $1.5 and $2 trillion globally. Companies usually manage bribery and corruption risk through a mix of internal processes, certification requirements, and basic good practices – including with suppliers and vendors. External standards such as the ISO 37001 Anti-Bribery Management Systems Standard, published by the International Organisation for Standardisation, can also be a powerful tool in support of those efforts, helping…
