This Is Why Implementing ISO 37001 Anti Bribery System in KFTD Becomes Very Important
Bribery cases in companies or organizations can’t be underestimated. For this reason, PT Kimia Farma Trading & Distribution (KFTD) as a state-owned pharmaceutical holding company implements ISO 37001 SMAP. Unlike some companies that still doubt the urgency of implementing these anti-bribery principles, KFTD performs ISO 37001 SMAP to ensure the company is free from bribery practices and supports the implementation of Good Corporate Governance (GCG).
The major reasons why implementing ISO 37001 SMAP in KFTD is very important.
Make Sure the Company Can Maintain Good Reputation
The company’s reputation plays an important role in determining the public’s assessment of the company’s image. That is why a good reputation is vital for a company. By committing to implement ISO 37001 SMAP, KFTD shows its clear and strong position to prevent bribery activities.
Boost Company Credibility
KFTD consistently implements an Anti-Bribery Management System, making it a more credible company. By implementing ISO 37001 SMAP, KFTD actively participates in the program to eliminate acts of corruption in the form of bribery within the company.
Minimize Unnecessary Expenditure
Every company that has been caught in a bribery case will automatically suffer financial losses as well. When a bribery case is detected, a company must spend more expenses to overcome and restore the situation. With ISO 37001 SMAP fulfillment, KFTD is more able to reduce this kind of unnecessary expense.
Proper Bribery Handling
ISO 37001 SMAP provides guidance in taking the most appropriate actions when the company faces a possible bribery case. With this, KFTD can make the right decisions regarding steps to prevent bribery.
Create a Responsible Organization
By consistently implementing this standard, KFTD can create a healthy work culture. It is because aspects of honesty and transparency are highly upheld. KFTD also shows its responsibility to the entire organizational structure of the company.
PT Kimia Farma Trading & Distribution (KFTD) is committed to implementing ISO 37001 SMAP. One way is by conducting the Sosialisasi Sistem Manajemen Anti Penyuapan (SMAP) or Anti-Bribery Management System (SMAP) Socialization event in May 2023, which was virtually attended by all KFTD Head Office personnel.