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ISO 37301 identifies new and existing laws, identifies and reduces the risk of violating existing laws when a company develops a compliance management system. If there is a possibility of a violation, it provides guidance on how to respond quickly and effectively and correct effectively.
ISO 37301 generally includes not only a system to support the establishment of a framework that actually complies with the law, but also a system for the detection, improvement and prevention of reoccurrence of highly likely misconduct.
In addition, the compliance program deals with various matters such as bribery, securities laws and tax laws, consumer health and safety, environmental protection, and fair trade laws.
ISO 37001 specifies requirements essential for companies (organizations) when building or improving the corruption prevention management system and provides useful information for preventing, finding, and dealing with their corruption.
The existing requirements of SO 37001 and requirements related to corruption prevention of the ones of the Anti-Corruption & Civil Rights Commission (measurement of integrity and evaluation of policies for corruption prevention in government offices) were added to ISO 37001 separately enacted for government offices.
ISO 37002 is an international standard for the Whistle-blowing management system which is being developed by ISO and is the guideline for realizing the strong and effective whistle-blowing management system in companies (or organizations).
ISO 26000 presents details that companies (or organizations) should comply with 7 core principles of organizational governance (the management structure), human rights, labor practices, environment, fair operation practices, consumers, and participation in communities and their development and specifies 37 issues and recommendations.
ISO 20400 can help companies (or organizations) fulfill sustainable responsibilities including effects of sustainability on various aspects of sustainable procurement and purchasing activities, the considerations, the policies, strategies, organization, the process, and the methods of realizing sustainable procurement.
The ENRON scandal, the Lehman Brothers bankruptcy, the corruption case of FIFA, etc. shows how important corporate (or organizational) governance is.
ISO 37000 means the system that organizations instruct, control, and assume responsibility to accomplish their purposes, results, and values.