ECONOMY

BUSINESS: 463 PRACTICES


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Initiative

ISO 37001: Strengthening corporate integrity and zero tolerance for bribery

ISO 37001: Strengthening corporate integrity and zero tolerance for bribery
SUBMITTED FROM:

Chiesi Hellas

In January 1998, twelve people with vision, courage and enthusiasm founded in Greece the subsidiary of Chiesi, an Italian pharmaceutical company based in Parma with an enviable research work to show, especially in the field of respiratory diseases. A series of interesting products complement and strengthen the doctor's arsenal in recent years and provide reliable solutions to serious conditions, such as asthma, chronic obstructive pulmonary disease and respiratory distress in newborns.

Today, Chiesi Hellas having already increased its staff and sales, is a properly organized company, with a dynamic presence in the Greek Pharmaceutical market, with high growth rates that are a serious legacy for an even better future.

http://www.chiesi.gr/

 



Objective Action

Chiesi, through ISO 37001 certification, strengthens the corporate governance and business integrity framework, ensuring the effective prevention, detection and response to bribery and corruption risks, as well as the trust of employees, healthcare professionals, partners and other stakeholders.

 

Target Audience

Chiesi Employees
Partners
Stakeholders
Regulatory Authorities 

 

 

Duration

The preparation and review process lasted 8 months.


Description

In 2025, Chiesi initiated the ISO 37001 (Anti-Bribery Management System) certification process for the first time and proceeded with demanding assessment (audit) procedures by an external independent body. Its aim is to strengthen corporate governance and ethical and regulatory assurance regarding internal procedures and systems against bribery and corruption. The completion of the demanding assessment led to Chiesi's certification with ISO 37001 with an excellent result, as no non-compliance was identified by the auditors, which proves that the Policies, SOPs and procedures are strong at Chiesi.


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Impact on Society

Obtaining the certification means that Chiesi implements comprehensive structures, controls and procedures to prevent, detect and respond to bribery incidents.

➤ Strengthens the trust of employees, healthcare professionals, partners and other stakeholders.

➤ Protects the company with strong zero-tolerance mechanisms on bribery issues, such as the SpeakUp & Be Heard system.

➤ Strengthens the culture of integrity, transparency and accountability.

➤ Reduces compliance risks and enhances the effective management of related risks.

➤ Ensures a working environment of high ethical standards and responsible business conduct.



Initiative Location

Athens


Working with Organization

External auditors 


Workers Participation

All Chiesi department heads, the company's Leadership Team, the colleagues who operate the systems.


Benefits for Οrganization

1. Reducing the risk of bribery and corruption as it enables it to identify and assess bribery risks. It also implements procedures for preventing, detecting and responding to incidents and reduces the likelihood of financial and legal consequences.

2. Strengthening the corporate reputation by demonstrating in a tangible and measurable way to all parties involved that the company operates with transparency and integrity.

3. Compliance with legislative and regulatory requirements, national and international anti-corruption laws.

4. Improving corporate governance by defining clear roles, responsibilities and controls and strengthening the culture of ethics and compliance at all levels of the company.

7. Better management of partners and suppliers by implementing third-party assessment procedures (suppliers, agents, consultants) and reducing the risk of indirect involvement in corruption incidents.




Connection with Global Goals







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