After five intense years enhancing internal processes and reformulating Integrity policies and guidelines, Tenenge - OEC's industrial engineering branch - has achieved ISO 37001 certification, a global standard for anti-bribery systems management. One of the first heavy construction business groups in Brazil to receive the seal, the company was audited by QMS Certification Services. The certification is valid for three years and includes the subsidiaries OECI, CNO, CBPO, Oenger, and Odebrecht Engenharia e Construção. 

The achievement of ISO 37001 attests to the recognition of the internal controls created in recent years and corroborates our determination to base our business on acting ethically with integrity and transparency, said Alexandre Baltar, OEC's Chief Compliance Officer, adding: "It is a defining moment for us, which brings us great satisfaction. But we don't forget that continuous enhancement is a premise of this work." 

The company has been strengthening its Integrity and Governance System since 2016, with a series of measures and commitments:

• incorporation of independent directors with a broad market track record; 
• installation of advisory committees in areas such as Integrity, Audit, and Finance; 
• implementation of the Ethics Committee; 
• institution of the offices of Chief Compliance Officer and Head of Internal Audit, who report directly and independently to the Board of Directors; 
• establishing broad measures for prevention, detection and remediation of any actions in disagreement with the company's new Integrity Policy; 
• creation and availability of an Ethics Line, managed confidentially by an independent company; 
• adoption of a single, centralized payment system at the parent company for all countries and contracts;
• signing of the "Letter of Commitment of the Business Movement for Integrity and Transparency", an initiative of the Ethos Institute in partnership with the United Nations (UN) Global Compact and Transparency International.
   

Last year the company successfully completed the period under monitoring by representatives of the U.S. Department of Justice. The monitoring was part of the commitments in the leniency agreement signed by the group in December 2016. The independent monitor certified that the compliance systems of Tenenge and other OEC subsidiaries, including their policies and procedures, are designed and implemented to prevent and detect breaches of anti-corruption laws. 

About ISO 37001 
Prepared by 120 experts from 36 countries that are signatories to the International Organization for Standardization (ISO), the standard specifies requirements and provides guidelines for establishing, implementing, maintaining, critically analyzing, and improving a management system based on the reference standard and the country's legislation. Created in 2016, the certification arrived in Brazil the following year. 
 

About QMS Certification Services 
QMS is an Australian-based certification body with global reach in management systems certification and training on applicable standards. Offices in Brazil and the USA manage the operations in the Americas. It is the greatest reference in ISO 37001 certification in Latin America, with CGCRE accreditation from Inmetro. 

To learn more about the Integrity Program click here.
See the updated 2024 certificate here.