The construction company OEC has just had its global operations certified to ISO 37001, the global standard for anti-bribery systems management. The company and its subsidiaries (OECI, CNO, Tenenge, CBPO and Oenger) were audited nationally and internationally by QMS Certification Services. The certificate is valid for 3 years.

"Receiving ISO 37001 international certificate is a landmark for the company and corroborates the solidity of the processes, tools and internal control instances created in recent years, equal to the best governance standards for publicly traded companies," says Alexandre Baltar, OEC's Chief Compliance Officer (CCO). "The seal had already been earned for operations in Brazil in April 2021 and was expanded to international operations after a recently completed external audit, reinforcing the consistency of our practices and the company's determination to maintain an ethical, upstanding and transparent performance," he adds.

ISO 37001 attests to the management and operation of OEC's Integrity and Risk Management Program, highlighting, according to the certifier's report, the ethical performance and the fight against corruption, bribery, money laundering and anti-competition practices, in the public or private sphere, both in operations in Brazil and abroad, in management, design, procurement, construction, assembly, commissioning, start-up, technical assistance and maintenance activities in industrial, oil & gas and pipeline works for mining (hydroelectric, thermoelectric, transmission lines and substations), gas and pipelines, petrochemical, mining, energy (hydroelectric, thermoelectric, transmission lines and substations), infrastructure (sanitation, irrigation, road works, highways, railroads, tunnels, bridges and overpasses), ports and dredging, airports, subways, BRTs and buildings, including hospitals.

Governance and Integrity Program at OEC:

• Independent Board Members with extensive experience in the market;
• Advisory committees in areas such as Integrity, Audit, Finance and Risks, coordinated by independent directors;
• Ethics Committee to evaluate possible violations of the code of conduct and define remedial measures;
• Chief Compliance Officer and Head of Internal Audit, who report directly and independently to the Board of Directors;
• Internal Auditing Team trained and certified as lead auditors in ISO 19001 and ISO 37001 standards;
• Broad measures for prevention, detection and remediation of any actions in disagreement with the company's Integrity Policy and Code of Conduct;
• Ethics Line, managed confidentially by an independent company;
• Single, centralized payment system at the parent company for all countries and contracts;
• A comprehensive program for continuous monitoring of Compliance and Internal Audit, with performance indicators that allow the company's commitments to be measured;
• Adherence to and active participation in collective actions such as the Business Movement for Integrity and Transparency, an initiative of the Ethos Institute, the Movement for Integrity in the Engineering and Construction Sector, secreted by the United Nations (UN) Global Compact Network Brazil and the Ethos Institute, and the Brazilian Institute for Self-Regulation in the Infrastructure Sector (IBRIC).

About ISO 37001 
Drafted by 120 experts from 36 countries that are signatories to the International Organization for Standardization (ISO ), 37001 standard specifies requirements and provides guidance for implementation, maintenance, critical analysis, and continual improvement of the Anti-Bribery Management System.

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 biggest 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.