Understanding ISO 37000
ISO 37000 is a globally recognised set of guidelines to assist organisations in establishing, implementing and maintaining a corporate governance system. It’s a comprehensive approach to managing corporate governance and ensuring that businesses meet or exceed internationally recognised standards for the operation of their boards and their interactions with investors and management.
Governing a business is not easy. Lots of stakeholders, several legal obligations and fiduciary duties: the often-ignored laws of governance. In an increasingly complex business landscape, having a system to manage how the company is governed is mandatory. A good governance system promotes efficiency, drives accountability and responsibility, and manages risk.
Benefits of ISO 37000 certification
ISO 37000 offers a multitude of benefits.
- Reduced risk of fiduciary breaches and liability: ISO 37000 supports boards in understanding the fiduciary and legal obligations of being a director and being responsible for corporate governance. Understanding these duties helps manage risk from regulators or shareholders and derivative actions.
- Improved long-term stakeholder value generation: Good governance promotes effective oversight of the organisation and thus helps ensure alignment between the organisational purpose, strategy and activities, and the UN Sustainable Development Goals. This improves long-term stakeholder value generation.
- Improved organisational resilience and performance: ISO 37000 ensures that the organisation remains viable over time without compromising current or future generations.
- Increased investor and creditor confidence: Effective leadership and oversight, holistic decision-making, transparency and effective stakeholder relations, sustainability considerations and certainty of compliance management all contribute to increased confidence in the organisation. This can, in turn, improve access to and reduce the cost of capital.
Speeki Europe strengthens its assurance portfolio with ISO 37000
Speeki Europe has strengthened its assurance portfolio with ISO 37000, providing clients with robust governance solutions to address legal and financial issues.
Benefits of partnering with Speeki Europe for ISO 37000 certification
At Speeki Europe, we are dedicated to assisting organisations in elevating their governance, risk and compliance systems through an ISO certification. Our comprehensive approach and unyielding commitment to excellence empower your business to not only meet but surpass global governance standards.
- Embrace ISO 37000 with a Speeki Europe certification: Speeki Europe is an ANAB and COFRAC* accredited certification body for management systems. While there is no accreditation system for ISO 37000, Speeki provides its certification services according to the same standards. We are leaders in governance and compliance certification and have the competency to support companies on their governance journey.
- Global expertise in ISO 37000 and corporate governance: Speeki Europe's global reach and expertise in governance and ISO 37000 make us the ideal partner in your certification journey. Through your certification, you gain access to the wisdom and insights of seasoned professionals who have completed Institute of Company Director training and training on governance from the Harvard Business School.
- All our auditors are experts on governance and boards: Our secret weapon is our auditors. They are practical and have an expert understanding of corporate governance systems, director duties and the functioning of boards. They add significant value to clients through the certification process and are our main value proposition for clients selecting Speeki as their certification partner.
Other ISO certifications offered by Speeki
Speeki offers a comprehensive range of certifications to assist organisations in achieving excellence across various domains, including social responsibility, risk management, anti-bribery, whistleblowing, fraud control, investigations and compliance.
- ISO 26000 social responsibility certification
- ISO 31000 risk management certification
- ISO 37001 anti-bribery certification
- ISO 37002 whistleblowing certification
- ISO 37003 fraud control certification
- ISO 37008 investigations certification
- ISO 37301 compliance certification
Assurance of non-financial business aspects is a must
Speeki, through its assurance subsidiary Speeki Europe, has been at the forefront of ISO standard certifications for many years. As ESG and sustainability obligations have significantly increased for companies, so too has the pressure to obtain assurance of the non-financial aspects of their business.
With greenwashing risks becoming significant for companies that must publicly report their ESG and sustainability disclosures, Speeki Europe has expanded its offerings around key ESG and sustainability areas to help companies minimise those risks.
‘If companies want to avoid risks when making ESG and sustainability disclosures, they should have their reports assured,’ says Scott Lane, CEO and President of Speeki Europe. ‘That assurance process will be significantly less expensive and complex if the company has already achieved ISO certifications on some or all underlying data and systems. Assurance bodies can rely on and should recognise the quality of ISO-accredited certification bodies regarding those matters, acknowledging interoperability of frameworks and requirements to simplify the entire assurance process.’
To help companies navigate the assurance of their non-financial data and manage their underlying risks, Speeki Europe has expanded its ISO certification solutions. The process of obtaining these certifications involves a structured system that not only improves companies’ systems but also aids in the assurance of their ESG and sustainability disclosures.
‘Areas like governance, risk, compliance, privacy, sanctions, human rights, ethics, whistleblowing, social compliance and others are now all able to be assessed or certified by a certification body,’ says Scott. ‘By expanding our solutions into this market in addition to our existing solutions around anti-bribery, Speeki Europe is providing a strong backbone to any company that takes ESG and sustainability seriously.’
Achieve ISO 37000 certification with Speeki Europe
Start your ISO 37000 certification journey with Speeki's simple four-step process. Our services are designed to strengthen your governance practices, ensuring strict compliance with ISO 37000 guidelines. We prioritise practical implementation, ongoing monitoring and continual improvement to enhance your governance capabilities.
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