Compliance management
Benefits
Compliance Management System, or CMS for short, is a comprehensive compliance program (legislative, internal, ISO).
A CMS is a system consisting of written documents, functions, processes, controls and tools that help an organization comply with legal requirements and minimize harm to consumers as a result of breaking the law.
Compliance with legal, internal or ISO regulations
Reduction of financial losses
Reduction of the time needed to investigate the event
Setting rules / processes
Increasing the company's credibility and credit
Obtaining the contract if the system is a condition on the part of the contracting authority
Competitive advantage
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What do ESG and ISO 37301 have in common?
ISO 37301 is an international standard that covers all aspects of ESG and can be used to ensure compliance not only with the legislation that applies to the organization, but also with its internal regulations and other requirements that are binding on it. The standard promotes transparency and trust in the organization and its ability to comply with these regulations.
As part of your ESG strategy, focus on those aspects of ESG that are most important to your organization and that have the greatest impact on stakeholders. You can show, for example, how you:
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identified and assessed risks of non-compliance with legal regulations in areas such as environmental protection, human rights, the fight against corruption, personal data protection, etc.
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have set targets and plans for achieving compliance with legislation in these areas,
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implemented appropriate controls and measures for the prevention and detection of non-compliance with legal regulations,
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monitor and measure the performance of your compliance management system and
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carried out reviews and improvements to your compliance management system.
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communicate your compliance management system with your stakeholders and
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handled complaints and disagreements related to your compliance management system.