Oil and Natural Gas Corporation (ONGC) has recently made history by becoming the first Central Public Sector Enterprise (CPSE) in India to receive certification for its Anti-Bribery Management System (ABMS). The certification was awarded by the internationally accredited certification body InterCert USA. ONGC’s commitment to combat bribery was previously demonstrated in 2005 when it became the first organization in India to adopt the Integrity Pact (IP) initiated by Transparency International.
A Landmark Achievement: ONGC’s pursuit of an ABMS certification marks a significant milestone in its journey as an Energy Maharatna, further solidifying its position as a trusted business partner. The certification was achieved by successfully implementing the ISO 37001:2016 International Standard, following a thorough assessment and validation process conducted by InterCert USA.
In the initial phase, ONGC has implemented the Anti-Bribery Management System across ten departments at its Corporate Office in Delhi. The organization, in collaboration with the internationally renowned consultancy firm Digital Age, has taken comprehensive measures to prevent, detect, and address bribery. While the specific departments benefiting from this implementation were not disclosed in the official statement, the company has assured that a robust framework has been established to promote anti-bribery compliance throughout the organization.
To ensure the effectiveness of the ABMS, ONGC has appointed dedicated personnel to oversee anti-bribery compliance. The Chief Vigilance Officer, Ranjan Prakash Thakur, along with key executives from corporate departments, have been actively involved in the process. Their commitment and involvement have been crucial in achieving this prestigious certification.
ONGC’s achievement was celebrated during an award ceremony attended by the Chairman, Directors, Chief Vigilance Officer, and key executives of the organization. A representative from InterCert, the certification body, was also present to acknowledge and commend ONGC’s dedication to combat bribery.
In competitive exams like SSC, Defence, State Exams, and Railways, current affairs are crucial. This…
On Saturday, December 21, 2024, several explosive-laden drones, believed to be part of Ukraine's ongoing…
Uttar Pradesh, one of India's most populous states, is known for its rich cultural and…
The 55th GST Council meeting, chaired by Finance Minister Nirmala Sitharaman, convened ministers from 28…
India participated in the 24th BIMSTEC Senior Officials Meeting (SOM), hosted virtually by Thailand on…
India is set to host the 2025 Para Athletics World Championships, marking a historic moment…