Standards Comparison

    ISO 37001

    Voluntary
    2025

    International standard for anti-bribery management systems

    VS

    ISO 14064

    Voluntary
    2018

    International standard for GHG quantification, reporting, verification.

    Quick Verdict

    ISO 37001 builds anti-bribery systems to mitigate corruption risks globally, while ISO 14064 enables credible GHG emissions accounting and verification. Companies adopt ISO 37001 for legal defense and trust, ISO 14064 for climate compliance and decarbonization strategy.

    Anti-Bribery/Compliance

    ISO 37001

    ISO 37001 Anti-bribery management systems

    Cost
    €€€
    Complexity
    High
    Implementation Time
    6-12 months
    Greenhouse Gas Accounting

    ISO 14064

    ISO 14064 Greenhouse gases standards

    Cost
    €€€€
    Complexity
    High
    Implementation Time
    6-12 months

    Key Features

    • Organizational GHG inventories with Scopes 1-3
    • Project emission reductions and baselines quantification
    • Validation and verification assurance processes
    • Five core principles for credible accounting
    • Boundary setting and uncertainty management

    Detailed Analysis

    A comprehensive look at the specific requirements, scope, and impact of each standard.

    ISO 37001 Details

    What It Is

    ISO 37001 is the international certifiable standard for Anti-Bribery Management Systems (ABMS). It specifies requirements to prevent, detect, and respond to bribery risks. Applicable to all organizations, it uses a risk-based approach following the PDCA cycle across Clauses 4-10.

    Key Components

    • Leadership commitment, anti-bribery policy, compliance function.
    • Bribery risk assessments, due diligence, financial/non-financial controls.
    • Training, awareness, reporting, investigations.
    • Monitoring, audits, management reviews, continual improvement. Built on Harmonized Structure (HS) for integration; optional third-party certification with audits.

    Why Organizations Use It

    Mitigates legal risks (e.g., FCPA, UK Bribery Act), reduces liability via evidence of reasonable steps. Builds stakeholder trust, cuts compliance costs up to 15%, enhances reputation. Drives operational efficiency, cultural change, market access.

    Implementation Overview

    Phased: gap analysis, risk assessment, control design, training, audits. Scalable for SMEs to multinationals, all sectors/geographies. Certification involves Stage 1/2 audits, 3-year cycle with surveillance. (178 words)

    ISO 14064 Details

    What It Is

    ISO 14064 (Parts 1-3: 2018-2019) is an international standard family for greenhouse gas (GHG) quantification, reporting, and assurance. It specifies requirements for organizational inventories, project reductions, and verification, using a principle-based approach focused on boundaries, scopes, and data quality.

    Key Components

    • **Three modular partsISO 14064-1 (organizational inventories), ISO 14064-2 (projects), ISO 14064-3 (validation/verification).
    • **Five core principlesrelevance, completeness, consistency, transparency, accuracy.
    • Scopes 1-3 classification; no fixed controls, but auditable processes.
    • Optional third-party assurance under ISO 14065.

    Why Organizations Use It

    • Meets regulatory demands (e.g., CSRD, SB-253); enables emissions trading.
    • Mitigates greenwashing risks; supports decarbonization strategies.
    • Builds investor confidence, supply-chain credibility.
    • Drives operational efficiencies via hotspot identification.

    Implementation Overview

    • Phased: governance, boundaries, data collection, verification.
    • Applies to all sizes/sectors globally.
    • Involves training, software, audits; voluntary but assurance-recommended.

    Key Differences

    Scope

    ISO 37001
    Anti-bribery management systems only
    ISO 14064
    GHG emissions inventories and verification

    Industry

    ISO 37001
    All sectors, high-risk like extractives
    ISO 14064
    All sectors, energy-intensive prioritized

    Nature

    ISO 37001
    Voluntary certifiable management standard
    ISO 14064
    Voluntary GHG quantification standard

    Testing

    ISO 37001
    Annual certification audits, surveillance
    ISO 14064
    Optional third-party validation/verification

    Penalties

    ISO 37001
    No legal penalties, certification loss
    ISO 14064
    No legal penalties, reporting credibility loss

    Frequently Asked Questions

    Common questions about ISO 37001 and ISO 14064

    ISO 37001 FAQ

    ISO 14064 FAQ

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