News

With the assistance of  EKVITA, for the first time in the agricultural sector Agro Dairy LLC, one of Azerbaijan’s leading agricultural companies obtained  ISO 37001 Anti-Bribery Management Systems certificate. 

Agro Dairy, one of the major agricultural companies in the country, in 2020 signed a contract with EKVITA  for the establishment of the ISO 37001 system. As a full-fledged consulting firm, EKVITA has carried out extensive work by building the company's anti-bribery management system from the ground up, identifying the gaps as a key principle underlying the building of management systems, implementing a risk-based approach, developing new and improving existing procedures, determining the guidance for communication, delivering numerous training and raising awareness sessions, and, support in conducting the system’s internal audit. 

Further, for an independent audit, Agro Dairy hired a Turkish company, “Denetik Uluslararası Belgelendirme ve Gözetim Hizmetleri”, accredited by the American National Accreditation Board (ANSI), As a result, the system established by EKVITA was successfully audited by an independent auditor and passed the certification, with obtaining of the International Certificate  ISO 37001, Anti-Bribery Management Systems based on ISO requirements. 

"This achievement of Agro Dairy is truly commendable, as it became the first company in the agricultural sector to acquire ISO 37001 certificate. We have been working with Agro Dairy on this endeavor for about a year. It was a great pleasure for us to see the fruit of our collaborative effort. Furthermore, the fact that our work has been approved by a well-known independent auditor of Turkey demonstrates the high quality of our work once again. We are also proud of this achievement and congratulate our client - Agro Dairy, its management and staff, and the entire Pasha Holding Group in general, ” said Ilgar Mehti, founder and the Director of EKVITA. 

Adnan Karadash, head of “Denetik Uluslararası Belgelendirme ve Gözetim Hizmetleri”: " Agro Diary has completed the work on the development of its internal anti-bribery system, which also enhances the international prestige of the Azerbaijan companies. In its turn, carrying out this work in a single governance structure ensures systematic, sustainable, and real success. I sincerely congratulate Agro Diary and its partners on this accomplishment which was achieved under the leadership of the management and the participation of the company employees. ”. 

EKVITA is the very first company in the CIS to be ISO 37001 certified. EKVITA is an accredited Audit Partner of one of the international audit companies and is able to assist all organizations, regardless of their size, structure, and activity type in preparing for the ISO 37001 certification process. 

EKVITA serves as an external compliance function for many foreign companies operating in Azerbaijan, including the oil and gas sector. The company guides other entities in advancing effective internal controls, providing essential training to employees, developing necessary policies and procedures, and participating in the due diligence of suppliers and other business partners. 

Existence of a strong internal compliance system within EKVITA itself also boosts building effective and adequate internal compliance systems in customer entities. Our company plays an important role in the development and promotion of compliance culture in Azerbaijan as an active member of the Legal and Compliance Committee of AmCham, Azerbaijan  Ethics and Compliance Network, the Working Group on Corruption and Transparency of the Business Environment and International Ratings Commission of the Republic of Azerbaijan.

If you have any questions regarding ISO 37001, please don’t hesitate to contact EKVITA consultants.