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ONGC gets certified for ABMS by international accredited certification body

11 Jul 2023 Evaluate

Oil and Natural Gas Corporation (ONGC) has become the first Central Public Sector Enterprise (CPSE) in India to get certified for Anti-Bribery Management System (ABMS) by an international accredited certification body, M/s InterCert USA.

The company was the first organization in India that adopted the Integrity Pact (IP) by Transparency International in 2005. ABMS Certification, thus, becomes another significant milestone in the journey of the Energy Maharatna towards strengthening its stature as a preferred business partner.

After complete assessment and validation by M/s InterCert USA, ABMS has been implemented as per ISO 37001:2016 International Standard under the guidance of an international consultancy firm M/s Digital Age, in the first phase across 10 departments of ONGC’s Corporate Office in Delhi.

ONGC is India’s largest government-run corporation and produces about 70% of India’s crude oil and natural gas. The corporation is the biggest public sector commercial organization in India.


Peers
Company Name CMP
ONGC 235.50
Oil India 485.05
Jindal Drilling&Inds 598.10
Deep Industries 729.95
Aban Offshore 14.21
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