Hyundai Glovis, a logistics arm under Hyundai Motor Group, has been certified as a company operating with an anti-bribery management system by the International Organization for Standardization, the company said Thursday.

The certificate, codenamed ISO 37001, is given after assessing the company’s overall management system whether it is capable of preventing, detecting and responding to bribery as well as its compliance with bribery laws.

“The company will have strict ethical standards as we are aware of their importance and that ethics are the source of corporate competitiveness,” said an official.

By Cho Chung-un (christory@heraldcorp.com)