US-based leading multinational corporation, Walmart has initiated the process to become first US company to get certified under a new international anti-corruption compliance programme developed by International Organization for Standardization (ISO), world’s largest developer and publisher of international standards.
This was reportedly disclosed by Jay Jorgensen, Walmart’s Executive Vice President and Global Chief Ethics and Compliance Officer. “We have started looking for a company that would certify us,” Jorgensen was quoted as saying by a leading international news agency.
The new anti-corruption compliance programme could help companies defend themselves against isolated cases of corruption or poor business practices.
Also Read – Walmart inks deal to open 10 stores in Telangana (India)
Walmart has invested more than US $ 141 million in global ethics and compliance systems since 2013. The retailer’s ethics and compliance system came into focus after a New York Times report in 2012 found that it had engaged in a multi-year bribery campaign to build its Walmart de Mexico business.
Bharat Tex Special Report 2026 
