ABHI CoBP Logo Scheme

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Ethical Business Compliance

Logo Scheme

What is it?

The “Ethical Business Logo” is a logo licensed by ABHI which can be obtained by any company member. The logo is based on the self-certification by the company CEO or managing director that his/her company adheres to the high ethical standards embodied by the ABHI Code of Business Practice. Concretely, the company certifies that it has implemented the ABHI Code within its organisation and has put in place the following elements:

written policies and procedures consistent with the provisions of the ABHI Code;
identification and appointment of a senior contact person within the company responsible for the compliance with the ABHI Code and/or the Company's written internal policies and procedures implementing the Code internally;
provision of comprehensive and regular trainings to company employees on the ABHI Code or the Company policies implementing the Code internally.

This logo is not intended to certify that the company has an effective compliance program under Foreign Corrupt Practices Act (FCPA) or any other legislation.

What is its value?

The Ethical Business Logo is a visual sign that displays to stakeholders the commitment of the licensed company to the high ethical standards embodied by the ABHI Code of Business Practice.

It aims at increasing the trust between stakeholders (e.g. healthcare professionals, governments, tendering authorities) and companies. Stakeholders will be confident that they are dealing with a company that maintains high ethical business standards and has an effective compliance programme in place.

Concretely, the logo intends to support companies to:

improve public trust in the MedTech business;
become the preferred choice of ethically concerned customers/consumers;
attract investments from ethically-oriented investors;
recruit and retain highly principled employees and improving employee morale.

Where can it be used?

Any company granted the right to use the Logo may use it on:

Printed or electronic materials such as annual reports, promotional material, business cards, stationery and conference banners and signs;
The company’s website(s).

The Logo cannot however be used in a manner or associated with text that implies that ABHI has endorsed or approved any company’s products, technology or individual compliance plans or practices.

Eligibility

You can request a licence for the Ethical Business Logo if:

Your company is a member of ABHI; and
Your company has implemented the ABHI standards into the company’s policies; and
Your company has an effective compliance programme in place.

ABHI may check on a yearly basis that certifying companies continue to comply with the criteria required to obtain such Logo. Companies are requested to provide evidence of such.
Non-member of ABHI?

During the first year of its introduction, the Ethical Business Logo system is only open to ABHI member companies. From 1st October 2012, any UK-based medical technology manufacturers, distributors or healthcare related service organisations may be able to submit a request for a licence of the logo.

How to obtain it?

Duly complete the Agreement Form (hyperlink) (to be signed by the company CEO or managing director) and the Compliance Questionnaire (hyperlink).
Send the form and supporting documents back to Clive Powell at ABHI. The Information provided reviewed by ABHI to check that all the relevant elements are in place.
Once the application is approved, ABHI will provide your company with electronic copies of the compliance logo.
The name of your company and the company Compliance Officer will be published on this page.

Costs

Use of the Ethical Business Logo is free of charge until 1st October 2012. After that date, the licence to use the Logo will be charged on a yearly basis.

The Ethical Business Logo in Europe: Eucomed

Eucomed launched its version of the logo scheme on 13th September 2001 with an identical logo aimed at its own members. Some companies will be members of both ABHI and Eucomed. ABHI recommends that eligible multinational companies active in more than two EU countries choose the European logo licensed by Eucomed. To obtain more information on this Logo, please visit Eucomed’s website or contact Aline Lautenberg.