I've worked in the corporate world for decades across multiple different sectors and I've never seen anything like one. I'm in the UK though - maybe it's different where you are.
I find it hard to believe that the UK corporate world is so different that they don’t have mandatory trainings with fancy certificates presented to you at the end.
Oh that, yeah I've seen pointless certificates given out for doing crappy mandatory training courses.
Although, the only place I've seen them is in a company whose HQ is in the US. So maybe that is more of a US thing too.
To be honest, I never saw them as a participation reward. Everyone hates doing the damn things in the first place, nobody cares about getting the certificate.