ISO 31000:2018 Risk Management provides principles, framework and a process for managing risk. Public, private and community enterprises can all benefit from ISO 31000:2018 because it covers most business activities, including research, planning, management and communications. Implementing ISO 31000:2018 can help organisations increase the likelihood of achieving objectives, improve the identification of opportunities and threats and effectively allocate and use resources for risk treatment.

Benefits of ISO 31000:2018 Risk Management Standard

  • It can be used by organisations to compare their risk management practices with an internationally recognised benchmark, providing sound principles for effective management and corporate governance.
  • It is a clear indicator to your customers, and other stakeholders that as an organisation, you are committed to managing risks in every part of your business.
  • It increases public confidence in the organisation as it demonstrates your management capabilities in protecting your business from internal and external threats.
  • ISO 31000:2018 Certification helps to provide guidance for internal or external audit programmers.
  • In competitive bidding for commercial tenders, it will enhance your company’s reputation and give you a competitive advantage.

Contact our team today to apply for the ISO 31000 Risk Management certification.

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Complete our FREE Highest Ethical Business Assessment (HEBA) & evaluate your current Corporate Compliance Program. Find out if your organisation’s compliance program is in the line with worldwide Compliance, Business Ethics, Anti-Bribery and Anti-Corruption Frameworks. Let ABAC® experts prepare a complimentary gap analysis of your compliance program to evaluate if it meets “adequate procedures” requirements under UK Bribery Act, DOJ’s Evaluation of Corporate Compliance Programs Guidance and Malaysian Anti-Corruption Commission.

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Huma Khalid

Scheme Manager, ABAC Center of Excellence

e: huma.k@ABACgroup.com
t: +44 777 652 4355, +971 521 042 433
Dubai, United Arab Emirates

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