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ISO 31000
What is it?
Understanding risk as the uncertainty in the achievement of objectives, the standard ISO 31000 establishes the principles, framework, and process for the management of any type of risk in a transparent, systematic, and reliable manner in any field or context. In addition, it allows all companies to compare their Risk Management System with a single point of reference recognized internationally.
Legal framework
- UNE-ISO 31000: 2010 Risk Management System.
Who is it for?
ISO 31000 can be applied to any entity no matter if it is public, private, association or group. Nevertheless, this standard is specially interesting for companies that want to guarantee and demonstrate they have adopted a good risk management system, demonstrating a firm commitment to their stakeholders about the right understanding and management of risks.