Press Release – March 21, 2013

WHAT is the ISO 31000 risk management standard ?

ISO 31000 is the only internationally-recognized ISO standard in risk management.

WHO has developed it ?

Up to 60 experts from different sectors (industry, health & safety, quality management, banking & finance, etc.), representing 30 countries, worked within an ISO international working group called the ISO TC 262 committee – see : http://www.iso.org/iso/iso_technical_committee?commid=629121

WHEN was it published ?

It has been published in November 2009

WHICH COUNTRY has adopted it ?

Up to 40 countries have adopted ISO 31000 as their national risk management standard, including in the USA under the label ANSI/ASSE/ ISO 31000

Based on informal information collected by G31000, here is the list of countries (situation on August 2011):

Argentina, Australia, Austria, Belarus, Bulgaria, Brazil, Canada, Chile, China, Czech Republic, Denmark, Estonia, Finland,  France, Germany, India, Iran, Israel, Italy, Japan, Malaysia,  Mexico, Netherlands, New-Zealand,  Norway, Poland, Portugal, Romania, Russia, Singapore, Slovak Republic, Slovenia, South-Africa, Spain, Sweden, Switzerland, Thailand, Turkey, United Kingdom, Uruguay, United States

WHO should refer to it ?

ISO 31000 can be used by any public, private or community enterprise, association, group or individual. Therefore, ISO 31000: 2009 is not specific to any industry or sector.

What are the benefits ?

• A single global reference for stakeholders
• The only internationally recognized ISO standard in risk management
• Adopted by most countries as their national risk management standard
• Based on the 20 years long experience of existing risk management standards such as AS/NZS4360, the Australian/New-Zealand standard
• Can apply to any activity or domain in any organisation, any size – public or private
• Provides an “umbrella” for many recognised standards and guidelines that refer to risk management
• Voluntary application, non prescriptive, with no legal requirement and specifically not intended for certification
• Robust and simple to apply
• Opportunity for an organisation to review their existing risk management practices
• Promotes business performance and is not a bureaucratic compliance/reporting system
• Text is concise (24 pages) and clearly written
• What are the specific benefits for every sector?
• Provides a simple structure for regulatory requirements.
• Proposes a vocabulary, a set of principles, a framework and a process for the management of risks across departments.
• ü  Risk management is not a function of a single department any more, but may be embedded in organization’s decision making processes.
• HOW to get my company certified in ISO 31000 ?
• The standard clearly states that “ISO 31000 is not intented to be used for the purpose of certification”. Therefore, there is no certification of organisations.

What is G31000 ?

Launched in May 2012, G31000, the Global Institute for Risk Management Standards, is a non-for-profit international association dedicated to raising awareness about the ISO 31000 risk management standard. It supports events, training and certification of individuals through a network of contacts, worldwide.

HOW to get individuals certified in ISO 31000 ?

The Global Institute for Risk Management Standards will introduce the C31000™ Certificate which will serve as the international standard for validation of the understanding and knowledge on the ISO 31000 Risk Management Standard. We are currently building up a network of G31000-certified trainers delivering a 3-day course+examination on the ISO 31000 standard. Feel free to inform us when and where you would like to get your ISO 31000 certification by answering this 5-min survey : http://www.cvent.com/d/jcqr0h

For more information: Please email Madeleine Leblanc at education@G31000.org