Gates

info@gates-robotics.com
8 Admiralty Street, #07-01, Admirax, Singapore 757438

ISO 31000 – Risk management

Overview

What is ISO 31000?

ISO 31000 – Risk management is an international standard that provides principles, a framework, and a process for managing risk across an entire organization.

Why ISO 31000 Is So Important Today

Risks Are More Complex and Interconnected
Organizations Face Rapid Change
Regulatory and Investor Scrutiny Is Increasing
Reputation and Trust Are Critical Assets
Benefits of ISO 31000
  • Improves Decision-Making
  • Strengthens Governance and Accountability
  • Reduces Surprises and Losses
  • Supports Compliance and Regulatory Expectations
  • Enhances Organizational Resilience
  • Builds Stakeholder Confidence
What Does ISO 31000 Cover?
Risk Management Principles

Establishes core principles such as value creation, integration into decision-making, and continual improvement.

Risk Management Framework

Defines roles, leadership commitment, governance structure, and accountability for managing risk.

Risk Management Process

Covers risk identification, analysis, evaluation, treatment, monitoring, and review.

Communication and Consultation

Emphasizes transparency, stakeholder engagement, and clear communication of risks.

FAQs

ISO 31000 is an international standard that provides principles, a framework, and a process for managing risk across an organization. It helps organizations identify, assess, and manage risks in a structured and consistent way.

ISO 31000 is not mandatory and not a certifiable standard. It serves as guidance and best practice for establishing effective risk management rather than a compliance checklist.

ISO 31000 applies to organizations of all sizes and industries, including executives, boards, risk managers, project leaders, and operational teams.

ISO 31000 focuses on enterprise-wide risk management, while other standards may address specific areas such as machinery safety, information security, or business continuity.

Yes. ISO 31000 is designed to integrate easily with other standards such as ISO 12100, ISO 27001, ISO 22301, and industry-specific safety standards.

Without a structured risk management approach, organizations face higher exposure to operational failures, regulatory issues, financial loss, and reputational damage.