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Call us at: +44 (0) 1494 772327
The COVID-19 pandemic and the Ukraine war are two examples of global risks that have had a significant impact on businesses worldwide. The pandemic has caused widespread disruption to supply chains, reduced consumer demand, and forced many businesses to close their doors. The Ukraine war has led to economic uncertainty, disrupted physical supply chains, and increased geopolitical risk.
These risks have highlighted the importance of risk management and organisational resilience. ISO standard can provide principles and guidelines for managing risks. While standards do not specifically address the risks posed by the pandemic or the Ukraine war, they can be used to support an organization’s efforts to manage these risks and build resilience.
ISO 22301 provides principles and attributes for organizational resilience ³. It is a framework that helps organizations future-proof their business by detailing key principles, attributes, and activities that have been agreed on by experts from all around the world ³.
ISO 20000-1 provides guidelines for IT service management, including the reduction of energy consumption and carbon emissions associated with IT services . While it does not specifically address risk and resilience, it can be used to support an organization’s efforts to reduce its carbon footprint and achieve carbon neutrality.
ISO 31000 provides principles and generic guidelines on managing risks that could be negative faced by organizations as these could have consequence in terms of economic performance and professional reputation ¹². It can be used by any organization regardless of its size, activity or sector ². ISO 31000 provides a framework and a process for managing risk, including the identification, assessment, and treatment of risks ¹.
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