Press release about ISO 31000 standard
WHAT is the ISO 31000 risk management standard?
ISO 31000 is the internationally-recognized ISO standard in risk management. It has been adopted in Turkey under the label TS ISO 31000.
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 :
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 Turkey, under the label "TS 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 the financial and banking sector?
Provides a simple structure for regulatory requirements such as BaselI/III and the new Turkish Code of Commerce published last year, in July 2011.
Proposes a vocabulary, a set of principles, a framework and a process for the management of risks across departments.
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.
For more information: Please email and copy to
1 / Written by Alex Dali, 2nd December 2012Approved by Prof. Dr. C. Coşkun Küçüközmen, Conference Chair, 2nd December, 2012