BSI Standards PublicationRisk management — GuidelinesBS ISO 31000:2018 National foreword This British Standard is the UK implementation of ISO 31000:2018. It supersedes BS ISO 31000:2009, which is withdrawn. The UK participation in its preparation was entrusted to Technical Committee RM/1, Risk management. A list of organizations represented on this committee can be obtained on request to its secretary. This publication does not purport to include all the necessary provisions of a contract. Users are responsible for its correct application. © The British Standards Institution 2018 Published by BSI Standards Limited 2018 ISBN 978 0 580 88518 1 ICS 03.100.01 Compliance with a British Standard cannot confer immunity from legal obligations. This British Standard was published under the authority of the Standards Policy and Strategy Committee on 28 February 2018. Amendments/corrigenda issued since publication Date Text affectedBRITISH STANDARDBS ISO 31000:2018 © ISO 2018Risk management — Guidelines Management du risque — Lignes directricesINTERNATIONAL STANDARDISO 31000 Second edition 2018-02-15 Reference number ISO 31000:2018(E)BS ISO 31000:2018 ISO 31000:2018(E) ii © ISO 2018 – All rights reservedCOPYRIGHT PROTECTED DOCUMENT © ISO 2018, Published in Switzerland All rights reserved. Unless otherwise specified, no part of this publication may be reproduced or utilized otherwise in any form or by any means, electronic or mechanical, including photocopying, or posting on the internet or an intranet, without prior written permission. Permission can be requested from either ISO at the address below or ISO’s member body in the country of the requester. ISO copyright office Ch. de Blandonnet 8 • CP 401 CH-1214 Vernier, Geneva, Switzerland Tel. +41 22 749 01 11 Fax +41 22 749 09 47 copyright@iso.org www.iso.org BS ISO 31000:2018 ISO 31000:2018(E) Foreword ........................................................................................................................................................................................................................................ iv Introduction .................................................................................................................................................................................................................................. v 1 Scope ................................................................................................................................................................................................................................. 1 2 Normative references ...................................................................................................................................................................................... 1 3 Terms and definitions ..................................................................................................................................................................................... 1 4 Principles ..................................................................................................................................................................................................................... 2 5 Framework ................................................................................................................................................................................................................. 4 5.1 General ........................................................................................................................................................................................................... 4 5.2 Leadership and commitment ..................................................................................................................................................... 5 5.3 Integration ...........................................................................................