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Business continuity management 

Benefits

The goal is for the company to be secured against a wide range of potential threats and disruptions, including:

  • technology failure

  • sudden loss of critical resources

  • natural disaster

  • terrorist attack

  • ...

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  • the company defines procedures and environments that will enable it to ensure, in the event of a disruption, the continuity and renewal of key processes and activities of the organization, to a predetermined minimum level.

  • protection of the interests of key shareholders, shareholders, as well as employees and other interest groups, the company's reputation and brand.

  • reassurance of clients, suppliers, regulators and other stakeholders that the organization is not only prepared for disruption, but that it is able to adapt to the new conditions and continue to function.

"A resilient organization is one that can adapt to change, is aware of where its vulnerabilities lie, and has plans in place to respond if something goes wrong," said James Crask (co-creator of the standard).

CASE STUDY

ISO 22301

What do ESG and ISO 22301 have in common?

 ISO 22301 is relevant to ESG reportig because it shows the organization's ability to respond to unexpected events and ensure the continuity of its key processes and services. ISO 22301 can be reported in the ESG report within the Governance section, specifically in the section on risk management and crisis preparedness. In this section, the organization should describe its business continuity policy and objectives, risk identification and analysis process, disaster recovery plans, and BCMS testing and improvement. It should also indicate the date of ISO 22301 implementation or certification and any results of audits or revisions.

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