BSI’s consulting practice operates on the same risk management principles as our world-class clients, who routinely make decisions involving billions of dollars of capital and tens of thousands of lives.
Our approach to risk management lays a broad scope, encompassing seven areas of risk: economic, operational, environmental, financial, legal & regulatory, health, and safety.
We adhere to the principles of documented risk management standards applicable to the energy industry such as:
As per ISO 31000, we adhere to the precepts of:
As per NORSOK Z-013, we engage in our work with respect for the principles of:
As per ISO 17776, our work respects the principles of:
For further information on BSI’s guiding risk management principles and policies, contact us or reference our presentation to ADIPEC on the subject: “SPE-161035-PP: Major Accident Prevention and Lessons Learned in Oil & Gas: Four Guidelines and Thirteen Best Practices for Governing Safe Supply Chains.”