ISO 31000:2018
Risk Management
The international guidance standard for risk management. ISO states that ISO 31000:2018 gives guidelines rather than requirements and is not intended for certification purposes. UCS certifies the standards that carry risk-based requirements, such as ISO 9001:2015 and ISO/IEC 27001:2022.
Why Certify
Benefits of ISO 31000:2018
ISO 31000:2018 helps Australian organisations build resilient risk structures that protect value, support governance, and improve decision making.
Strengthen Enterprise Risk Governance
Establish a consistent, enterprise-wide risk management structure that aligns with board-level governance expectations.
Improve Decision Making
Embed risk-informed decision making across all levels of your organisation — from strategic planning to operational execution.
Demonstrate Risk Maturity
Signal to regulators, investors, and stakeholders that your organisation manages risk with international best practice.
Win Risk-Sensitive Contracts
Many government and financial sector contracts require demonstrated enterprise risk management capabilities and structures.
Align with International Standards
ISO 31000 is aligned with Australian and international governance structures including ASX Corporate Governance Principles.
Build Risk Culture
Create a consistent risk language and culture across your organisation that supports proactive, not reactive, risk management.
What It Covers
What ISO 31000:2018 Covers
ISO 31000:2018 establishes principles and a process structure for effective risk management at all levels of an organisation.
Industries
Who Needs ISO 31000:2018?
Any Australian organisation with significant risk governance responsibilities:
Simple & Clear
Our Certification Process
ISO 31000:2018 itself is not certified. This is the process UCS follows for the certifiable standards that carry risk-based requirements, such as ISO 9001:2015 and ISO/IEC 27001:2022.
Application
Submit your application to initiate the certification process.
Certification Agreement
A formal agreement will be shared for your review and signature prior to commencement.
Stage 1 Audit
A thorough review of your documentation, processes, and overall readiness against the applicable standard.
Stage 1 Audit Report
A detailed report outlining findings, observations, and recommended actions will be shared with you.
Stage 2 Audit
An on-site or remote assessment evaluating the implementation, effectiveness, and conformity of your management system.
Final Report & Certification
Upon completion of the Stage 2 audit, a comprehensive report will be issued. Any identified nonconformities must be addressed before certification is formally granted.
Pricing
How Much Does Certification Cost in Australia?
ISO 31000:2018 is not certified, so it carries no certification fee. For the certifiable standards, costs vary with organisation size and audit scope. UCS provides transparent quotes with no hidden fees.
Nationwide Service
ISO 31000:2018 Across Australia
UCS audits and certifies management systems for organisations in every major Australian city and nationwide.
FAQ
ISO 31000:2018 Common Questions
Answers to the most common questions about ISO 31000:2018 risk management in Australia.
What is ISO 31000:2018?
ISO 31000:2018 is the international standard for risk management. It provides principles, a structured system, and a process for managing risk in organisations of any type, size, and sector. ISO states that it gives guidelines rather than requirements and is not intended for certification purposes, so organisations adopt it to strengthen how they manage risk rather than to be certified against it.
Is ISO 31000:2018 certifiable?
No. ISO 31000:2018 is a guidance standard rather than a requirements standard like ISO 9001:2015, and ISO states it is not intended for certification purposes. UCS does not issue ISO 31000:2018 certificates. What UCS certifies are the standards that carry risk-based requirements, such as ISO 9001:2015, ISO/IEC 27001:2022, and ISO 45001:2018, and the risk work done under ISO 31000:2018 feeds directly into those audits.
How much does certification cost in Australia?
ISO 31000:2018 is not certified, so it carries no certification fee. For the certifiable standards, costs vary with organisation size, risk complexity, and audit scope. UCS provides transparent quotes within 3–4 hours, with no hidden fees.
How does ISO 31000 relate to APRA CPS 220 and other Australian risk requirements?
ISO 31000:2018 is aligned with Australian risk management obligations including APRA CPS 220 (Risk Management for banks and insurers), ASX Corporate Governance Principles, and various government risk management structures. Applying it is one recognised way to document internationally accepted risk management practice. Confirm what any specific regulator requires with them directly.
What types of Australian organisations benefit from ISO 31000?
Australian financial institutions, government bodies, listed companies (under ASX Corporate Governance obligations), healthcare organisations, infrastructure operators, and any entity with significant risk management obligations benefit most from applying ISO 31000:2018.
How long is a UCS certificate valid?
UCS does not issue ISO 31000:2018 certificates, because the standard is not intended for certification. Certificates for the certifiable standards, such as ISO 9001:2015 and ISO/IEC 27001:2022, are valid for 3 years, with annual surveillance audits.
Often Certified Together
Related Certifications
Many Australian businesses pair this standard with one of the certifications below.
Ready to Strengthen Your Risk Management?
ISO 31000:2018 is not certified. Contact our team for a free assessment and quote for the certifiable standards that carry risk-based requirements.