The International Organization for Standardization or ISO 31000:2009 is a group of risk management standards designed to provide principles and guidelines to assist ERM professionals and companies with risk management practices. It provides an international benchmark for effective risk management and corporate governance.
Further to its release, an implementation guide, A Structured Approach to ERM and the Requirements of ISO 31000 was produced by the Institute of Risk Managment (IRM), AIRMIC and Alarm and is available for free download.