New global standard released for managing travel risk

Our advice is to check in with your travel management company and draw on trusted resources that provide credible information on what is expected from a duty of care perspective for organisations that have a mobile workforce.

And by ‘trusted resources’ we’re referring to publications like the recently released international ISO 31030 Travel Risk Management standard, which provides comprehensive information on all aspects of managing travel risk. The new standard in travel risk management includes credible insight into the planning, research, development and execution of risk management programs for businesses of all sizes.

During the past 18 months, Corporate Traveller has helped hundreds of clients work through their travel policies and travel risk procedures to ensure a safe and confident return to travel. Corporate Traveller General Manager, Tom Walley, said the new standard formalised risk strategies, enabling businesses to implement them independently.

“The new global standard provides a foundation for organisations of all sizes to mitigate health, safety and security risks at all stages of the traveller journey,” he said.

Adrian O’Connell, CEO of Standards Australia said that while December saw many lines of international travel open up to Australia, the pandemic was still ongoing.

“There are travel risks associated with this, including to personnel, reputation, finance, business continuity and resilience. These risks impact on an organisation’s legal, compliance and duty of care responsibilities,” Adrian said.

“ISO 31030 Travel Risk Management was developed to offer guidance to organisations on how to manage risk as a result of undertaking travel. The standard provides a structured approach to the development, implementation, evaluation and review of its travel risk management policy and program.”