ISO 31000:2018 risk management guidelines provides principles, framework and a process for managing risk.
Rajesh Bhasin, business head, chemicals, at Uflex, said, “In this rapidly changing world, businesses are continuously exposed to newer risks and in order to deliver committed business objectives to stake holders, we ensure that all current and future material risk exposures are identified, assessed, mitigated, monitored and reported.”
Ashok Chaturvedi, chairman & managing director, Uflex, said, “This framework helps not only improve our competence to deal with forthcoming challenges but also embeds it in our business management philosophy, thereby increasing the operational efficiency and delivery of overall objectives of the company.”
Incorporated in 1993 and headquartered in Noida, Uflex’s Chemicals Business is a leading supplier of inks, adhesives and speciality coatings. It stands amongst top 15 ink producers, globally (Ink World; August 2018).