Amaala awarded certifications for risk management and business resilience
Amaala is a core component of the Vision 2030 strategy to diversify the economy by enabling rapid growth in the tourism sector
Saudi Arabia’s Amaala has been awarded two ISO certifications by the British Standards Institution (BSI). The certifications cover risk management and business continuity management systems and are said to be the highest level of certification offered by the awarding body.
According to a statement, Amaala’s ISO31000:2018 certification is a result of the implementation of a rigorous process towards risk identification, analysis, evaluation and treatment that adhere to the destination’s business objectives. The audit is said to have successfully recognised the efficiencies of Amaala’s risk management strategy, which guaranteed confident risk reporting, successful decision making, and accountability across the organisation.
For the ISO 22301:2019 certification, BSI conducted an audit on the current operations of the organisation, analysing the strategic direction of the management system and comparing the current resilience controls and arrangements that have been put in place against the overall strategic goals of the organisation and its risk appetite. BSI found Amaala’s approach to resilience and its components of crisis management and business continuity to be compliant with the standard. This competence will continue to be re-assessed annually to ensure the highest levels of implementation are maintained, the statement added.
“Holding ourselves to the highest standards is at the heart of our work at Amaala. Both certifications are a reward for our consistent approach to managing risk and resilience in an organised and process-driven manner. Amaala now joins The Red Sea Development Company in being recognised as a regional leader in terms of resilience and business continuity and risk management, and I am delighted that the project is being delivered in line with globally recognised standards,” said John Pagano, CEO of Amaala and TRSDC.
The successful implementation of Amaala’s operations have been demonstrated through its response to COVID-19 and the organisation was commended for maintaining its critical business activities during the pandemic. The audit also assessed the manner in which Amaala analysed and mitigated continuity risks in is supply chain, evaluating critical suppliers and its own resilience capability, all of which were praised by the assigned auditor, the statement explained.
BSI is said to have also commended the strategic support and commitment that Amaala has towards resilience, as well as the collaboration between all teams who have a role in managing and responding to disruptive incidents. BSI noted Amaala’s excellence in identifying risks and escalating its response where required to minimise the impact on the whole organisation.
Theuns Kotze, managing director of BSI, IMETA region concluded, “BSI is committed to helping organisations become more agile, sustainable and resilient in today’s world. Amaala’s adoption and compliance to the ISO 22301:2019 and ISO31000:2018 standards demonstrate its commitment to increase its resilience and manage incidents effectively. This certification also demonstrates Amaala’s preparedness for disruptive incidents due to its tested plans. I’d like to congratulate Amaala on behalf of BSI for this achievement.”
