Enterprise Risk Management

 
Risk comes from not knowing what you are doing. 

Risk Management & Compliance Unit (RMCU) was established in Indah Water Konsortium to ensure that risk management and compliance process is applied systematically across the Company to identify, assess, treat and manage risks that threaten resources or the achievement of objectives.

Vision
  • To safeguard IWK’s value via effective ERM implementation
Mission
  • To infuse ERM into developing IWK’s business strategies and making strategic decisions
 
IWK Risk Management Framework, Principles and Process

 

 
Awards & Accolades

Silver Award (1st Runner-up) at the Risk Management Team of The Year 2019 Award during the Malaysian Association of Risk and Insurance Management (MARIM) Conference 2019

RMCU Initiatives
  • In-house Risk Management System (IRMS) linked with Operation and Asset Risks
  • Risk Assessment, Validation and Awareness Session with Departments/Units
  • Project Risk Assessment and Evaluation
  • Plant site visit to ensure compliance to effluent discharge requirements
  • Risk Training to the External
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