Corporate travel is vital for business growth, fostering expansion and collaboration. Yet, it also carries inherent risks, prompting the International Organization for Standardization (ISO) to publish ISO 31030 in September 2021. This comprehensive framework addresses travel-related risks and offers standardized risk management practices.
Morvillo Abramowitz Grand Iason & Anello PC, a leading law firm specializing in corporate compliance and risk management, authored a groundbreaking whitepaper titled "Navigating Corporate Travel Risk: A Guide to ISO 31030 Compliance." This paper delves into ISO 31030's significance for corporations, particularly within the context of United States law.
The whitepaper aims to assist corporations in understanding ISO 31030 and its relevance to their duty of care towards employees and stakeholders. By providing an overview of the ISO standard and its alignment with U.S. legal frameworks, the paper equips businesses to navigate corporate travel risk management effectively.
'Travel Risk Management: Legal Risks and Mitigation' Whitepaper Key Points
- Comprehensive Overview: Understand the significance of ISO 31030 for corporate travel management and its alignment with U.S. legal frameworks.
- Legal Implications: Explore the civil, regulatory, and criminal legal implications of travel-related incidents, shedding light on businesses' responsibilities and proactive risk mitigation measures.
- Importance of Compliance: Recognize the critical role of compliance policies in mitigating travel-related risks and enhancing legal defenses.
- Evidential Implications: Learn how ISO 31030 compliance can strengthen legal defenses in civil and criminal proceedings by demonstrating a commitment to assessing and managing overseas accommodation risks.
- Robust Risk Management: Appreciate the importance of robust travel risk management practices in ensuring employee safety, safeguarding corporate reputation, and mitigating legal risks.
In today's evolving business landscape, robust travel risk management practices are essential for ensuring employee safety, safeguarding corporate reputation, and mitigating legal risks. ISO 31030 compliance offers a standardized approach to address these complexities.
To delve deeper into ISO 31030's travel management implications, we encourage you to read the whitepaper here: 'Travel Risk Management: Legal Risks and Mitigation' Whitepaper
Authored by Morvillo Abramowtiz Grand Iason & Anello P.C.
The purpose of this paper is to provide general and provisional thoughts on the new ISO 31030. This paper was prepared by Morvillo Abramowtiz Grand Iason & Anello P.C. but does not reflect the view of the law firm in the context of any particular situation or matter. The guidance set forth in the paper is for informational purposes only and is subject to change in light of future developments in this new area. Neither this publication nor Morvillo Abramowtiz Grand Iason & Anello P.C. are providing legal or other professional advice or opinions on specific facts or matters, nor does the distribution of this publication to any person constitute the establishment of any client relationship. The information contained within this publication is believed to be accurate and correct at the time of writing, but this document does not constitute legal advice. Legal advice will always be dependent upon the specific facts of any matter and no reliance should be placed upon this document or the information contained therein. We disclaim any and all liability for any errors in or omissions contained in this document. All rights are reserved by Morvillo Abramowtiz Grand Iason & Anello P.C.