(MENAFN- Gulf Times) Gulf Warehousing Company (GWC) has announced“successful renewal” of its ISO 31000:2018 record of verification certificate by Lloyd's Register Quality Assurance (LRQA).

This milestone underscores GWC's unwavering commitment to excellence, following a rigorous evaluation that reaffirmed the company's full compliance with international enterprise risk management (ERM) standards.

This certificate is an internationally recognised standard that ensures that a company is managing“risks” effectively and reaffirms its ability to consistently deal with and contain uncertain situations.

ERM identifies risks which are potential, emerging or existing within an organisation that could have an impact (positive or negative) in achieving its strategic and operational objectives.

GWC's Acting Group CEO Matthew Kearns said, "The renewal of GWC's ISO 31000:2018 Record of Verification Certificate reaffirms our unwavering commitment to the highest standards of operational efficiency and further enhances the reliability of our processes in identifying, assessing, and addressing corporate risks."

Adopting ERM global best practices enhances the ability to achieve strategic and operational objectives while optimising core processes. Risk management is a cornerstone of the organisation's decision-making framework, supported by a robust system of controls, procedures, and standards that proactively identify, assess, monitor, mitigate, and report risks with precision and consistency - ultimately driving operational excellence.

Kearns emphasised GWC's commitment to maintaining the highest global quality standards by refining its operational systems and proactively identifying and managing risks.

With a comprehensive preventive approach, the company strengthens its agility and ensures business continuity during emergencies and crises.

He added that GWC adopts a proactive ERM framework that accounts for the interconnectivity of functions and operations. By integrating risk management into strategic planning, the company strengthens decision-making and ensures business continuity, even in the face of unexpected challenges, which is a key pillar of its growth strategy.

Kearns highlighted GWC's commitment to reinforcing its position as a leading logistics provider by adhering to global best practices and supporting Qatar's Third National Development Strategy and Qatar National Vision 2030.

The company continues to leverage cutting-edge technologies to deliver advanced logistics solutions that meet the needs of its diverse clientele and elevate the sector to new heights.

Additionally, GWC prioritises sustainability and actively supports micro, small, and medium-sized enterprises (MSMEs), enhancing their competitiveness and long-term success.

GWC remains at the forefront as the premier provider of warehousing and distribution solutions across diverse industries.

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