Standards Comparison

    ISO 31000

    Voluntary
    2018

    International guidelines for enterprise risk management

    VS

    CSA

    Voluntary
    1919

    Canadian consensus standards for occupational health and safety

    Quick Verdict

    ISO 31000 provides voluntary risk management guidelines for all organizations globally, while CSA offers OHS standards often mandated via Canadian regulations. Companies adopt ISO 31000 for strategic resilience; CSA for legal compliance and safety certification.

    Risk Management

    ISO 31000

    ISO 31000:2018 Risk management — Guidelines

    Cost
    €€€
    Complexity
    Medium
    Implementation Time
    12-18 months

    Key Features

    • Defines risk as effect of uncertainty on objectives
    • Eight principles guiding integrated risk management
    • Framework embeds risk into governance and leadership
    • Iterative process for assessment, treatment, monitoring
    • Non-certifiable guidelines for any organization size
    Product Safety

    CSA

    CSA Z1000 Occupational Health and Safety Management

    Cost
    €€€€
    Complexity
    High
    Implementation Time
    12-18 months

    Key Features

    • Consensus-based development with SCC accreditation
    • PDCA cycle for OHS management systems (Z1000)
    • Hazard identification and risk assessment (Z1002)
    • Hierarchy of controls for risk prioritization
    • Worker participation and leadership commitment

    Detailed Analysis

    A comprehensive look at the specific requirements, scope, and impact of each standard.

    ISO 31000 Details

    What It Is

    ISO 31000:2018, Risk management — Guidelines is an international standard providing non-certifiable guidelines for systematic risk management. Its primary purpose is to help organizations of any size or sector manage uncertainty affecting objectives, using a principles-based, iterative approach that creates and protects value.

    Key Components

    • **Three pillars8 principles (e.g., integrated, dynamic, continual improvement), framework (leadership, integration, design, evaluation), and process (communication, scope/context/criteria, assessment, treatment, monitoring/reporting).
    • No fixed controls; flexible, customizable methods.
    • Built on PDCA cycle; aligns with standards like ISO 31010 for techniques.
    • No certification; self-assessed alignment via governance and evidence.

    Why Organizations Use It

    • Enhances decision-making, resilience, and opportunity capture.
    • Meets stakeholder expectations for governance without legal mandates.
    • Reduces losses, improves efficiency, builds trust.
    • Competitive edge in strategy, M&A, operations.

    Implementation Overview

    • Phased: leadership alignment, gap analysis, pilot, scale, monitor.
    • Involves policy, roles, training, tools like GRC platforms.
    • Universal applicability; tailored to context.
    • Internal audits for assurance, no external certification.

    CSA Details

    What It Is

    CSA standards, developed by CSA Group, are a family of accredited, consensus-based standards for products, systems, and management in Health, Environment, and Safety (HES). Primarily voluntary, they become mandatory via regulatory incorporation. Key ones like CSA Z1000 (OHSMS) and Z1002 (hazard ID) use a risk-based PDCA methodology.

    Key Components

    • **PDCA structureleadership/policy, planning, implementation, checking, review.
    • Hazard classification (biological, chemical, ergonomic, physical, psychosocial, safety).
    • Risk assessment, hierarchy of controls.
    • Consensus process with SCC oversight; certification by accredited bodies.

    Why Organizations Use It

    • Meets due diligence, legal duties when referenced.
    • Reduces risks, improves compliance monitoring.
    • Builds trust, supports policy implementation, demonstrates continual improvement.

    Implementation Overview

    Phased: gap analysis, training, audits, worker participation. Suits all sizes/industries; global via alignments. 5-year reviews; optional certification.

    Key Differences

    Scope

    ISO 31000
    Enterprise risk management guidelines
    CSA
    OHS hazard identification and control

    Industry

    ISO 31000
    All sectors globally
    CSA
    Worker safety, primarily Canada

    Nature

    ISO 31000
    Voluntary non-certifiable guidelines
    CSA
    Voluntary standards, often legally referenced

    Testing

    ISO 31000
    Internal audits and reviews
    CSA
    Certification audits and product testing

    Penalties

    ISO 31000
    No legal penalties
    CSA
    Fines via regulatory incorporation

    Frequently Asked Questions

    Common questions about ISO 31000 and CSA

    ISO 31000 FAQ

    CSA FAQ

    You Might also be Interested in These Articles...

    Run Maturity Assessments with GRADUM

    Transform your compliance journey with our AI-powered assessment platform

    Assess your organization's maturity across multiple standards and regulations including ISO 27001, DORA, NIS2, NIST, GDPR, and hundreds more. Get actionable insights and track your progress with collaborative, AI-powered evaluations.

    100+ Standards & Regulations
    AI-Powered Insights
    Collaborative Assessments
    Actionable Recommendations

    Check out these other Gradum.io Standards Comparison Pages