ISO/TS 31050:2023

TECHNICAL ISO/TS
SPECIFICATION 31050
First edition
2023-10
Risk management — Guidelines for
managing an emerging risk to enhance
resilience
Management du risque — Lignes directrices relatives à la gestion des
risques émergents afin d'améliorer la résilience
Reference number
ISO/TS 31050:2023(E)
© ISO 2023

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ISO/TS 31050:2023(E)
COPYRIGHT PROTECTED DOCUMENT
© ISO 2023
All rights reserved. Unless otherwise specified, or required in the context of its implementation, no part of this publication may
be reproduced or utilized otherwise in any form or by any means, electronic or mechanical, including photocopying, or posting on
the internet or an intranet, without prior written permission. Permission can be requested from either ISO at the address below
or ISO’s member body in the country of the requester.
ISO copyright office
CP 401 • Ch. de Blandonnet 8
CH-1214 Vernier, Geneva
Phone: +41 22 749 01 11
Email: copyright@iso.org
Website: www.iso.org
Published in Switzerland
ii
  © ISO 2023 – All rights reserved

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ISO/TS 31050:2023(E)
Contents Page
Foreword .v
Introduction . vi
1 Scope . 1
2 Normative references . 1
3 Terms and definitions . 1
4 Emerging risks . 2
4.1 Nature of emerging risks . 2
4.2 Characterization of emerging risks . 3
4.2.1 General . 3
4.2.2 Knowledge aspects . 4
4.2.3 Measurement aspects . 5
4.2.4 Time dimension . 5
4.2.5 Volatility aspects . 6
4.3 Development of emerging risks . 6
4.4 Relationship between managing emerging risks and organizational resilience . 6
5 Principles . 7
5.1 General . 7
5.2 Integrated . 8
5.3 Structured and comprehensive . 8
5.4 Customized .
...

FINAL
TECHNICAL ISO/DTS
DRAFT
SPECIFICATION 31050
ISO/TC 262
Risk management — Guidelines for
Secretariat: BSI
managing emerging risk to enhance
Voting begins on:
2023-05-22 resilience
Voting terminates on:
2023-07-17
Member bodies are requested to consult relevant national interests in ISO/TC
292 before casting their ballot to the e-Balloting application.
RECIPIENTS OF THIS DRAFT ARE INVITED TO
SUBMIT, WITH THEIR COMMENTS, NOTIFICATION
OF ANY RELEVANT PATENT RIGHTS OF WHICH
THEY ARE AWARE AND TO PROVIDE SUPPOR TING
DOCUMENTATION.
IN ADDITION TO THEIR EVALUATION AS
Reference number
BEING ACCEPTABLE FOR INDUSTRIAL, TECHNO-
ISO/DTS 31050:2023(E)
LOGICAL, COMMERCIAL AND USER PURPOSES,
DRAFT INTERNATIONAL STANDARDS MAY ON
OCCASION HAVE TO BE CONSIDERED IN THE
LIGHT OF THEIR POTENTIAL TO BECOME STAN-
DARDS TO WHICH REFERENCE MAY BE MADE IN
NATIONAL REGULATIONS. © ISO 2023

---------------------- Page: 1 ----------------------
ISO/DTS 31050:2023(E)
FINAL
TECHNICAL ISO/DTS
DRAFT
SPECIFICATION 31050
ISO/TC 262
Risk management — Guidelines for
Secretariat: BSI
managing emerging risk to enhance
Voting begins on:
resilience
Voting terminates on:
Member bodies are requested to consult relevant national interests in ISO/TC
292 before casting their ballot to the e­Balloting application.
COPYRIGHT PROTECTED DOCUMENT
© ISO 2023
All rights reserved. Unless otherwise specified, or required in the context of its implementation, no part of this publication may
be reproduced or utilized otherwise in any form or by any means, electronic or mechanical, including photocopying, or posting on
the internet or an intranet, without prior written permission. Permission can be requested from either ISO at the address below
or ISO’s member body in the country of the requester.
RECIPIENTS OF THIS DRAFT ARE INVITED TO
ISO copyright office
SUBMIT, WITH THEIR COMMENTS, NOTIFICATION
OF ANY RELEVANT PATENT RIGHTS OF WHICH
CP 401 • Ch. de Blandonnet 8
THEY ARE AWARE AND TO PROVIDE SUPPOR TING
CH-1214 Vernier, Geneva
DOCUMENTATION.
Phone: +41 22 749 01 11
IN ADDITION TO THEIR EVALUATION AS
Reference number
Email: copyright@iso.org
BEING ACCEPTABLE FOR INDUSTRIAL, TECHNO­
ISO/DTS 31050:2023(E)
Website: www.iso.org
LOGICAL, COMMERCIAL AND USER PURPOSES,
DRAFT INTERNATIONAL STANDARDS MAY ON
Published in Switzerland
OCCASION HAVE TO BE CONSIDERED IN THE
LIGHT OF THEIR POTENTIAL TO BECOME STAN­
DARDS TO WHICH REFERENCE MAY BE MADE IN
ii
  © ISO 2023 – All rights reserved
NATIONAL REGULATIONS. © ISO 2023

---------------------- Page: 2 ----------------------
ISO/DTS 31050:2023(E)
Contents Page
Foreword .v
Introduction . vi
1 Scope . 1
2 Normative references . 1
3 Terms and definitions . 1
4 Emerging risks . 2
4.1 The nature of emerging risks . 2
4.2 Characterization of emerging risks . 3
4.2.1 General . 3
4.2.2 Knowledge aspects . 4
4.2.3 Measurement aspects . 5
4.2.4 Time dimension .
...

© ISO 2023 – All rights reserved
— ISO/DTS 31050:2023(E)
Date: 2023-04-28
ISO/TC 262/JWG 1
Secretariat: BSI
Risk Management –management — Guidelines for managing
emerging risk to enhance resilience
Version: 20 February

---------------------- Page: 1 ----------------------
ISO/DTS 31050:2023(E)
© ISO 2023
All rights reserved. Unless otherwise specified, or required in the context of its implementation, no part of
this publication may be reproduced or utilized otherwise in any form or by any means, electronic or
mechanical, including photocopying, or posting on the internet or an intranet, without prior written
permission. Permission can be requested from either ISO at the address below or ISO’s member body in the
country of the requester.
ISO Copyright Office
CP 401 • CH-1214 Vernier, Geneva
Phone: + 41 22 749 01 11
Email: copyright@iso.org
Website: www.iso.org
Published in Switzerland.
ii © ISO 2023 – All rights reserved

---------------------- Page: 2 ----------------------
ISO/DTS 31050:2023(E)
Contents
Foreword . v
Introduction. vi
1 Scope . 1
2 Normative references . 1
3 Terms and definitions . 1
4 Emerging risks . 2
4.1 The nature of emerging risks . 2
4.2 Characterization of emerging risks . 3
4.2.1 General . 3
4.2.2 Knowledge aspects . 5
4.2.3 Measurement aspects . 6
4.2.4 Time dimension . 6
4.2.5 Volatility aspects . 6
4.3 Development of emerging risks . 7
4.4 Relationship between managing emerging risks and organizational resilience . 7
5 Principles . 8
5.1 General . 8
5.2 Integrated . 9
5.3 Structured and comprehensive . 9
5.4 Customized . 9
5.5 Inclusive . 9
5.6 Dynamic . 9
5.7 Best available information . 9
5.8 Human and cultural factors .
...