RISK MANAGEMENT APPROACH AT PT. RECYCLED PAPER HUB

Abstrak

This study specifically encompasses the risk analysis faced by PT. Recycled Paper Hub, a company engaged in the recycled waste paper industry. Through a risk analysis method based on ISO 31000:2018, this research assesses the impact and likelihood of risks and categorizes these risks based on their severity levels. ISO 31000:2018 provides guidelines and principles for managing risks systematically and consistently, enabling companies to identify the most significant risks and set priorities for mitigation actions. The results of this study offer recommendations for appropriate mitigation strategies to reduce negative impacts and capitalize on existing opportunities. Mitigation strategies may include various actions, such as developing more efficient operational procedures, diversifying revenue sources, enhancing environmental compliance programs, and improving communication and reputation management. Thus, this study aims to enhance the effectiveness of risk management at PT. Recycled Paper Hub. By implementing the recommendations derived from the risk analysis, the company is expected to manage risks better, ensure operational sustainability, and achieve its strategic objectives.