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.