PAS 60518:2020

This standard PAS 60518:2020 Developing and implementing enterprise risk and resilience management (ERRM) in utilities. Guide is classified in these ICS categories:

• 03.100.01 Company organization and management in general

This PAS gives guidance on developing and implementing enterprise risk and resilience management (ERRM) and supporting business continuity and incident management plans, in order to improve the resilience to help withstand unexpected future shocks and extreme events. It is designed for use by electricity, gas, water and wastewater utilities of all sizes in public and private sectors.

This PAS is an overarching guide designed for use by utilities which encapsulates relevant risk and resilience-related guidance and their application using industry examples.

This PAS is designed for use by:

• electricity and gas providers, including generation, transmission, distribution and supply organizations; and

• water and wastewater providers, including supply, treatment, transmission and network operation organizations.

This PAS does not cover:

• governance and compliance with specific national and international legislation and regulations; or

• nuclear safety case risks, except for those areas common to all power generators.

ERRM is intended to work with the utiliity, aiding controls, governance, oversight and improving support and performance.

This PAS accepts that utilities across the world are at different stages in their risk and resilience journeys and have differing maturity levels.

This PAS is structured to guide utilities along the path to enhancing risk and resilience capabilities and to allow a basic assessment of maturity to guide on the next development steps to take.

This PAS also guides on approaches to risk and resilience reporting to communicate the utility’s position in respect of ERRM.

This PAS reflects the change in resilience thinking, which was previously thought of in terms of the ability to recover quickly from difficulties, but is now increasingly regarded as the ability to survive a crisis and thrive in a world of uncertainty.

It is also designed to guide the development of:

• an overarching incident management plan to respond to unforeseen extreme events when they occur; and

• a range of ways to build adaptive capacity and increase utility resilience.

Annex A of this PAS provides some related examples to aid understanding.