Transpacific Industries Group selects Active Risk Manager for Enterprise Risk Management

Aug. 16, 2012 - PRLog -- Maidenhead, Berkshire, UK. August 16, 2012 - Active Risk announced today that Transpacific Industries Group Ltd (Transpacific), Australia and New Zealand’s leading recycling, waste management and industrial services company, has selected its award-winning software Active Risk Manager (ARM) for enterprise risk management across the organization to replace the original spreadsheet driven risk process.

Karl Davey, Chief Risk Officer at Transpacific Industries Group Ltd commented, “We wanted a solution that would enable managers and workers at a local, regional, divisional and corporate level to contribute and gain value from the risk management process.  The system selected had to seamlessly integrate into the Transpacific culture and support our vision of efficient, value adding risk management.  We also needed a solution to support our full governance, risk, assurance and compliance (GRC) activities from risk management, audit through to business continuity. Only ARM met these requirements.”  

The Active Risk approach to enterprise risk management covers four key areas: operational risk management; business and strategic risk management; governance and compliance and opportunity management.  Transpacific will ultimately use Active Risk Manager in all four functional areas and across its entire operations.  The use of Active Risk Manager will also be extended to support business resilience activities through Transpacific’s risk based business continuity management approach.  

Karl Davey continued, “We believe Active Risk Manager helps take the complexity out of the risk process.  It provides concise yet powerful data entry, can collect risk information from anywhere within an organization and has proven scalability and reliability. ARM will be used enterprise-wide supporting all facets of our business.”

Loren Padelford, Executive Vice President and General Manager at Active Risk commented, “We are pleased that ARM was judged as the best system to deliver on Transpacific’s commendable corporate goals. Active Risk Manager simplifies the risk process while providing powerful information for strategic decision making. Transpacific’s aim to use knowledge from its risk management process to supercharge business performance, shows its progressive thinking and is evidence of the trend we see around the world for organizations to drive more business value from Enterprise Risk Management.”

ARM customers include Leighton Contractors, US Air Force, London Underground, Rio Tinto and EADS.  
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About Transpacific Industries
Transpacific is Australia and New Zealand’s leading recycling, waste management and industrial services company. The company is strongly committed to the safe and responsible management of waste, regulatory compliance, and the protection and enhancement of the environment.

Clients range from small businesses, right through to large multi-national commercial and industrial organisations, spanning almost every industry imaginable. Transpacific services clients from in excess of 300 sites and depots, leveraging more than 40 major processing plants across Australasia.

Capabilities include recycling solutions; general waste management services and processing facilities; liquid and hazardous waste management and processing facilities; industrial services; and advanced resource recovery solutions. Transpacific also has one of the largest waste management fleets, providing clients with access to more than 3,600 collection vehicles each and every day.

Transpacific is an ASX top 200 listed company and employs approximately 7,000 people across Australia and New Zealand. For further information please visit www.transpacific.com.au


About Active Risk
Active Risk is the first Enterprise Risk Management (ERM) solution provider to drive business performance by allowing organizations to manage risk more effectively. With Active Risk, executives have a truly comprehensive view of their organization’s risk and opportunities, enabling them to make better-informed decisions and create a competitive advantage.

Active Risk is the Enterprise Risk Management solution provider of choice for the world’s leading companies in aerospace and defense, engineering and construction, energy and mining, government, and other industries.  Customers include Crossrail, Network Rail, Transport for London, Northrop Grumman, ALSTOM, Rio Tinto, Westinghouse, Bechtel, Leighton Construction, and NASA, among others.

Active Risk has offices in the UK, USA and Australia, servicing customers worldwide directly and through a growing network of partners. Active Risk is listed on the FTSE AIM Index (Stock Symbol: ARI).

For further information and a detailed view of Active Risk's products and services visit www.activerisk.com or call +44 (0)1628 582500 (EMEA/Asia Pacific), +1 703 673 9580 (Americas) or +61 2 9037 0150 (Australia).

Contacts:

North America Contact:
Rachel Colello, Zer0 to 5ive
773-697-7481
rachel@0to5.com

EMEA/APAC Contact:
Mary Phillips/Andreina West, PR Artistry
+44 (0)1491 639500
mary@pra-ltd.co.uk