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GRC software that is integrated, visible, actionable
Applicable Industries
- Mining
Services
- Software Design & Engineering Services
The Challenge
Metorex, a mining company operating throughout Southern Africa, was previously using a manual, paper-based system for managing various risk areas including safety, environment, and community. The company recognized the need for a systematic way of protecting business resources and income against losses to achieve strategic and operational objectives. The company was committed to the principles of the King III report, which included the need to control and manage risk exposures through appropriate risk reduction and mitigation actions. However, achieving this control and management was a challenge with their existing system.
About The Customer
Metorex is a mining company that has historically operated mines throughout Southern Africa, with prospects in West and sub-Saharan Africa. The company's current focus is on base metals in Zambia and the Democratic Republic of Congo. Metorex is committed to the principles of the King III report, which emphasizes the need for risk management to protect business resources and income, enabling strategic and operational objectives to be achieved. The company was previously using a manual, paper-based system for managing various risk areas.
The Solution
After an extensive selection process, Metorex chose IsoMetrix as its preferred Risk Management and Sustainability solution in August 2010. The flexibility offered by IsoMetrix was a deciding factor for Metorex. The software could handle the company’s core requirements around Safety, Health, Environment, and Community management, and it could be easily configured to accommodate corporate Risk Management requirements as well. IsoMetrix QlikView dashboards enabled Metorex management to analyze trends and exceptions, and monitor outstanding action items, speeding up their drive for continual improvement. The company also appreciated the ongoing support provided by the IsoMetrix team.
Operational Impact
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