Flipkart Aligns ERM with Global ISO Standards

Flipkart's Enterprise Risk Management framework has successfully aligned with global ISO 31000:2018 guidelines. The British Standards Institution confirmed the firm's compliance, covering its e-commerce operations including technology, logistics, and human resources. Flipkart emphasizes governance, resilience, and accountability towards customers and partners.

Flipkart has announced the successful alignment of its Enterprise Risk Management (ERM) framework with global ISO 31000:2018 guidelines following an independent assessment by the British Standards Institution (BSI).

This assessment covered various operations including technology, supply chain logistics, platform management, and human resources, confirming the robustness and integrity of Flipkart's risk management strategies.

Pramod Jain, Senior Vice President of Tax, Risk & Insurance at Flipkart, emphasized the company's commitment to governance and resilience, aiming to sustain long-term value creation and retain trust among customers, sellers, and partners.

(With inputs from agencies.)