Sustainability Risk Chapter
The Sustainability Risk chapter demonstrates an organizational commitment to sustainability.
The Sustainability Risk Chapter is the first of its kind to be set up in RIMAS.
The activities of the chapter will be organizing workshops, seminars to promote the concept of sustainability risk management, responsibility, and leadership among our members in the association. Sustainability Risk Management, and the benefits thereof, are better understood and many large companies now have personnel who are specially assigned sustainability risk management duties. Some companies in fact have established sustainability risk management divisions in order to provide risk services to their clients.
There is a bright future for risk management practitioners as the benefits of sound sustainability risk management strategies become increasingly recognized throughout the business community.
Chairman, Sustainability Risk Committee
Mr. Lawrence Chua
Senior Director, ByteDance
Mr Lawrence Chua is currently the Senior Director of ByteDance. He has a MSC(Information Studies) and a BA (Business). He is the co-lead for Sustainability Interest Group at TikTok as well as council member for TikTok for Good APAC (https://www.tiktok.com/forgood?lang=en). He is also a shareholder and advisor of Insect Feed Technologies in Singapore, a startup focusing on up cycling food waste and producing insect protein. This addresses UN SDG 14 where the insect protein can be used as an alternative to fish meal and reverse the current situation where 90% of all global fish stocks are now fully exploited, over exploited or depleted. And also this addresses UN SDG 15 where Forest areas declined at a rate of 10M hectares yearly, mainly driven by agricultural expansion. IFT also addresses Singapore’s direction on working towards ‘30 by 30’ — to produce 30% of our nutritional needs locally by 2030. This goal also features in the Singapore Green Plan 2030, and will help build a more resilient food future.(https://www.ourfoodfuture.gov.sg/30by30)
Co-Chairman, Sustainability Risk Committee
Dr. Roy Rimington
BA(hons) Business Studies.,PhD (Management Science)., FSQI., MRIMAS
CEO, Asia Management Services LLP
Dr. Roy Rimington was the president of RIMAS from 2010 to 2012. Currently, he is a RIMAS Council Member and Chairman of the Advisory Committee. He has held senior management positions for over 30 years in major electrical, electronic, and automotive international companies in the United Kingdom and East Asia such as Lucas Industries, the General Electric Company, Tatung Co (Taiwan) and Siemens Telecommunications. Also, having over 16 years of full-time working experience in the Singapore Public Service, including being a Senior Manager at the Civil Service College.
He has a wide range of experience in the areas of Quality, Business Excellence, Auditing, Risk and Business Continuity Management, Manufacture, Service, Military, Security, Health Care, Education and public sectors, and has worked on major projects related to establishment of Joint Ventures and Nuclear Power Stations. He is an adjunct MSc University Lecturer, and a Singapore Citizen.
Dr Rimington, is Member of Singapore Working Group in development of ISO 31000 Risk Management Standard and guide 73, and has been a member of the Management Systems Standards Committee (MSSC) - coordinated by SPRING/ Enterprise Singapore. Awarded SPRING Singapore Standards Partner Merit Award in 2015 for contribution in development of standards. Also, an Exco Member of the Singapore Quality Institute (SQI), and Chairman of the Public Relations Committee. He is a qualified ISO 9001 and 14001 Lead Auditor and IRCA trainer.