Implementing an asset management system (AMS) and gaining ISO 55001 certification with Lloyd’s Register (LR) allows your organisation to manage risks which helps to support business growth and improvement.
Benefits of ISO 55001
ISO 55001 certification continually reviews processes, procedures and asset performance to enable informed management decisions that balance cost, risk, opportunity and business performance. It improves your organisational efficiency and effectiveness by managing and reducing risks associated with your ownership of assets.
Supports business growth and improvement
A robust AMS certified to ISO 55001 aids improvement with formalised, prioritised and coordinated implementation plans to which your entire organisation can understand and commit.
As good practice in asset management is mostly independent of asset type, ISO 55001 enables objective comparison of your business performance across industrial sectors, between regulated/non-regulated and public/private environments.
Improved financial performance
A good AMS can facilitate improved return on investment and cost reduction without sacrificing your short or long-term organisational performance, which in turn can lead to preservation of asset value so aiding the bottom line/profit.
Improved services and organisational sustainability
Through ISO 55001 certification your organisation will effectively manage short and long-term expenditures and performance, improving sustainability. This allows your organisation to consistently meet or exceed performance and social responsibility expectations to satisfy customer and stakeholder needs.
Enhanced reputation through compliance
By ensuring transparent conformity with legal, statutory and regulatory requirements, ISO 55001 certification ensures your organisation is adhering to asset management standards, policies and processes. This leads to improved customer satisfaction, stakeholder awareness and confidence.
Need help with ISO 55001?
With LR taking a leading role in the development of PAS 55, and its evolution to ISO 55001, we are ideally placed to help with your asset management requirements. We take the time to understand the needs and unique circumstances of your business and act with judgement, sensitivity and care.
Why work with us?
UKAS-accredited to deliver ISO 55001 services in the UK, you can be reassured that Lloyd's Register are impartial, acts with integrity and has the expertise to carry out your assessment.
LR is the leading certification body for ISO 55001, which demonstrates we have the qualified assessors and industry specialists to carry out your assessment. We match our assessors to meet your business needs, enabling an effective and comprehensive audit of your systems.
Your business helps LR to help others
The profits we generate fund the Lloyd’s Register Foundation, a charity which supports science and engineering-related research, education and public engagement around everything we do. All of this helps us stand by the purpose that drives us every single day: Working together for a safer world.
Who we work with
We help businesses across dozens of sectors push forward and achieve like never before. How can we help you?
Yara improves process safety, asset integrity and efficiency.
Optimising resources throughout the RBI evergreening process for better data quality and more efficient inspection data management.
What we think
LR's experts regularly share their research and insights.
Join us at these forthcoming events
6 Jun 22