September 22, 2015
Awards for Via Rail's Enterprise Risk Management System
Railway Association of Canada Safety Award
A Safety Award from the Railway Association of Canada recognized VIA Rail for its “ERM system designed to proactively address potential safety risks.” Our Enterprise Risk Management framework was honoured for its success in identifying and assessing key risks, which aided in the development and adoption of proactive measures to prevent potential incidents and implement corrective measures.
International recognition in risk management
Denis Lavoie, Director of Enterprise Risk Management at VIA Rail, was shortlisted as finalist for a 2015 Global Risk Awards in the category of Risk Management Newcomer of the Year by the London-based Institute of Risk Management, the leading professional body for risk management. This achievement is a nod from the renowned group confirming that VIA Rail is doing a remarkable job in seizing opportunities for growth while anticipating and alleviating risk wherever and whenever possible.
Risk Management Society: Honourable Mention
An honourable mention for the ERM Award of Distinction was presented to VIA Rail by the Risk Management Society (RIMS) – the preeminent organization dedicated to advancing the practice of risk management. Stating that VIA Rail’s program demonstrates the tangible value that ERM brings for both strategy-setting and strategy execution, RIMS’ recognition confirmed that the corporation is successfully managing risks and developing a risk appetite and tolerance framework that will help support its future success.