BMT applies its business contingency system to the core businesses
in order to maintain continuity of work and satisfy customers’ requirements in disruptions caused by accidents or disasters.
BCMS at BMT
Business Continuity Management System (BCMS) is an enterprise-wise risk management strategy that maximizes corporate value by minimizing financial loss and ensuring continuity of core functions and reliability of customer services in case of disasters in production and other facilities. BMT has established its Business Continuity Management System to ensure business continuity in preparation for suspension of production of all major product lines in 2017, and has been certified as an Outstanding Enterprise in BCMS by Korean ministry of the interior and safety in 2019.
The system is practiced to strengthen capacity for business continuity of employees and affiliates and spread such a culture through mock training.
If an emergency occurs, we keep Minimum Business Continuity Objective (MBCO) within a purported length of time for recovery by quickly recovering damaged assets and suspended work, which will protect executives and employees, secure safety and reinforce trust of stakeholders, such as customers and stockholders through continued operation and management.
BCMS Policy Declaration
BMT establishes and implements business continuity strategies and plans in order to: protect the lives and assets of executives, employees and customers, and continue production and business activities for fittings & valve and electric & energy businesses even when there is an emergency or an unexpected suspension of work.
In order to implement this, BMT will comply with the following policies and ensure continual development and customer satisfaction.
- 01When making a decision concerning Business Continuity Management System, BMT will prioritize impacts on executives, employees, and stakeholders.
- 02Based on our thorough analysis of work process and risk, BMT will establish strategies and procedures that will enable risk management and speedy recovery from work suspension in case of emergency.
- 03As for the Business Continuity Management System, once established, its appropriateness will be continuously verified through training and maintenance activities while strengthening our capacity to respond to crises.
- 04All executives, employees and business partners shall be aware that through the Business Continuity Management System, we can achieve corporate goals and keep our core values, while actively taking part in operating the Business Continuity Management System.