After a successful two years, Red Rocket is looking forward to another year of the ISO 55001:2014 Asset Management certification as verified by the British Standards Institution (BSI).
ISO certifications represent the highest level of excellence and compliance in management systems for organisations, formalising the standards for best-practice adherence globally. ISO 55001 is the international standard that outlines the requirements for an asset management system. Achieving and maintaining this certification means that Red Rocket has shown consistency and quality in its management processes, meeting all the relevant requirements at every turn.
Certifications have a validity of three years, and Red Rocket has met the standards with two years of the system’s satisfactory implementation. This is indicated by favourable surveillance audits conducted throughout this period.
We are proud to be the only renewable energy firm in Africa to hold this certification according to the ISO Committee’s list of known certificated companies. We confidently await our final audit next year, after which we hope to maintain the certification that would provide more opportunities for driving service excellence beyond this period.
All of this has been possible through our partnership with BSI, which has held us accountable by driving us to remain advanced while always performing according to the very best standards in terms of best international practices. We recognise the value of being verified by an independent body as a testament of our commitment to our shareholders’ values and our contribution to the communities where we operate.
Meanwhile, ISO has announced the incorporation of new standards in the 55000 series, first published in 2014. According to the ISO Committee, the new 55001:2024 “incorporates clearer and more specific requirements on decision-making, realising value from assets, asset management planning, how to address risk and opportunities, managing data and knowledge, and life cycle operations. Additional content or simplifications have been incorporated to make the requirements for an asset management system easier to understand”.
Once adopted into the South African Bureau of Standards, we look forward to aligning ourselves with its requirements while building on the solid foundation of the lessons learnt over the past few years. This will be a beacon to guide us while we operate as an organisation driven by exceptional performance and continued improvement.