Case Study: Dubai Aluminium (DUBAL) achieves integrated, quantitative ERM and stronger decision-making with MetricStream

Building an Integrated & Sustainable Enterprise Risk Management Framework

Dubai Aluminium (DUBAL), a leading global single‑site aluminium smelter, faced a wide range of financial, operational, market and reputational risks—exemplified by potential supply disruptions such as a threatened Strait of Hormuz closure—and lacked a common language and quantitative metrics to support enterprise decision‑making. In 2011 the company launched a structured ERM program to standardize risk reporting, improve maturity and link risk insights to strategic and capital decisions.

DUBAL defined top risks by business unit, used 3‑point quantitative estimates and Monte Carlo simulations, and selected MetricStream to deploy an integrated ERM platform (live March 2012). The program delivered a 45% reduction in credit risk, real‑time enterprise visibility, stronger board engagement, improved ISO 31000 alignment, and better alignment of CAPEX to high‑risk areas.

Dubal

Toby Shore

MCT Corporate Treasurer and Chief Risk Officer