DEVELOPMENT
PROJECTS
SCRP’s development projects are grounded in a transformational view that risk professionals must go beyond compliance—competently assessing risk using established science, designing solutions through systems thinking and innovation, and understanding culture as the lived reality of stakeholders who determine what works.
We champion these projects to turn sustainability from aspiration into action—promoting, coordinating, and hosting them through strategic collaborations. Each serves as a working model, advancing real-world execution, shared expertise, and measurable outcomes. We welcome partners ready to move beyond talk into structured, high-impact action.
01
Standards Development - Quantitative Enterprise Risk Management
Establishing a local, indigenous quantitative ERM standard—bridging ISO 31000 and COSO ERM—to operationalize risk as a simple, quantifiable management science. Expert judgment becomes a self-correcting system, simulating long-term scenarios for sustainability governance. Positions Malaysia as a regional pioneer in applied management cybernetics.
02
QUANTERM™ A.I
Developing and testing a suite of proprietary algorithms with embedded A.I.—making quantitative ERM more intuitive than traditional qualitative methods. Engineered to handle systemic complexity, correct heuristic biases, and produce decision-ready, legally defensible outputs.
We invite PLC risk managers to pilot selected modules within defined boundaries—a stakeholder sandbox for practical testing, validation, and feedback.
03
Cultural Sustainability Index 100
A new assessment framework leveraging local cultural context to enhance innovation, productivity, and sustainability—through the lens of senior management and stakeholder impact. Malaysia’s top 100 PLCs are invited to join a confidential benchmarking exercise, with anonymized peer insights. The initiative aims to elevate Malaysia’s cultural standing and identity by positioning culture as a strategic lever for sustainability performance and stakeholder capitalism.
04
Art as an Asset Class
Malaysia’s leading artists anchor this pilot—converting corporate cash into permanent, non-depreciating artworks with royalty upside and capital appreciation through expert appraisal. Cultural IP is captured early in the sustainability pipeline, with narrative development and valuation protocols ensuring institutional credibility. We invite more artists to contribute and corporations to register interest in shaping this strategic, balance sheet-ready asset class.
05
Ekphrasis Processual Blockchain
Cultural elements must be carefully curated as upstream inputs to the sustainable economy—anchored by defensible narratives and auditable value trails. This blockchain framework integrates DAO governance, NFTs, work tokens, and transitional investment structures into a unified value creation system. We invite corporate and private investors to register interest in shaping this next-generation platform for cultural and economic convergence.
06
Work-Fi Cooperatives Blockchain
A DAO-based platform for high-powered professional cooperatives to bypass traditional capital models. Startups are built through partner-contributed work, algorithmically valued and tokenized from real revenue. The model extends senior expertise, scaling sustainability services and democratizing high-end consulting at a fraction of legacy firm costs. Value is created through fair contribution, not capital ownership. We invite professionals and partners to shape this new economic infrastructure.
07
Sustainable Chemicals Industrial Park
A 3,000-acre green hydrogen park producing 10 tonnes/day using solar and sustainable water. Electrolyser-generated hydrogen feeds ammonia synthesis, combining with carbon via CCGT to produce sustainable UREA. Agrivoltaics with high-value crops optimize land use. An extended supply chain offsets green input costs by removing intermediaries—achieving competitive IRR. We target price parity with UREA imports while remaining carbon neutral and scaling low-emission agriculture.
08
Standards Development - Cultural Sustainability Framework
This project builds the foundational ontology for corporate ethnography, developing methods to document the eight cultural elements—beliefs, norms, language, symbols, structures, practices, knowledge, and heritage. It aims to decode how culture shapes behaviour and decisions, setting the stage for future tools that enhance stakeholder alignment and unlock long-term value through deeper cultural understanding.
09
Institute of Certified Risk Professionals
Formed in 2017, SCRP advances a radical shift in ERM: risks must be quantified and solved through innovation, rooted in cultural relevance. As this vision gains traction, SCRP proposes the ICRP—a self-regulated institute under a company limited by guarantee—to institutionalize the movement. We invite corporate risk leaders to co-develop a new constitution that aligns ICRP’s future with SCRP’s founding vision.
10
Certified Enterprise Risk Quant - CERQ
SCRP invites academic institutions and online learning platforms to co-develop the CERQ program, built around three core modules: Quantitative Risk Assessment, Innovation Techniques, and Cultural Sustainability. As a pilot, SCRP will award 20 certifications to experienced professionals who meet defined criteria—without requiring coursework or exams. This recognition-by-experience model reflects global best practices in credentialing emerging, practice-led fields.
