The ESG Show takes a deep dive into the overlap between #ISO standards and #ESG.
ESG (Environmental, Social, and Governance) and ISO (International Organization for Standardization) are two different concepts that are related in certain ways.
ISO is an independent, non-governmental international organization that develops and publishes standards for various industries and sectors. The organization has developed a number of management system standards, including ISO 14001 for environmental management systems and ISO 45001 for occupational health and safety management systems.
On the other hand, ESG is a set of criteria used to evaluate a company’s performance in relation to environmental, social, and governance issues. The criteria are used by investors to make informed investment decisions based on a company’s commitment to sustainable business practices.
However, ISO standards can be used as a tool to help companies improve their ESG performance. There are numerous ISO standards related to environmental and social responsibility, such as ISO 14001 (Environmental Management System), ISO 26000 (Social Responsibility), and ISO 45001 (Occupational Health and Safety Management). The adoption of these standards can help organizations improve their ESG performance in several ways.
Host Michael Baxter was joined by three experts, Steve Stobo, Philip Lusher and Praveen Bansal who gave us fantastic information about:
• ISO 9001: Quality Management System (QMS)
* ISO 14001: Environmental Management System (EMS)
* ISO 45001: Occupational Health and Safety Management System (OHSMS)
* ISO 27001: Information Security Management System (ISMS)
* ISO 22301: Business Continuity Management System (BCMS)
• ISO 50001: Energy Management System (EnMS)
and ISO 14064 Praveen Green House Gas Reporting
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The ESG Show: What are ISO and ESG Standards?