November 2024 Webinar:
ISO 14054: Natural Capital Accounting for Organisations
Purpose, Content, Process & Public Consultation
There is a growing need for standardized approaches, metrics, and analyses to assess and value natural capital. The process created needs to be inclusive, allowing communication of methodologies and results, and to enable audit/assurance of them. The intention for ISO 14054 is to respond to this need: providing a global standard framework for natural capital accounting in organisations.
A working group of experts was established to develop this standard and the base draft was taken from BS 8632:2021 'Natural Capital Accounting for Organizations Specification', which will be adjusted to reflect developments since its publication and capture the increasing auditing/assurance demands.
The international standard is now completed in draft form and will be open to consultation. In this webinar, held on November 27, 2024, we were joined by key figures in the ISO Working group and from BSI to update you on the standard and the process of providing input to the consultation:
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Ece Ozdemiroglu: Convenor of the Working Group for ISO 14054
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Dr Stephanie Hime: Project Leader for ISO 14054
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Vanessa McCorquodale: Lead Standards Development Manager, BSI
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The recording of the webinar is available above. Below you can find the relevant links to be involved in the consultation and browse or download the slides.​
Useful links:
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PUBLIC CONSULTATION OPEN: https://standardsdevelopment.bsigroup.com/projects/2023-01123#/section
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ISO main website where you can find the link to your country’s standards institution and through that how to comment on ISO14054: https://www.iso.org/about/members​
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You can purchase DIS ISO 14054: https://www.iso.org/standard/43270.html
Browse the slides:
