Tag: BSI

BSI and Defra launch Nature Investment Standards Programme

Stuart Mitchell

BSI, in its role as the UK National Standards Body, recently announces the launch of a Nature Investment Standards Programme in partnership with the Department for Environment, Food & Rural Affairs (Defra), starting with a discovery phase. This is one of a suite of interventions the UK government is putting in place as part of its forthcoming Green Finance Strategy and Nature Markets Framework to boost market confidence and increase private sector investment into nature recovery and nature-friendly farming. This will ultimately help to accelerate progress on environmental goals such…

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‘Consistency, Collaboration And Coherence’ Vital To Embedding Sustainability In Global Finance Sector

Stuart Mitchell

Experts in green finance have highlighted the importance of global consistency and collaboration to drive change across all aspects of the ESG agenda, as new BSI guidance designed to ‘demystify’ sustainability principles for financial sector organizations is launched. Speaking ahead of an event at Bloomberg in London, Nigel Topping, the former UN High-Level Climate Action Champion, said: ‘The new narrative of change has to be collaboration and not competition. Ensuring all in the financial sector are talking the same language and tackling the heart of the issue is essential.’ Topping…

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First Ever Tokenized Carbon Neutral Certification Completed by MetaVerse Green Exchange and BSI

Stuart Mitchell

MetaVerse Green Exchange, has successfully certified its status as a carbon neutral business through tokenized cross-border carbon credits, the first company in the world to do so using blockchain technology. The landmark milestone is bolstered by certification from the British Standards Institution (“BSI”), the first time the body has accepted tokenized carbon credits. The move sets a new gold standard for carbon neutrality reporting in the wake of calls for more rigorous systems following COP26.  As organizations across the world struggle to navigate the complexities of carbon reporting, MVGX, a…

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First standard for natural capital accounting Launched by BSI

Stuart Mitchell

BSI, in its role as the UK National Standards Body, publishes guidance for preparing natural capital accounts. The new British Standard, named BS 8632: Natural Capital Accounting for Organisations – Specification, provides organizations with a deeper understanding of how their operations impact and depend on natural capital assets like geology, soil, water, air and living organisms, to underpin decision making. The standard presents terminology, principles, steps, and outputs for creating a natural capital account to enable a transparent and repeatable practice. This includes the minimum requirements for defining the boundary…

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New international standard helps organizations adapt to climate change

Stuart Mitchell

BSI, the business improvement company, has published the first standard on climate adaptation, BS EN ISO 14090 Adaptation to climate change – Principles, requirements and guidelines. It offers a framework that enables organizations to give appropriate consideration to climate change adaptation when designing and implementing policies, strategies, plans and activities. Organizations are facing the physical, financial, regulatory and reputational impacts of climate change. How they respond is scrutinised by investors, consumers and the media alike. No matter the sector that the organizations operate in, they are increasingly held accountable for…

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