Eternity Law International News ISO 14090: Climate Change Adaptation

ISO 14090: Climate Change Adaptation

Published:
September 1, 2020

Climate changes affect society in different ways, and this happens due to industrial revolution start. Further climate change scale depends on the quality of efforts to limit future emissions. Organizational effect associated with climate changes are physical, financial, regulatory and reputational, and they can be direct and indirect. Investors, customers and the media are increasingly scrutinizing companies’ reactions. Regardless of the sector in which the company is located, it is increasingly responsible for influencing and responding to climate variations.

ISO 14090 on climate changes adapting (principles, requirements and guidelines) was published in September 2019. It provides a framework for firms to take such changes adaptation into account when creating and implementing policies, strategies and plans. All firms in which their deals, products and services may be threatened by climate change or, sometimes, they can take advantage of it can use standard.

Standard Importance & Essence

It is the main ISO standard designed to help companies assess the impact of climate variations and create plans for good adaptation. Standard shows how companies can prioritize and create quality, efficient, clear and deliverable adaptations that improve resilience and demonstrate robust risk management in face of climate transformation.

To give choice and flexibility, the standard is presented at a high level; this makes it possible to tailor actions to the needs of the company. The special non-linear nature of the approach to the standard allows enterprises to fine-tune its structure regardless of where they are in their own adaptation strategy – from those who are just starting to those who are adapting to those who prefer leadership. ISO 14090 for climate change adapting and is drafted to be meaningfully integrated into current business practices and priorities. This includes implementing adaptation mechanisms in parallel or in conjunction with different resilience priorities (such as mitigating gas emissions) or SDG targets.

ISO 14090 can be applied with other management system standards such as ISO 14001, the environmental management system standard and ISO 55001, the asset management system standard.

Structure of the Standard

  1. Normative references.
  2. Terms and definitions.
  3. Principles (the principles that are presented in this section are the basis for changes adaptation process).
  4. Pre-planning.
  5. Assessment of the impacts of climate changes, including opportunities (the enterprise evaluates how it affects work, products and services).
  6. Planning adaptation.
  7. Monitoring and evaluation.
  8. Reporting and information exchange.

Climate change affects the following:

  • health, safety and productivity of workers;
  • air quality;
  • asset damage and disruption to operations;
  • loss of coastal infrastructure;
  • storm surge, flooding and pollution;
  • disruption to supply chains and distribution networks;
  • change in the price of products;
  • shifts in the provision of ecosystem services;
  • decline in the productivity of crops and livestock;
  • regulation or other interference of the country;
  • fiscal measures such as incentives and penalties.

In addition to obtaining international certification, you can also view offers in categories  ready-made companies and licenses for sale.

You could be interested

Cryptolicense in Kazakhstan

To date, Kazakhstan`s representatives of the local central bank have issued guidelines with recommendations for corporations who want to work in the field of a cryptocurrency exchange in Kazakhstan. These rules were adopted a year ago. According to the recommendations, for corporations wishing to work in this area, an obligatory point is to get a...

PI license in Lithuania

Country, we will examine today offers favorable terms for fintech corporations wishing to acquire a virtual money permission or a monetary system license and work and manage in EU zone. Extension of fintech in Lithuania Lithuania is recognized as one of the fastest growing Financial Technologies communities in the EU region and worldwide. The country...

Canadian MSB licensed companies setup

Our group of experts can help you with setting up a money service business in Canada. It includes a procedure of legal application, regulatory interaction, the creation of required paperwork, and constructing the payment system, we recommend contacting our specialists to deal with it. Why Canada? This state encourages trade, and there are several fintech...

Residence of foreigners in Ukraine

The organization dealing with migration issues provides data according to which about 200 thousand foreigners are currently in Ukraine. A significant part of them are citizens of the former countries of the Soviet Union. Regardless of how many foreigners live in our country, their stay should be regulated by the legal field. The law spells...

Offshore gambling license in 2023

The boom of the gambling sector is likely to continue tremendously for the foreseeable future thanks to the use of cutting-edge and dynamic technology. iGaming is coming up with new ways to satisfy the requirements of clients from any country at a time when many market segments are having trouble. The number of individuals asking...

Ready-made company in Romania

The nation has undergone several reforms to facilitate commercial operations and draw international investment since entering the European Union. Romania is therefore one of Europe’s most promising countries for foreign investors, while many other customers prefer quicker transactions and the purchase of ready-made businesses. What is a “ready-made” company in Romania? When someone has a...
Fill the blank:

Zurich

Dreikonigstrasse, 31A, Stockerhof

Kyiv

Baseina street, 7

London

Grosvenor Gardens, 52

Vilnius

Gediminas Avenue, 44A

Tallinn

Kesklinna linnaosa, Tuukri 19

Edinburgh

Lochrin Square, 1

Nicosia

Jacovides Tower, 5 floor

Riga

Esplanade, 7 floor

Hong Kong

18 Harbour Road, 35/F, Central Plaza, Wanchai

Singapore

Level 42, Suntec Tower Three, 8 Temasek Boulevard

Sydney

20 Martin Place

Porto

2609 Avenida da Boavista
Calls are made only from Portugal

Tbilisi

Revaz Tabukashvili Str., N 45, area N 7