Eternity Law International — News — ISO 20121: Sustainability Management

ISO 20121: Sustainability Management

Published:
August 16, 2020
Share it:

ISO 20121 is intended to guarantee a high level of events organizing via environmental factors controlling. Like most ISO standards, ISO 20121 is based on basic approaches and principles (PDCA continuous improvement cycle, system and procedures approaches, etc.), which provides a high level of alignment with most popular ISOs, in particular ISO 9001, ISO 140001 and OHSAS 18001/ISO 45001.

The certificate attests to the efficient functioning of the system. It is issued by companies of all types and sizes that carry out activities to organize and conduct various events taking into account a variety of geographic, cultural and social characteristics. As a result of a well-organized event, enterprises can conclude lucrative deals and lucrative contracts with large customers. Since this ISO standard is universal, it is also suitable for other enterprises of any form of ownership and scale, working in the construction sector, in the field of IT technologies, investment and other industries.

New ISO 20121

ISO 20121:2012 is designed to provide a positive environmental impact for events ranging from local to mega events. Standard is intended for all participants in supply chain in this sector, including stand installers, catering organizers and logistics, etc.

ISO 20121:2012 was developed by ISO/PC 250 project committee “Stability in the field of event management”. Representatives of more than 30 countries and intermediary enterprises took part in negotiations.

Certification profits

  • Building effective, transparent rules for events organizing,
  • Improving interaction of organizers with main stakeholders,
  • Reducing cost of organizing and holding events by optimizing the use of resources, choosing the most profitable suppliers,
  • Reducing carbon dioxide emissions,
  • Creation of a positive image of event and its organizers.

What structures is ISO 20121 for?

Despite the fact that the implementation of SEMS is not a mandatory procedure, it helps the company to increase the loyalty of potential customers and receive a development and prosperity guarantee. The integration of such a management model into the work of the enterprise is carried out under the specified act, developed on the basis of ISO 20121. It requires organization to continually better its administration and work planning process, while allowing creative freedom to carry out event-related activities.

Thus, in order for the business to develop, management processes and work organization are constantly being improved, it is recommended to implement an event sustainability management system in the company.

To create, implement and improve a management system that complies with the principles of ISO 20121, it is necessary to determine the availability of means and methods of control, assess their effectiveness and identify their weaknesses. For this, the necessary documentation is drawn up, the principles stipulated by the standard are introduced, after which an independent assessment of the enterprise’s activities is carried out.

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

You could be interested

Payment Institution license in Cyprus

In the fast-developing world of fintech-driven nowaday, getting a PI license in Cyprus is not just a good decision — it is the web-based doorway into the immense EU monetary scheme. Composing very tough regulation, tax perks, and easy access to the rest of Europe thanks to Cyprus being an EU member… No wonder more...

Creating a Cryptocurrency Fund in the Cayman Islands

With the expanding popularity of e-cryptocurrencies, this direction has become one of the prime locations for establishing fund vehicles. Digital holdings are maturing into a crucial part of both conventional and specialised portfolios. In 2021, one-third of conventional fund vehicles ventured in digital holdings, and two-thirds planned to amplify their ventures in 2022. Notably, this...

Swiss Financial Market Supervisory Authority (FINMA)

The Swiss Financial Market Supervisory Authority (FINMA) is the cornerstone of economic regulation in Switzerland, a country known globally for its robust economic services sector. As an independent establishment, FINMA plays a critical role in maintaining the integrity, stability, and reputation of Switzerland’s economic markets. This article delves into the history, structure, functions, and significance...

Full Information You Should Know About Estonian Gambling Licensing

This state opened its Penates to gaming industry in the mid-90s. To ensure fair play, the industry is governed by a set of specific basics and norms. First, a participant in market wanting possessing status of full-fledged participant needs getting Estonian gambling license – kind of official permit giving grounds for performing gamble activities. We will...

Company registration in Belgium

Belgian-state remains a current decision to firms seeking for prolonged growth and cross-border expansion. Country’s stable political background, multilingual available labor force, transparent taxation structure, and proximity to the EU financial-system indicate certain of the primary reasons the reason setting-up business in Belgium would make sense. Varying from the variety of firm sorts to rapid...

Mergers & Acquisitions (M&A) in Luxembourg

Mergers and acquisitions Luxembourg isn’t a business deal; it is a consummate change of fate. For numerous businesses,this workflow might be the way to expansion, cross-border diversification, or an easy exit. But success in this labyrinthine financial world is not only about your capital; it’s about legal prescience, regulatory gamesmanship, and wise counsel. Luxembourg, which...

Related posts

Nevis Gaming License

Nevis Gaming License is regarded by market participants as alternative to other regulatory models, including Curacao Gambling License and Malta Gaming License. At the same time, Gambling License in Nevis represents independent legal framework, structured as separate model of regulatory control and primarily focused on online gaming activities and international operators. Nevis is autonomous jurisdiction...

Opening a business in Turkey

Turkey occupies a liminal position between Europe and Asia, making it a pivotal trade and investment crossroads. A dynamic economy and a huge local market draw entrepreneurs from around the world to the country. Understanding the local legal and financial landscape is the first step for those looking for opening a business in turkey. This...

GmbH vs UG: Credibility Premium vs Capital Efficiency for Early-Stage Teams

This is where the rubber meets the road for founders in Germany who are ready to incorporate their first company. They must choose between two very popular modes. GmbH or UG are both limited liability companies under German law that offer both forms of personal protection for shareholders and work within somewhat similar statutory frameworks....

Liquidation of companies in Cyprus

Key components in sustaining the attractiveness of the island in question as a nation for businesses include the tax system, EU membership, and corporate legislation. Termination is the last resort for a firm sometimes. It is crucial that in such a process, members of the board, investors, and advisers have exposure. The paper gives simple...

From Share Purchase Agreements to Smart Contracts: Redefining Legal Frameworks

The world of corporate deals has always had its drama. Negotiations, long documents, endless edits, lawyers from both sides who spend weeks agreeing on every comma in the Share Purchase Agreement. But imagine a completely different picture: instead of a ton of tribulations on the way to perfection, there are a few lines of code...

Argentina Corporate Tax Explained

To investors and entrepreneurs eyeing Argentina, navigating the country’s corporate taxation sphere isn’t just a bureaucratic hassle; it’s a key step to building a viable and compliant business there. The fiscal regulations are not perfectly committed, but this region is rich in detailed tax laws that are quite well crafted towards control and digital verification....

Discover our services

Eternity Law International is an international legal and business advisory company. We support businesses, entrepreneurs and investors on complex legal, regulatory and corporate matters across international markets. Our multidisciplinary approach combines strategic insight with practical expertise to help clients structure, grow and operate their businesses with confidence

Fill the blank: