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ISO 14001 in relation to International Financial Institution

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Guest user Created:   Jun 04, 2020 Last commented:   Jun 04, 2020

ISO 14001 in relation to International Financial Institution

When the company has signed a contract with an International Financial Institution and the environmental principles of this IFI prevail to the country legislation. How the company should adjust this with ISO 14001?

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ISO 14001 DOCUMENTATION TOOLKIT

Step-by-step implementation for smaller companies.

ISO 14001 DOCUMENTATION TOOLKIT

Step-by-step implementation for smaller companies.

Expert
Carlos Pereira da Cruz Jun 04, 2020

This topic is included in clauses 4.2, 5.2 and 6.

Clause 4.2 b) is about the relevant needs and expectations of the relevant interested parties.

Clause 5.2 d) is about the commitment to comply with compliance obligations

Clause 6.1.3 is about determining the organizations’ compliance obligations related with its environmental aspects

Through clause 4.2 your organization determines relevant parties and their relevant requirements. Let us consider just two relevant interested parties

https://www.screencast.com/users/ccruz5284/folders/Default/media/358ec9c4-b23f-4653-b2a7-1d43baf105ba

Both Government and the International Financial Institution have requirements that we can call compliance obligations. Government has legislation and the International Financial Institution has a signed contract.

Let us consider four alternative scenarios about requirements from both interested parties:

https://www.screencast.com/users/ccruz5284/folders/Default/media/e56e0303-d87a-446e-967e-7479070ac8a2

In scenario 1 – contract requirements are included in legislation – your organization must comply with legislation and in doing so complies with the contract requirements

In scenario 2 – contract requirements are more demanding than legislation – your organization must comply with contract requirements and in doing so complies with the legislation.

In scenario 3 – there are some contract requirements not included or more demanding than legislation - your organization must comply with legislation and with the extra requirements from the contract.

In scenario 4 – contract requirements are much more demanding than legislation but there are some requirements in legislation not included in the contract - your organization must comply with contract requirements and with the extra requirements from legislation.

You can find more information about ISO 14001:2015 below:

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Jun 04, 2020

Jun 04, 2020

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