Spring has arrived, bringing sunshine, birdsong, and fresh breezes. But just like your home needs a spring cleaning, your business processes might need a refresh too! The International Organization for Standardization (ISO) has been busy this season, introducing new standards and updating existing ones, including ISO Standard Changes that could impact your organisation.
This article will guide you through these updates, explaining how the new environmental focus affects existing management systems and what to expect from the groundbreaking ISO 42001: the world’s first Artificial Intelligence Management Standard.
ISO Standard Changes: A Breath of Fresh Air (For the Environment)
The first change to be aware of is an environmental one, implemented on March 1st. A number of existing ISO management system standards (like ISO 9001, ISO 27001, etc.) now require companies to consider climate change as a potential business risk and address any specific environmental concerns raised by stakeholders. Taking action on these new requirements is not only good for the planet, but it will also ensure your business stays compliant during audits.
Taking Action on the Environmental Update
Here are some initial steps you can take to address the new environmental focus in your ISO management system:
- Identify how climate change could impact your business operations, supply chain, or customer base.
- Determine if there are any specific environmental concerns raised by stakeholders (e.g., investors, customers, NGOs).
- Update your policies and procedures to reflect your commitment to environmental responsibility.
Introducing the World's First AI Management Standard: ISO 42001
In a groundbreaking move, ISO has released ISO 42001, the first-ever Artificial Intelligence Management Standard. This standard provides a framework for businesses to manage the risks and opportunities associated with AI. With the growing use of AI technology and the possibility of upcoming regulations on artificial intelligence from the EU, along with similar legislation from other countries, ISO 42001 is a timely development. While organisations cannot be certified against ISO 42001 yet, this standard offers valuable guidance for businesses looking to embrace AI responsibly.
Mitigating AI Risks and Seizing Opportunities with ISO 42001
By implementing ISO 42001, businesses can:
- Identify and mitigate potential risks associated with AI, such as bias, security breaches, and job displacement.
- Develop a clear and ethical framework for using AI technology.
- Seize the many opportunities that AI presents, such as increased efficiency, innovation, and productivity.
The new ISO standards represent a significant development for businesses of all sizes. By understanding and implementing these changes, you can ensure your organisation remains compliant, environmentally responsible, and well-positioned to leverage the power of artificial intelligence. Don’t get left behind! Take advantage of these updates to future-proof your business and embrace the exciting possibilities that lie ahead.
Don't wait! Contact Risk Evolves today for a consultation
on meeting the new ISO standards and explore how ISO 42001 can help your business thrive in the age of AI.
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