HOW TO BECOME A SUSTAINABLE ELECTRICITY COMPANY™
There are six specific steps to becoming a Sustainable Electricity Company™ with the right to use the brand mark.
1. Commitment to Sustainable Development (SD)
The company must publicly declare its commitment to SD (or equivalent term/concept), which would declare its commitment to continual improvement of overall environmental, social and economic performance. This commitment must be outlined in an official company document (e.g. Sustainable Development Policy, Annual Report, etc.).
2. ISO 14001 Environmental Management System (or equivalent)
The company must have an ISO 14001 Environmental Management System (EMS) or equivalent in place, either at the corporate and/or the facility level. An equivalent system must have all the core elements of ISO 14001, but it does not have to be certified by a third party.
3. ISO 26000 Significance Test
The company must commit to core subjects and issues, and related actions and expectations contained in the document ISO 26000 “Guidance on Social Responsibility”, that are determined to be applicable and significant to the company and its stakeholders. The method used to determine the significance of core subjects and issues, and applicable related actions and expectations under ISO 26000, must be documented.
4. Governance Framework
The applicant company shall establish, document, implement, maintain, and continually improve a governance framework that must encompass relevant ISO 26000 core subjects and issues. The governance framework must include the following aspects:
- Senior management leadership, commitment, and accountability;
- Decision-making process and structure;
- Policies, objectives, and targets that reflect the company’s significant sustainability issues;
- A system or method to identify legal and other requirements to which the company subscribes, related to their sustainability issues;
- A process in place to monitor, evaluate, and document performance and take preventative and/or corrective action; and
- Periodic review and evaluation of the governance processes of the company.
5. Reporting Transparency
The company must regularly report on sustainable development (or equivalent term/concept) performance in a transparent manner to stakeholders. Reporting may occur through the Annual Report, communiqués or on the company’s website.
6. Verification of Criteria Implementation
The company must pass a third party verification of criteria implementation.