Introducing BSI Flex 3030: A New Standard for Net Zero Transition Plans
The British Standards Institution (BSI) has launched a new standard, BSI Flex 3030, designed to guide small and medium-sized enterprises (SMEs) in developing effective net zero transition plans. This comprehensive standard offers the following features:
- A clear framework for action: BSI Flex 3030 provides free, high-quality advice and guidance on how to begin transitioning your organisation to net zero.
- Universally applicable: While tailored for SMEs, the standard can also benefit anyone involved in the supply chain.
- Target setting and progress tracking: The standard explains how to set achievable targets and offers reliable benchmarks while allowing for flexible application.
- Enhanced credibility and transparency: It helps organisations improve transparency, accountability, and comparability between their Net Zero Transition Plans (NZTPs) and those of other sectors.
- Competitive advantage: Organisations can demonstrate their progress to regulators, customers, and investors, gaining an edge in supply chains where sustainable practices are in demand.
- Cost efficiency and resource optimisation: The standard promotes waste reduction, aligns with existing management system standards like ISO 9001, ISO 27001, and ISO 50001, and reduces the burden of sustainability or ESG reporting.
- Compatibility with other schemes: It helps organisations meet the requirements of initiatives like the UNFCCC’s Race to Zero, the Carbon Disclosure Project (CDP), the Science-Based Targets initiative (SBTi), and others.
- Support from the Net Zero Standards Hub: Users can access updates, guidance, and discussions on the Hub’s website for additional assistance.
- Future-proofing and opportunity creation: The standard helps organisations prepare for future regulations, mitigate risks associated with climate change, and position themselves to access emerging markets for sustainable products and services.
What is BSI Flex 3030 v2.0:2024-12?
The latest version of the standard, BSI Flex 3030 v2.0:2024-12, provides a straightforward, nationally agreed approach to net zero planning. An accompanying introductory guide and checklist has been developed to support organisations in their transition.
Who is BSI Flex 3030 v2.0 for?
This standard is designed for all types of organisations, regardless of size, type, or sector, but is particularly beneficial for:
- SMEs, especially those new to addressing climate change.
- Organisations with SMEs in their value chains.
- Local authorities, governments, and trade associations.
- NGOs, banks, lenders, and investors.
- Operators of climate-related initiatives.
What does BSI Flex 3030 v2.0 cover?
The standard provides recommendations for designing and implementing a transition to net zero, including:
- Measuring greenhouse gas (GHG) baselines (emissions and removals).
- Setting realistic GHG reduction targets.
- Creating a credible pathway to net zero.
- Identifying the necessary actions to achieve the NZTP.
While focused on GHG reduction, the standard also considers GHG removals and adaptation to climate change, offering high-level principles and a structured framework for transition planning.
Why use BSI Flex 3030 v2.0?
The updated version offers clearer language, additional guidance, and a step-by-step checklist for planning and implementing a net zero strategy. Its benefits include:
- Free, accessible advice for starting your net zero journey.
- Applicability to a wide range of organisations.
- Tools to improve credibility, transparency, and reporting efficiency.
- Compatibility with existing sustainability initiatives and management systems.
What’s new in version 2.0?
Published in December 2024, BSI Flex 3030 v2.0 builds on the first version following extensive public consultation. It introduces:
- A revised title and clearer language.
- Additional clarifications and guidance.
- An introductory guide and checklist to simplify the implementation process.
For further details, visit the Net Zero Standards Hub at https://netzerostandardshub.bsigroup.com.