Achieving the UN Sustainable Development Goals and ISO 55000

extract from – Achieving the UN Sustainable Development Goals  https://committee.iso.org/files/live/sites/tc251/files/guidance

Good Asset Management is a key enabler for organizations seeking to contribute to the achievement of the United Nations’ Sustainable Development Goals (SDG). Asset Management provides clarity of purpose and the management system to ensure that good intentions are turned into practical reality.

Effective and efficient organizations use a structured approach to their Asset Management in order to resolve competing priorities and ensure that long-term benefits are not sacrificed for more immediate needs. An Asset Management System (AMS) based on the ISO 55000 family of standards helps an organization to establish a coherent approach and coordinated delivery of appropriate resources and activities. It also incorporates monitoring and continual improvement elements to assure sustained achievement of the strategic objectives.

An effective and efficient AMS aligns an organization’s Corporate Social Responsibility (CSR) goals with daily activities and processes. Asset Management incorporates such goals into technical and financial decisions, to derive clear plans and activities. The AMS ensures performance delivery, monitoring and continual improvement to achieve the CSR goals at all levels.

“The Cost of Doing Nothing: Why Investing in Our Nation’s Infrastructure Cannot Wait”

Before the House Committee on Transportation and Infrastructure on “The Cost of Doing Nothing: Why Investing in Our Nation’s Infrastructure Cannot Wait”

review it here https://tinyurl.com/y5mxlk2r .

 

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In Brief 

Governors made investing in our nation’s infrastructure a top priority in 2019 and for the 116th Congress.

Infrastructure is the foundation states are built upon. It impacts everything from economic development and global competitiveness, to our quality of life, safety, environment and resiliency. Governors have taken action to enhance infrastructure, including creating new and increasing existing funding streams, advancing public private partnerships, addressing regulatory delays, improving transparency and promoting innovation.

 

Capital planning through the lens of ISO 55000

This paper is addresses capital planning that will be created by top management who understand organizational objectives and who want to implement a systematic approach to improved asset management. Case studies of organizations that have used advanced asset management systems are provided for context. Pertinent sections of ISO 55000/1/2 are addressed. First steps are suggested. And, very importantly, the ability to align existing Capital Planning standards, regulations and requirements with the ISO 55000/1/2

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#assetmanagement   #ISO55000  # IAM #Assetfinance

San bruno case study – PG& E

This case study is an overview of the actions taken by PG&E to transform its Gas Operations and begin rebuilding its reputation following the explosion of a gas transmission line in San Bruno, CA (near San Francisco).
This incident is relevant because the actions taken and the lessons learned are applicable to all gas operations worldwide to ensure catastrophic preventable incidents like this do not occur in the future including ISO 55000 and Strategic Asset Management

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