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IS rating scheme update

2016-03-21 02:08:44
IS
IS

ISCA is planning to release a series of updates to the IS rating scheme through-out 2016. It is intended that there will be phased releases as developments are completed culminating in IS version 2 being finalised for release in early 2017.

Since ISCA launched the IS rating scheme nearly four years ago, industry has successfully completed 14 certified ratings - with more to occur in the coming months. To date 46 projects and assets are registered and applying the rating scheme, totalling over $68 billion in capital value. To ensure continuous improvement, ISCA is always collecting feedback from registered and certified ratings, member working groups and other stakeholders in the industry. The IS rating scheme is ready for an update to incorporate this feedback, broaden the scope to include new themes and to evolve IS Operation ratings from ‘pilot’ to ‘version 1’.

A series of scheme updates will be released throughout the year. The table below describes the key releases and planned dates.

ReleaseDate

IS Materials Calculator

Version 1.2The IS Materials Calculator is being updated to incorporate the best and most up to date LCA factors and to more than double the number of materials available.

March 2016

IS v1.2

IS v1.2 will address lessons learnt and feedback to date in the context of enhancing the value and revising the evidence requirements of some credits. This will serve as a stepping stone towards version 2.0 which will be a more significant update.

April 2016

Materiality Assessment

A process to adjust rating scheme weightings based on material issues will be released along with IS version 1.2 and is intended for use with all updated versions.

April 2016

Planning Guidelines

The IS Project Planning Guidelines are intended to provide those involved in infrastructure planning, with guidance on how the IS rating scheme can support the planning process from project initiation through to procurement.

April 2016

Operations Tool

IS Operation rating scheme will be updated from a pilot scheme to version 1 and released for operating assets to improve sustainability performance. Development of IS Operation ratings has benefited from feedback from IS Operation Pilot ratings, IS Streamlining Project and industry consultation workshops.

April 2016

New Themes

New economic, decision-making, workforce sustainability and social procurement categories will be released as part of version 2.

End of 2016 – early 2017

Version 2

Version 2 will include updated credits, new themes and streamlined processes. Stakeholder consultation will be undertaken in June-August 2016 for initial stakeholder input.

End of 2016 – early 2017

As an industry we should feel proud of our achievements in sustainability to date. Certified ratings have been increasing, reflecting the improvements the industry has made since 2012 when the scheme was released.

Developments to the IS rating scheme will help to progress sustainability within the industry even further.

For more information, please contact the ISCA team on 02 9252 9733 or This email address is being protected from spambots. You need JavaScript enabled to view it.

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