ISO 31000
International guidelines for enterprise risk management frameworks
LEED
Global green building rating system
Quick Verdict
ISO 31000 provides voluntary risk management guidelines for all organizations worldwide, embedding risk into governance. LEED offers certifiable green building standards for construction projects, verifying sustainability performance. Companies adopt ISO 31000 for resilient decisions; LEED for market-leading eco-buildings.
ISO 31000
ISO 31000:2018 Risk management — Guidelines
Key Features
- Defines risk as effect of uncertainty on objectives
- Eight principles guide integrated risk management
- Framework embeds risk into governance and operations
- Iterative process for assessment, treatment, monitoring
- Non-certifiable guidelines for any organization
LEED
Leadership in Energy and Environmental Design
Key Features
- Third-party verification by GBCI
- Points-based scoring across categories
- Mandatory prerequisites and elective credits
- Tailored rating systems by project type
- Recertification for operational performance
Detailed Analysis
A comprehensive look at the specific requirements, scope, and impact of each standard.
ISO 31000 Details
What It Is
ISO 31000:2018, Risk management — Guidelines is an international standard providing non-certifiable principles, framework, and process for managing risk. Its primary purpose is systematic handling of uncertainty affecting objectives, applicable to any organization, emphasizing value creation and protection through a risk-based approach.
Key Components
- **Three pillars8 principles (integrated, structured, customized, inclusive, dynamic, best information, human factors, continual improvement), framework (leadership, integration, design, implementation, evaluation, improvement), and process (communication, scope/context/criteria, assessment, treatment, monitoring/review, recording/reporting).
- Built on PDCA cycle; no fixed controls.
- Guidelines-only model, no certification.
Why Organizations Use It
Enhances decision-making, resilience, and governance; links risk to strategy for value protection/opportunity capture. Builds stakeholder trust, supports compliance indirectly, provides competitive edge in uncertainty. Drives efficiency, reduces losses.
Implementation Overview
Phased approach: leadership commitment, gap analysis, pilot process, integration, monitoring. Tailored for all sizes/sectors; involves policy, roles, tools, training. Internal audits assure alignment; ongoing continual improvement.
LEED Details
What It Is
LEED (Leadership in Energy and Environmental Design) is a voluntary green building certification framework developed by the U.S. Green Building Council (USGBC). Its primary purpose is to promote sustainable design, construction, and operations across building types and lifecycle phases. It uses a performance-based approach with prerequisites and points-based credits.
Key Components
- Core categories: Sustainable Sites, Water Efficiency, Energy & Atmosphere, Materials & Resources, Indoor Environmental Quality, Innovation, Regional Priority.
- Up to 110 points total; prerequisites mandatory, credits elective.
- Built on holistic sustainability principles; certification tiers: Certified (40-49), Silver (50-59), Gold (60-79), Platinum (80+).
- Third-party verification by GBCI.
Why Organizations Use It
- Reduces operating costs, enhances asset value, improves occupant health.
- Meets ESG goals, attracts tenants/investors.
- Mitigates risks like energy volatility, regulatory changes.
- Builds reputation as sustainability leader.
Implementation Overview
- Phased: initiation, design, construction, operations.
- Scorecard development, documentation, GBCI review.
- Applies to all sizes/industries; rating systems like BD+C, O+M.
- Requires registration, performance periods for O+M.
Key Differences
| Aspect | ISO 31000 | LEED |
|---|---|---|
| Scope | Enterprise-wide risk management principles, framework, process | Green building design, construction, operations, sustainability performance |
| Industry | All sectors, any organization size, global applicability | Construction, real estate, building operations worldwide |
| Nature | Voluntary guidelines, non-certifiable framework | Voluntary certification system with third-party verification |
| Testing | Internal audits, monitoring, continual improvement reviews | GBCI third-party review of documentation, performance data |
| Penalties | No formal penalties, loss of alignment benefits | No certification awarded, potential recertification denial |
Scope
Industry
Nature
Testing
Penalties
Frequently Asked Questions
Common questions about ISO 31000 and LEED
ISO 31000 FAQ
LEED FAQ
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