IS Essentials: A Sustainability Rating Tool for infrastructure assets with a capital value of $5-100m
An IS Essentials rating provides verified sustainability performance assurance for smaller scale infrastructure projects which aim to deliver social, cultural, environmental, and economic outcomes.
IS Essentials covers the Design and As Built phases of a project.
Like all IS Ratings, IS Essentials is suitable for all infrastructure types including road, water, rail, energy, airport, port and social infrastructure such as parks and public facilities.
The IS Essentials tool is being used for a large variety of asset types across Australia and New Zealand. For example:
Accessible, digital and cost-effective
IS Essentials is based on the Design and As-Built V2.1 rating with reduced complexity. IS Essentials requires fewer credits to be undertaken overall and the requirements within each credit are reduced. Only high materiality credits are screened in to ensure the project can focus on what is most important to them.
IS Essentials is the ISC’s first digital rating tool, using the IS Ratings Portal. The portal covers most aspects of doing a rating including Materiality Assessment, Design and As-Built credits and managing evidence.
The Resource Centre with intelligent search capabilities enables easy access to information while working on a rating.
Fees for IS Essentials are reduced compared to V2.1 ratings and are accessible here: https://www.iscouncil.org/is-ratings/
Want to find out more?
If you would like to find out more about IS Essentials, please contact Monique Isenheim.
Get in touchFrequently Asked Questions
- What is IS Essentials?
- What are the benefits of undertaking an IS Essentials rating?
- How is the IS Essentials tool reduced in scale and complexity compared to the ISC’s larger project tool?
- What elements of the Rating are digitalised?
- What is an ISAP and why do we need one for the IS Essentials project?
- Is there any IS Essentials specific training available?
- I am currently accredited in IS v2.1 D&AB, what are my options?
- I am currently accredited ISAP (IS v1.2 D&AB, Planning or Operations). What training should I undertake?
- This is my first time undertaking IS for Professionals Pathway training, OR my ISAP accreditation has expired. What training should I undertake?
- What internal resourcing is required to deliver an IS Essentials Rating?
- Does an organisation need to be an ISC member to deliver an IS Essentials Rating?
- What are the timelines for registering a project?
- We have already completed our design, can we still apply for a rating?
- Who should be registering the project, the proponent or the project?
- How will the ISC support the ratings process?
- What is the Materiality Assessment?
- How many credits do I need to address in my submission?
- After doing the Materiality Assessment – what credits and score should we target?
- Can a 'construct only' contract register for a IS Essentials Rating?
- Can this be applied to projects with capital value <$5 M? What factors prevent it from giving meaningful results, if we applied to smaller projects? I am thinking many local givernment project can be less than $5M.
- When is the best time to introduce the IS Essentials during the development of the project?
- How does the verification process work?
IS Essentials is a sustainability rating tool for infrastructure assets with a capital value of $5-100m and covers the Design and As Built phases. It is tailored to suit all types of infrastructure, including rail, road, water, energy, airport, port and social infrastructure.
Doing an IS Rating ensures verified social, environmental, economic and governance outcomes for the infrastructure project – across the asset lifecycle.
It helps proponents to prioritise and achieve their organisational sustainability targets at a project level and helps generate the data to track impact. The process will help your project identify the highest priority sustainability issues for your project’s context and stakeholders, i.e., where the most impact is likely to be achieved (“measure what matters”). The insights and data gained through the process can support ESG reporting and help attract sustainable finance.
The IS ratings process helps organisations build and improve sustainability capabilities, policies and tools and as such can have a legacy beyond the project that is undergoing the rating.
IS Essentials is reduced in complexity through reducing the number of credits required to be undertaken and reducing the requirements within each credit. Only high materiality credits are screened in to ensure the project can focus on what is most important to them – see Materiality Assessment section below. The ISC has also produced a number of templates for IS Essentials projects, to further reduce the scale and complexity of the work required for a Rating submission. Finally, IS Essentials will be the first digital ratings tool. It uses our new IS Ratings Portal that provides more guidance during the rating process and access to a Resource Centre with intelligent search capabilities for projects to use.
IS Essentials is the first IS rating tool to use ISC’s new IS Ratings Portal. The portal covers most aspects of doing a rating including Materiality Assessment, Design and As Built phase credits and managing evidence. A new Resource Centre with intelligent search capabilities built-in enables easy access to information while working on a rating. The portal replaces several of the tools currently used in completing a rating, including the Scorecard in Excel, Credit Summary Forms in Word and SharePoint folders.
An ISAP is an Infrastructure Sustainability Accredited Professional. This person is usually responsible for preparing the project’s rating submission for verification. ISAPs have completed an IS for Professionals Pathway, undertaking training in the implementation of the IS Rating Scheme and completing the end of pathway exam (ISAP accreditation). ISAPs receive regular updates to the IS Rating Scheme and are invited to IS Update webinars and annual training days. ISAP accreditation must be maintained annually through the ISAP renewal process.
There must be a named and current ISAP on your project. If your organisation does not have a certified ISAP, please talk to us about training options.
Yes, from June 2024 IS Essentials modules are included as part of IS Design and As Built training
You can access the IS Essentials training modules free of charge from June 2024 to July 2024. From July 2024, there will be a fee to undertake IS Essentials modules.
You are required to undertake the new IS Design and As Built training. The new D&AB training is specific to IS v2.1 and includes IS Essentials modules.
You are required to undertake IS Rating Skills and IS Design and As Built training. IS Essentials modules is included as part of IS Design and As Built training.
An IS Essentials rating is an opportunity to drive real change, innovation and impact in sustainability. Doing an IS Essentials rating requires commitment across the organisation to align around a joint goal, to drive outcomes and to build capability. Whilst the ISAP leads the process, they will require support from various collaborators within and outside the organisation.
As with all IS rating tools, the effort depends on several factors including the number of credits and levels being targeted by the project, the processes and policies already in place, and the experience level of the team. For organisations new to IS ratings, we recommend focusing on a limited number of credits that are material for the organisation and attempting to target those for maximum impact.
Whilst not mandatory for delivering an IS Essentials rating, ISC membership gives your organisation access to number of financial benefits such as reduced ratings fees and discounts on training and events. It also enables your organisation to actively participate in the development of the ISC’s offerings and provides access to a wide network of experts that can help you progress faster on your sustainability journey.
The best time to register a project is prior to procurement stage. Please reach out to us at info@iscouncil.org if you would like to discuss your project prior to registration.
This may be possible. Please get in touch with ISC at info@iscouncil.org to discuss.
Either a project proponent or the project designer/contractor may register the project for the IS Essentials. The decision may come down to contractual responsibility and ultimately who owns the rating.
You will have an assigned IS Project Manager to help guide you through the process. After an initial Kick-Off meeting, there are regular touch points (usually monthly) to help you understand where you are and what the next steps are in the process. You can also refer to the road map, the IS Essentials Technical Manual for rating process guidance and detailed information on credits, and the Submission Guidelines for practical tips and lessons learned.
The materiality assessment will help your project identify the highest priority sustainability issues for your project’s context, i.e., where the most impact is likely to be achieved (“measure what matters”). The relevant credits will be identified through answering a number of project related questions, and their relative weighting for the overall rating will be determined. You will need to provide evidence to support your materiality answers.
There are no compulsory or mandatory credits in the IS Essentials tool. The number of credits that are screened in during the materiality assessment, and hence able to be targeted, depends on the project CAPEX (see table below).
There are 10 ‘permanent’ credits which are pre-determined and are automatically screened in. ‘Additional’ credits are automatically screened in based on the materiality allocated to each credit during the materiality assessment. Credits with a materiality of 3 and 4 are screened in, up to a maximum of the upper limit for the applicable Capital expenditure band. If there are insufficient materiality 3 or 4 credits to reach the lower limit of the capital band, the next highest weighted credit will be screened in until the lower limit is achieved. In addition, the project can choose to target further ‘Elective’ credits regardless of their capital band. A total of 110 points will be distributed across the permanent and screened in credits. The IS Essentials Technical Manual contains 34 credits in total.
As with all IS rating tools, the screened in credits the project elects to target is entirely at the project’s discretion.
Choosing appropriate target credits and potential target score is one of the key early steps in ensuring the rating tool helps your project deliver positive outcomes. Your targets might be an overall score, a rating level (e.g. Bronze, Silver) or an outcome for a particular category or credit. You may have specific contractual requirements or KPIs to meet. Consider project resources, budget and time constraints when choosing what to focus on. It doesn’t always make sense to target a very high score or to target every screened in credit, especially where the organisations and project team involved are new to IS ratings.
The IS Essentials verification process is similar to the verification process for the v1.2 and v2.1 of the IS Design & As Built Rating tool, with a third-party verifier utilized. The verification process comprises 2 rounds, however in IS Essentials there is only one verifier.