The five-year MoU, signed by ASI Chief Executive Officer, Fiona Solomon, and IAI Secretary General, Ron Knapp, brings the two organisations together to share measurement, reporting and verification frameworks and selected industry data on greenhouse gas emissions, water and energy use, waste and risk management, among other issues.

The collaboration is expected to enhance efficiencies for both organisations and their respective members by supporting common approaches where relevant, and pooling collective experience and knowledge. To realise these aims, the ASI and IAI executive teams agree to meet periodically and to report annually to their respective Boards on the status of cooperation.

Today's MoU between IAI and ASI will enable the development of globally applicable standards for measuring and verifying sustainability performance, including greenhouse gas emissions, along the supply chain, by drawing on the four decades of industry experience and data that the IAI and its members have amassed".

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