What is PAS 44010 – Voluntary agreements about?
This is a new specification on designing, maintaining and implementing voluntary agreements. PAS 44010 aims to help businesses and other organizations convene collaborative actions to achieve specifically defined aims and common goals.
Who is PAS 44010 – Voluntary agreements for?
PAS 44010 on voluntary agreements can be adopted by a variety of stakeholders within or across multiple sectors including:
- Government bodies (local, national and/or international)
- Commercial businesses of all sizes
- Industry organizations and associations
- Non-government organizations (e.g. charities)
- Academic institutions
- Funding organizations (e.g. development banks)
What does PAS 44010 – Voluntary agreements cover?
PAS 44010 specifies a structured approach through which a voluntary agreement can be more effectively developed, implemented, and maintained.
It covers the purpose, agreed roles and responsibilities, effective management of stakeholder activities and sustainability of an agreement needed to deliver mutually desired outcomes.
PAS 44010 also covers a framework for initiating a voluntary agreement in collaboration with those who consent to participate and supports the development and application of a defined agreement.
It also covers:
- Establishing aims, objectives, measuring results, evaluating progress, and realigning the direction of the agreement (as and when necessary)
- Identification of stakeholder contributions and resources
- Managing stakeholder activities and sustaining management relationships, until a controlled exit takes place
Why should you use PAS 44010 – Voluntary agreements?
- It can be used by organizations to design, implement and maintain voluntary agreements
- It can provide a useful way to achieve policy objectives for businesses and other stakeholders that are signatories to voluntary agreements; organizations that fund voluntary agreements; and governments that sponsor voluntary agreements
- It can enable robust and trusted voluntary agreements to be reached more quickly
- It can enable agreements to be adapted to changing circumstances
- It can enable action across an entire supply chain rather than just one area
- It can improve the efficiency of collaborative working
