Standard Owner Benchmark - BSI GROUP

By CommonShare

BSI Group, formerly known as the British Standards Institution, is a global organization that provides services in standards development, certification, testing, and training. BSI Group operates as a for-profit company and offers its services to a wide range of industries and sectors.

BSI Group was founded in 1901 and is headquartered in the United Kingdom. It is recognized as a leading standards organization and works with businesses, governments, and other organizations to develop and implement standards that promote best practices, quality, and safety.

The services provided by BSI Group include the development of standards, certification of management systems, product testing and certification, training programs, and advisory solutions. The organization offers a wide range of standards, including those related to quality management, environmental management, occupational health and safety, information security, risk management, and sustainability.

BSI Group's certification services involve assessing an organization's compliance with specific standards through audits and evaluations. By achieving certification, organizations can demonstrate their commitment to quality, safety, and best practices.

In addition to certification services, BSI Group also provides training programs to help individuals and organizations develop the necessary skills and knowledge to implement and maintain standards. These training programs cover various topics, including quality management, information security, risk management, and sustainability.

As a for-profit company, BSI Group generates revenue through the fees associated with its services. The fees for standards development, certification, testing, and training contribute to the financial sustainability of the organization.

Overall, BSI Group plays a significant role in promoting standards and best practices globally. Its services help organizations improve their operations, enhance customer satisfaction, mitigate risks, and achieve compliance with industry and regulatory requirements.

Overall Rating

2.6
Undistinguished

Governance

The certification uses a multi-stakeholder, independent governance model to support the development of the standards related to the certification.

Supply Side Digitization

Details on the certificate are easily available via technology for inclusion in third party digital applications.

Buy Side Availability

Buy side availability details out how easy it is for consumers to find products and companies exhibiting the standards offered by the certification.

Relevance

This considers the scale of the certification, and the number of products and companies that currently contribute to the certificate. National and local certification are normalized with countries.

Digital Accessibility

How easy is it for innovative new companies, startups, and local retailers to have the same access and affordable pricing models to use standard information in digital applications.
BSI GROUP
United Kingdom
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How our Standard Owner Benchmark® Works?

By CommonShare

This is a benchmark to help companies understand which standards should be part of a sustainable procurement plan. Further, the benchmark allows standard setting schemes, i.e. "Standard Owners", to benchmark their performance versus industry peers.