GFMAM Asset Management Landscape 3.3 – Sustainable Development
THIS VIDEO IS FROM THE FREE COURSE – GFMAM Asset Management Landscape | Organisational Change Management (OCM) perspective (https://elearning.applyingassetmanagement.com)
This module explores Subject 3.3 – Sustainable Development from the GFMAM Asset Management Landscape (Version 3, 2024).
It explains how organisations integrate sustainability into asset management strategy, ensuring that economic, environmental, social, and governance (ESG) responsibilities are addressed throughout the asset life cycle.
The lesson outlines how to:
~Balance ESG priorities to support long-term organisational and community value.
~Embed sustainability principles into asset management objectives, planning, and decision-making.
~Incorporate climate change adaptation, cultural values, and community engagement into asset strategies.
~Align asset life cycle activities to enhance resilience and minimise negative impacts.
From an Organisational Change Management (OCM) perspective, this subject focuses on the leadership, cultural, and behavioural changes required to embed sustainability into everyday decision-making. It considers how to:
~Shift organisational mindsets so sustainability is viewed as a core business function rather than an optional goal.
~Manage competing priorities by facilitating transparent discussions on trade-offs and long-term value.
~Embed environmental and social responsibility into culture, leadership practice, and performance systems.
~Strengthen stakeholder engagement through inclusive, co-designed approaches with communities, regulators, and Indigenous groups.
~Build organisational capability by providing education on ESG frameworks, climate adaptation, and sustainable asset management tools.
~Integrate sustainability metrics into asset planning, reporting, and investment decisions.
This subject aligns with ISO 55001:2024 clauses:
~4.1 Understanding the organisation and its context
~5.1 Leadership and commitment
~6.1 Actions to address risks and opportunities
~8.1 Operational planning and control, including lifecycle management
To explore further:
https://elearning.applyingassetmanagement.com
— On Demand Training
https://www.structuredchange.com.au
— Change Management supporting Asset Management
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