Overview: Due diligence and climate (Oct 2023) | CLOSED
The ISEAL Innovations Fund launched a call in October 2023 for ISEAL Community Members and their partners to submit expressions of interest for project ideas responding to either of two thematic calls - focused broadly on due diligence and climate:
1. Sustainability systems as tools to support implementation of effective, fair, and impactful due diligence processes.
2. Sustainability systems supporting climate action.
The application window is now closed.
This public overview explains the type of grants that were available, and the selection process.
We are excited to launch two calls for expressions of interest under this thematic grant round for ISEAL Community Members and their partners to submit project ideas responding to either of the following themes:
- Sustainability systems as tools to support implementation of effective, fair, and impactful due diligence processes.
- Sustainability systems supporting climate action.
Read on for more details on the types of grants we have available, and how to apply.
Grants are available for projects up to 2 years that respond to the theme: Sustainability systems as tools to support implementation of effective, fair, and impactful due diligence processes.
Following on from the last call in July 2023, this is an opportunity to build on existing learning and pilot innovations and improvements that will help sustainability systems meet the rapidly growing demand for more engagement, tools, and action to support and respond to corporate due diligence legislation in various jurisdictions.
Grants are available for projects up to 2 years that respond to the theme: Sustainability systems supporting climate action.
This call is an opportunity for ISEAL Community Members and their partners to explore innovations for improving the effectiveness of their systems in climate measurement, mitigation and adaptation, building on existing work on climate in the ISEAL community.
- Eligibility: The Fund is open to applications led by ISEAL Community Members, who can collaborate with other sustainability systems and/or organisations outside the ISEAL community.
- Grants available:
- Small grants. CHF 40,000 - 80,000 for projects up to 1 year.
- Medium grants. CHF 80,000 – 150,000 for projects up to 2 years.
- Match funding. 1:1 requirement.
- Guiding principles. Values that should be embodied in all Fund supported projects.
- Visit the ISEAL website for more information about the Fund and past projects.
If interested in this funding opportunity, please reach out to our members and explore the potential for a joint project.
All grants issued in this grant round must both align with the Fund’s Guiding Principles, and the funding criteria specific to the relevant thematic call.
In addition to the specific funding criteria for each call, prospective applicants should consider if the grant types available in this round could support their project, based on the information below.
| Type | Small grants | Medium grants |
|---|---|---|
| Value (CHF) | 40,000 - 80,000 | 80,000-150,000 |
| Duration | < 1 year | < 2 years (starting in March 2024) |
| Who can apply | ISEAL Community Members | |
| Match funding | 1:1 required | |
EOIs should be completed in the EOI template for the relevant thematic call (available on the closed online platform for the ISEAL community) and submitted by the ISEAL Community Member leading the proposed grant by 17 November 2023.
The brief EOI template includes questions on:
- The motivation for your project, what you are hoping to achieve, and how.
- The learning value for your organisation, project partners, the ISEAL community, and beyond.
- How it will contribute to the funding criteria specific to the relevant thematic call.
Submitted EOIs are presented to a grant decision-making committee comprising wider ISEAL team members, SECO, and external experts.
The committee selects a sub-set of EOIs it recommends for full proposal development, and ISEAL will work with successful applicants to develop detailed proposals.
We aim for projects to start in March 2024.