ISO 42005AI Impact Assessment · assessing the impacts of artificial intelligence

ISO 42005 –
Because AI has impacts to assess

ISO 42005 is the international standard for performing impact assessments of AI systems — it complements ISO 42001 and expands the analysis of the social, economic and ethical impacts of AI. Essential for EU AI Act compliance. CBE has been guiding organizations for 30 years — with 100% success.

CBE specializes in guiding and certifying organizations for the ISO 42005 standard, tailoring the management system to the organization's needs.

Version: ISO 42005 (in development / 2024 release)Nature: extension of ISO 42001Recognized: EU AI ActSuitable for: AI development and deployment

Quick facts – ISO 42005

Goal

Assessing the impacts of AI systems on society and people

Who needs it

Organizations that develop or deploy AI

Importance in Israel

Essential for EU AI Act — High Risk AI

Complements

ISO 42001, EU AI Act, GDPR

CBE – success rate

100% – hundreds of certified clients

What is ISO 42005?

AI Impact Assessment — because every AI affects people

ISO 42005 is the international standard for performing an AI Impact Assessment (AIIA) — a systematic process for assessing the impacts of an AI system on people, groups, society and the environment.

While ISO 42001 defines the management framework for AI, ISO 42005 expands the depth of impact analysis — what can go wrong, who might be harmed, and how to prevent unintended damage.

The EU AI Act requires High Risk AI to perform an impact assessment. ISO 42005 is the practical tool for meeting this requirement. CBE guides both together.

Impact on people

Assessing potential harm, discrimination and bias.

Fairness

Analyzing gaps, outcome equality and algorithmic discrimination.

Transparency

Documenting how the AI makes decisions and what their impact is.

AI risk management

Identifying failure scenarios and preventing unintended harm.

Who needs ISO 42005?

High-Risk AI (EU AI Act)

AI systems in fields like credit, employment, medicine — AIIA is mandatory under the EU AI Act.

To sector page

Medical AI

AI for diagnosis, treatment and monitoring — medical and social impact assessment.

To sector page

Fintech & credit AI

Credit models and AI-based interest rates — bias and discrimination analysis.

To sector page

Manufacturing & automation AI

The impact of automation on workers and production processes.

To sector page

Government AI

AI in public services — impact assessment on citizens.

To sector page

HR & recruitment AI

AI models for hiring — preventing discrimination and bias in the process.

To sector page
Benefits

What do you get from ISO 42005 certification?

EU AI Act compliance

AIIA is an explicit requirement for High Risk AI under the EU AI Act

Protection from AI harm

Early identification of failure scenarios before deployment

Business trust

Clients and regulators see AIIA as a sign of responsibility

Ethical & responsible AI

Proof that your AI doesn't harm vulnerable groups

What does ISO 42005 require?
1

Organizational context

Defining the organization's needs, stakeholders and the scope of the quality management system.

5

Operation

Process planning and control, managing customer requirements, external providers and output control.

2

Leadership

Management commitment, quality policy and defining roles and responsibilities.

6

Performance evaluation

Measurement, analysis, internal audit and management review.

3

Planning

Risk and opportunity management, quality objectives and plans to achieve them.

7

Improvement

Managing non-conformities, corrective actions and continuous improvement of the system.

4

Support

Resources, employee competence, internal communication and documentation.

Don't know where to start?

CBE performs a full Gap Analysis and builds a work plan tailored to your organization.

The certification process with CBE

CBE accompanies you at every stage — from the first step to the certificate

1

AI system mapping

Describing the system, stakeholders and objectives

2

Performing the AIIA

Assessing bias, fairness and social impacts

3

Mitigation plan

Defining measures to prevent harm

4

Regulatory documentation

Preparing documentation for EU AI Act purposes

5

Post-deployment monitoring

Ongoing monitoring of impacts after deployment

Why choose CBE for ISO 42005?

30 years, hundreds of clients, 100% success — here's what sets us apart

100% success

Committed to success! No client has ever failed a certification audit. Not certified — you don't pay!

A pace that suits you

We adapt the schedule to your deadline — tender, supplier, client.

We write for you

CBE's skilled human team writes your procedures and documentation tailored to your organization.

Full GRC framework

ISO 42005 complements ISO 42001. CBE guides both + the EU AI Act — under one roof.

Years-long guidance

We don't disappear after the certificate. Annual audits, standard updates, organizational changes.

4,000 satisfied clients

From startup to corporation — experience with every organization type in every field.

ISO 42005 as part of an AI Governance framework

ISO 42005 deepens the impact analysis — ISO 42001 provides the management framework. Together they form complete AI Governance.

About CBE's GRC framework

FAQ about ISO 42005

A question you didn't find here?

Call for a free consultation

03-5105232

What's the difference between ISO 42001 and ISO 42005?

Does the EU AI Act require an AIIA?

Who defines what counts as 'High Risk AI'?

How long does it take to perform an AIIA?

CBE specializes in guiding and certifying organizations for the ISO 42005 standard. The service is provided by CBE's experts, with 30 years of experience in ISO standards, over 4,000 satisfied clients and 100% success in audits.

A consultation call — at no cost and with no obligation

Tell us about your AI system and what's driving you — we'll come back with an impact assessment plan

Prefer to talk?

03-5105232

Address

Nationwide service