diff --git a/CHANGELOG.md b/CHANGELOG.md
index dbbfb6ad2b8..e1128ce44e9 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -6,6 +6,18 @@ and this project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0
 
 ## [Unreleased]
 
+## [1.5.0] - 2020-09-04
+
+### Added
+- **Logger**: Add `xray_trace_id` to log output to improve integration with CloudWatch Service Lens
+- **Logger**: Allow reordering of logged output
+- **Utilities**: Add new `SQS batch processing` utility to handle partial failures in processing message batches
+- **Utilities**: Add typing utility providing static type for lambda context object
+- **Utilities**: Add `transform=auto` in parameters utility to deserialize parameter values based on the key name
+
+### Fixed
+- **Logger**: The value of `json_default` formatter is no longer written to logs
+
 ## [1.4.0] - 2020-08-25
 
 ### Added
diff --git a/pyproject.toml b/pyproject.toml
index 240ae4ed84d..1fc075e8382 100644
--- a/pyproject.toml
+++ b/pyproject.toml
@@ -1,6 +1,6 @@
 [tool.poetry]
 name = "aws_lambda_powertools"
-version = "1.4.0"
+version = "1.5.0"
 description = "Python utilities for AWS Lambda functions including but not limited to tracing, logging and custom metric"
 authors = ["Amazon Web Services"]
 classifiers=[