All organisations are looking to gain a competitive advantage. One way of doing this is to use resources more efficiently; after all, less consumption equals lower costs and higher profits.
Of course, responsible energy consumption has proven easier said than done over the years, even with growing public and government interest in pollution.
The fact is organisations need electricity and, in many cases, gas, steam and other power supplies to operate. How are they supposed to reduce the amount they use while still running at the same level?
The answer can be found in ISO 50001, the international standard for adopting an EnMS (energy management system).
In this blog, we explain what the Standard covers, why it’s important and how you can implement its requirements.
What is ISO 50001?
Energy consumption is an important consideration for almost every organisation, as any problems with their power supply will severely disrupt their ability to operate.
ISO 50001 helps manage the risks associated with energy use, containing a wide range of policies designed to:
- Reduce energy costs;
- Meet legal and contractual energy compliance requirements;
- Increase energy security; and
- Demonstrate a commitment to improved energy performance.
If organisations don’t address these concerns, they’ll waste money, suffer reputational damage and expose themselves to security risks.
After all, wastefulness contributes to excessive energy bills, reducing profits. But there are also reputational implications. For example, there is a growing moral imperative to reduce energy use, and this is often tied to organisational and governmental targets.
Organisations that meet those targets can use their achievement as a point of pride and as an opportunity to gain a competitive advantage. All else being equal, third parties are more likely to choose to work with an energy-conscious organisation over one that’s profligate.
Different approaches to ISO 50001
ISO 50001 is suitable for organisations both big and small, but that’s not to say it advocates a one-size-fits-all approach.
Organisations can approach the Standard in a number of ways, and their approach often depends on whether they are primarily concerned with the financial side of energy management or the environmental and reputational impact.
ISO 50001 acknowledges that every organisation has its own requirements, so each EnMS should be created based on the way energy consumption is determined, resourced and improved.
There are many technologies and systems that organisations can use to monitor and reduce energy consumption – and the Standard is simply a way of bringing them together in one system.
A strategic guide to energy management
You can find out more about the Standard by reading ISO 50001 – A strategic guide to establishing an energy management system.
This succinct guide provides a strategic overview of ISO 50001’s requirements for establishing an EnMS, and explains how implementing one brings added value to your organisation.