ISO 50001:2018
Optimizing Efficiency Through Energy Management
Energy management is one of the top challenges of the present era. The efficient management of energy resources has huge implications on the environment and on climate change. It helps organizations reduce their carbon footprint and thus mitigate the effects of climate change. Energy management contributes significantly to sustainable development and safeguards the welfare of future generations.
What is ISO 50001?
ISO 50001:2018 is the international standard for Energy Management Systems created by the International Organization for Standardization (ISO). It has specifications for establishing, implementing, maintaining and improving an energy management system (EnMS). The objective of this standard is to enable an organization to follow a systematic approach in energy performance improvement, inclusive of energy efficiency, energy security, energy use and consumption. The standard targets to help organizations continually reduce their energy consumption leading to energy cost reductions and reduction in greenhouse gas emissions.
Who can benefit from ISO 50001?
ISO 50001:2018 can be used in any organization, whatever its size, sector or location. This standard provides a robust framework for optimizing energy efficiency in the public and private sectors. It offers guidance on benchmarking, measuring, documenting and reporting energy improvements and projected greenhouse gas (GHG) reductions. ISO 50001:2018 also supports the evaluation and prioritization of the implementation of new energy-efficient technologies. ISO has stated that the standard could influence up to 60 per cent of the world’s energy use.
What are the key benefits of ISO 50001:2018?
- Significant financial savings from increased energy efficiency
- Business gets a leading edge through enhanced marketing capabilities
- Enables continual improvements on energy performance
- Ensures compliance with legal and regulatory requirements
- Reduced greenhouse gas (GHG) emissions and carbon footprint
- System compatibility enables ISO 50001 to be easily integrated with existing management systems such as ISO 9001 and ISO 14001
- Ensures best practice energy management systems are implemented
- ISO 50001 framework facilitates the management of energy bills and expenditure
- Reduction in costs leads to competitive advantage
- Improved environmental performance, productivity and compliance
- Creates transparency and facilitates communication on the management of energy resources
- Reduces risk and increases energy security
- Creates a framework for promoting energy efficiency throughout the supply chain
- Increases stakeholder confidence through organizational commitment to integrated climate change emissions reduction strategy
- Certification to international standard demonstrates public commitment to energy management
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