Major financial risk to businesses if they fail to improve energy efficiency

29 May 2014

ISO 50001 Energy Management Certification

Tom Johnston, BM TRADA’s Chief Operating Officer of Central Certification Services, said companies need to continue rising to the challenge of energy management.

Speaking at the launch of BM TRADA’s expansion into UKAS-accredited ISO 50001:2011 Energy Management Certification, following a successful pilot scheme, Johnston said:

The cost of energy is rising rapidly, fuelled in part by growing concern over energy security, and it is the business and public sectors that are feeling the financial impact the most.

At the same time, energy efficiency is now firmly on government agendas in a bid to tackle carbon emissions and wastage in the industrial sector is being met with increasingly heavy penalties.

Outdated and inefficient energy management systems are not only costing companies more than they realise, running into millions of pounds, but are also leaving businesses and organisations wide open to financial and reputational risks which they can ill afford to deal with.

UK produced an estimated 463million tonnes of carbon dioxide in 2013
UK could be reliant on natural gas imports of 70 per cent by 2020
UK Government has a legally-binding target to reduce emissions
UK risks missing legally-binding targets to reduce carbon dioxide emissions by 80 per cent by 2050

About ISO 50001 Energy Management Certification

ISO 50001:2011 is the international standard for energy management, providing an effective framework for improving energy performance, efficiency and consumption, and integrating this into management practices.

The standard integrates with, and complements, existing management systems such as ISO 9001 Quality Management & ISO 14001 Environmental Management.

For more information on Energy Management Certification visit the BM TRADA website.

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