A guide to ISO 50001: 2018 energy
Rising power prices, a growing awareness of sustainable resource management and South Africa’s ongoing energy crisis have ensured that energy is never too far from the minds of modern business owners, industry heads and consumers. These issues- and issues faced worldwide- have sparked numerous think-tanks, conversations and initiatives aimed at engaging with sustainable energy usage. This focus in not isolated to electricity use alone but also the effective use of assets and streamlining business processes
Terms related to energy as per ISO 50001 “energy” include electricity, fuel, steam, heat, compressed air and other similar media.
For the purposes of ISO 50001, energy refers to the various types of energy, including renewable, which can be purchased, stored, treated, used in an equipment or in a process, or recovered.
ISO 50001:2018 Energy Management addresses these concerns and tackles the issue head on. This standard aims to support organisations in their efforts to structure and implement a comprehensive energy management system, and to constantly improve their energy performance. ISO 50001 is a data driven approach which facilitates transparent energy flows, improved energy efficiency as well as lowered energy costs. This system has numerous advantages, enabling businesses to manage their energy with simple organisational changes which result in significant savings, without the need for any major investments. ISO 50001 does this in a manner that is systematic, goal-oriented, comprehensive and sustainable.
The advantages of this system are as follows:
- Transparent energy flows
- Continual improvement of energy performance, through the continual monitoring of energy flows.
- Evaluation of design and procurement practices relating to energy performance.
- Identifying potential energy saving opportunities through data analysis
- Reduction of energy costs as well as greenhouse gas emissions.
ISO 50001 has been hailed as highly efficient, as it requires organisations to demonstrate that they have improved their energy performance: a structured approach that increases the likelihood of organisations seeing tangible financial benefits. ISO 50001 is partly modelled on ISO 9001 and ISO 14001. ISO 9001 pertains to Quality Management Systems while ISO 14001 manages Environmental Management Systems.
ISO 50001 certification provides investors, stakeholders, employees and management confidence in the systems employed by the organisation and ensures that the organisation is making use of an efficient energy management system.
The latest version of this standard was published in August 2018.
To understand how you can promote and establish a more sustainable and energy efficient business model, contact DQS today.