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New ISO 50001 Aims To Tackle The Energy Management Deficit

Date: 16 June 2011

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5 pages, 1 figure

EXECUTIVE SUMMARY

This report provides EH&S Directors, Heads of Facilities, Energy Directors and VPs of Sustainability with independent analysis of the new ISO 50001 standard. Verdantix finds that the new standard, released on June 15, 2011, seeks to establish an international, cross-industry framework for energy management within organizations. Through the inclusion of senior management and by using the ‘plan-do-check-act’ continuous improvement methodology, ISO 50001 will drive energy management up the corporate agenda and will encourage firms to think more strategically about energy management. Despite barriers to adoption such as cost of certification, arduous process change and financial constraints faced by firms, Verdantix analysis shows that ISO 50001 presents opportunities for a variety of industries that provide energy products and services.

TABLE OF CONTENTS

NEW ISO 50001 AIMS TO TACKLE THE ENERGY GOVERNANCE DEFICIT
Resource Constraints Will Limit Firms Striving For Certification
Implementing Firms Need to Engage Energy Product & Service Providers

TABLE OF FIGURES

Figure 1. ‘Plan-Do-Check-Act’ Continuous Improvement Methodology

COMPANIES MENTIONED

ABB, BASF, BSI, CarbonSystems, Cardinal Health, Deloitte, DQS-UL, EnerNOC, ENXSuite, Ernst & Young, Hara, Honeywell, HP, IHS, International Organization for Standardization, KPMG, Morgan Stanley, PepsiCo, ProcessMAP, PwC, Renault, SAP, Siemens, TÜV SÜD, Utilyx, Verisae, Wal-Mart