WASTE & SUSTAINABILITY
of €50m and a balance sheet in excess of €43m, participation is mandatory.
“Businesses taking shortcuts
in their approach to complying with the new framework could face missing out on cost-saving benefits, or even a financial penalty.”
Eligible organisations need to calculate their total energy consumption for a 12-month period, including not only all energy sources used within premises, but transportation too.
90% of the total energy consumption then needs to be subject to representative energy audit – a time consuming process, underlining the need for early action.
The sum of the total energy consumption and the results of the energy audits then need to be presented at board level
within the organisation and compliance then needs to be lodged with the Environment Agency by 5th
December 2019.
Energy cost reductions go straight to the bottom line, whilst the associated reduction in CO2 emissions brings with it significant reputational benefit.
Given the continuous increase in non-commodity costs, now accounting for more than 50% of an energy bill, consumption reduction represents the only means to mitigate exposure and ESOS provides the ideal opportunity to do just that.
Consequently, adopting a lowest-cost-possible, tick-box approach to compliance with ESOS Phase 2 does not represent value in the longer term.
Businesses taking shortcuts in their approach to complying with the new framework could face missing out on cost-saving benefits, or even a financial penalty.
Adopting a diligent approach to ESOS compliance and to the new SECR legislation may outwardly be viewed as costly and time-consuming, but it can actually deliver real value to businesses in the care sector.
By introducing processes within your business, these new legislations should just become a regular part of your energy assessment.
www.kinectenergy.com/en
twitter.com/TomorrowsCare
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