Why Complying with ESOS Can Benefit Your Organisation

Why Complying with ESOS Can Benefit Your Organisation

ESOS mandates nearly 10,000 organisations in the UK to establish opportunities for savings in energy by complying with the legislation organisations can derive numerous benefits.

What is ESOS?

If your business employs more than 250 employees or has a turnover and balance sheet exceeding €50 million and €43 million respectively, then you will be required to comply with the Energy Savings Opportunity Scheme (ESOS).

If you have heard of ESOS, you may be thinking phase 2 has passed and phase 3 is not for a few years, however numerous companies have been recognised to have not complied with phase 2. These companies will have received a letter from the environmental agency who are giving organisations until March 2021 to comply with Phase 2 of ESOS.

Its also never too early to start thinking about securing your ESOS Lead Assessor for Phase 3!

What are the benefits of ESOS?

Many organisations may not realise that ESOS can provide their organisation with numerous benefits. If your organisation complies with ESOS, you have the potential to reduce your energy consumption and carbon emissions, which will result in cost savings if you implement the recommendations. The net positive benefit to the UK of ESOS is predicted to be between £0.8bn and £3bn between 2015 and 2030.

By ensuring you comply with the legislation, you can also avoid fines of up to £50,000 for non-compliance.

Where can I seek ESOS advice? 

To find out if you qualify for ESOS or to get further information on ESOS from us here at Compliance365, visit http://compliance365.co.uk/legal-compliance/esos/

Alternatively, drop an email to info@compliance365.co.uk or phone 01924 669940.

How can I ensure my organisation is compliant?

To ensure your organisation is compliant, you must submit your organisational structure, your total energy consumption for 12 months, individual energy audits on your property portfolio, fleet & industrial processes and an evidence pack, allowing the environment agency to audit your submission. This must be signed off by a Lead Assessor.

Where do you see yourself in 12 months? Only just thinking about ESOS and panicking that the deadline is approaching, or relaxed as it has been left with your ESOS assessor and they are crossing the T’s and dotting the I’s for you?