The new international ISO 50001 Standard is expected to accelerate the adoption of energy efficiency practices.
Online PR News – 12-June-2011 – – A new international ISO standard that benchmarks energy management is about to be released. It has been called ISO 50001, and will establish a framework for industrial plants, commercial facilities or entire organizations to manage energy.
According to the International Organization for Standardization (ISO), ISO 50001 could influence 60% of the world's energy use, and is likely to further accelerate the adoption of energy efficiency practices, driving companies to continuously improve their energy performance. ISO says there is significant market demand for a global energy management standard, suggesting it will be adopted relatively quickly and widely.
Having an international ISO 50001 standard for managing energy use has numerous benefits: it enables benchmarking and a systematic roadmap to achieve energy savings, it helps document energy savings for legislative requirements, and helps drive supply chain initiatives. Also, being based on measurement and verification will help companies stay on track to meet their stated energy policies.
Energy is the third-largest expense for businesses -after employees and real estate- representing an average of 19% of total expenses and accounts for 75% of a company's carbon footprint.
The world's largest developer and publisher of international standards, the nonprofit International Organization for Standardization (ISO), constructed the standard, having developed key standards in almost every economic sector.
ISO standards are highly influential and often widely adopted. With more than 1 million certifications, ISO 9001 has become the global benchmark for quality management in corporations. The ISO 50001 standard has been designed to be compatible with existing ISO standards, including ISO 9001 (quality management) and ISO 14001(environmental management).
Like other ISO standards, ISO 50001 will be a voluntary system. ISO standards tend to quickly become de facto requirements as rapid uptake by competitors drives non-participating companies to adopt them as well.
The standards do not establish any requirements for energy performance - they are a framework for companies to establish their own benchmarks.