Can ISO 50001 certification benefit your organisation?

Here, we look at how ISO 50001 can help your business:
 
What is ISO 50001?
ISO 50001 is an internationally recognised energy management system developed by the International Organisation for Standardisation, an independent, non-government organisation that develops standards to ensure the quality, safety and efficiency of products, services and systems.
 
ISO says: “For organisations committed to addressing their impact, conserving resources and improving the bottom line through efficient energy management, we developed ISO 50001. Designed to support organisations in all sectors, it provides a practical way to improve energy use - helping to safeguard our future by making a positive difference in the here and now.”
 
How ISO 50001 can help you
Basically, ISO 50001 ensures your business has a healthy energy management system, helping to reduce consumption and environmental impact, and increase profitability.

• Cost: ISO 50001 helps you identify how your energy is being used and any wastage, enabling you to better manage and control your energy usage. This leads to less waste and more efficiency, greater cost savings, improved procurement procedures and also helps to reduce the impact of rising costs.
   
• Compliance: ISO 50001 ensures you comply with legal requirements when setting up the system and communicate relevant information to employees and interested parties. By adhering to improved levels of compliance, you reduce the likelihood of fines and prosecutions, may benefit from reduced insurance premiums and have plenty of time to address issues ahead of legislation changes.
   
• Risk management: by reducing your reliance on fossil fuel-based energy sources prone to price fluctuations and availability, you can achieve improved business and energy planning, and potentially re-invest savings into other areas of your business.
   
• Reputation: ISO 50001 certification demonstrates you are an ethical and credible organisation, committed to reducing your environmental impact and improving your sustainable development, reassuring stakeholders you have best practice systems in place. This increases the likelihood of repeat business and positively presents your business for tenders and investment opportunities, giving you access to new customers and business partners, new markets and opportunities to expand overseas.

Talk to NLIG
ISO 50001 can benefit your business in many ways, as identified above, and we thoroughly recommend you investigate certification. By reducing wastage and increasing efficiency, you can enhance the viability of your business, and with such checks and balances in place, you may well benefit from reduced insurance premiums.
 
To discuss any aspect of insurance for your business, please don’t hesitate to get in touch – our business is your protection. Call NLIG on 01992 703300, or email insurance@nlig.co.uk