Aside from being a mandatory scheme for qualifying organisations, the Energy Savings Opportunity Scheme (ESOS) presents a valuable opportunity to cut operating costs and carbon emissions, to help your business remain profitable and competitive.
What is ESOS?
Managed by regional Environment Agencies on behalf of the government, ESOS is designed to support businesses to reduce energy costs through decarbonisation. The scheme is mandatory for organisations that meet either one of the following criteria:
- 250 employees or larger
- Annual turnover exceeding £39 million and a balance sheet exceeding £33.5 million
Please note: If one subsidiary of a corporate group qualifies, then ESOS will apply to the entire group.
What are the benefits?
The scheme mandates large organisations to undertake energy efficiency audits during each phase of the scheme. These audits provide costed recommendation to save energy and money.
ESOS also requires eligible businesses to create and maintain an ESOS action plan, that not only encourages reductions to energy consumption, it also enables efficient and effective compliance that delivers a host of cost – saving benefits.
What are my obligations?
Qualifying organisations must produce a detailed report on their energy usage, along with an ESOS action plan and an annual progress report.
As the scheme is mandatory, the fines and penalties imposed on non-compliance or providing incorrect information are up to £90,000 so it is important to make sure that your ESOS compliance is handled correctly.
Why choose Envantage?
With the potential savings at stake – along with the risk of non-compliance, if things aren’t done right – it’s important to choose an experienced partner to help your business navigate the ESOS process.
Our approved ESOS lead assessors will work with your organisation to assist your understanding of the scheme and deliver your compliance with added value and full support.
You can be confident in our comprehensive approach and attention to the finer details. Not one Envantage customer has failed an Environment Agency audit, for ESOS or any other scheme.
You can also expect us to identify energy savings that work for your business and can be translated into valuable cuts in operating costs.
To find our how we can help you with ESOS, get in touch today
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With a keen strategic focus, Envantage began by helping Plastek to better understand its place within the global supply chain, how its behaviours affect carbon emissions and where there is most potential for improvement.
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