subject: Seeing The Return On Investment With Iso 50001 [print this page] The first step when it comes to implementing ISO 50001 into your organisation is to convince your management that it is actually worthwhile. It is one thing looking at the benefits that multiple certification bodies and articles boast about but is it really worthwhile? Any ISO certification is an investment as they are not only an extra cost but it also takes up a certain amount of management and staff time to implement to begin with. So, how can you see the return on investment on an ISO 50001 certification?
First of all it is important to know just what effect an ISO 50001 certification will have on your business. The ISO 50001 is an internationally recognised standard for energy management, helping organisations to manage their energy waste and consumption a current hot topic for numerous reasons.
The environment is something currently high on the agenda in the media and the profile of the current issues is constantly rising, meaning that it is increasing in importance for everyone and there are more and more people who are aware that if we do not start to keep our activities in check, there are going to be further problems later down the line. With an ISO 50001 certification you are showing that you are actively going out and doing something about the issue, trying your best to make a difference to the world we live in, which, if marketed correctly will undoubtedly show you returns in the way of new sales leads from those who agree with your policies. This is one way which you will see returns on your ISO 50001 certification externally but there are also ways that you can help your profits to rise internally by way of savings.
An ISO 50001 certification carefully looks at all aspects of how you use energy in your corporation, and there will be areas in which you are wasting energy, even if you arent aware of it. OFGEM are warning us of continuing energy prices and this trend isnt likely to buck any time soon, so the less energy you waste the more you will save, and any saving will amount to a higher profit. These savings will also effectively cancel out the cost of the ISO 50001 certification in the first place, wiping the slate clean for any extra savings to be made.