Monthly Archives: March 2012

ISO 50001 – What is it?

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ISO 50001:2011, Energy management Systems – Requirements with guidance for use, is a voluntary International Standard developed by ISO (International Organization for Standardization).

ISO 50001 gives organizations the requirements for energy management systems (EnMS).

ISO 50001 provides benefits for organizations large and small, in both public and private sectors, in manufacturing and services, in all regions of the world.

ISO 50001 will establish a framework for industrial plants; commercial, institutional, and governmental facilities; and entire organizations to manage energy. Targeting broad applicability across national economic sectors, it is estimated that the standard could influence up to 60 % of the world’s energy use.*

Here is a link for additional information on ISO 50001 http://www.iso.org/iso/iso_50001_energy.pdf.

Call us at 920-648-4134 to discuss how ISO 50001 can help your organization improve sustainability performance.

ECSI Appointed to US TAG 242 ISO 50001:2011

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We were recently honored with appointed to the United States Technical Advisory Group on to ISO 50001 – Energy Management Systems Standard. We are helping develop and represent the US position on important guidance that is currently under development and will be discussed by TC 242 in Dublin, Ireland April 30- May 4th.

Here Come the Bean Counters!

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Having lead hundreds of sustainability performance assurance engagements over the last several decades I admit bias but have seen first hand evidence that organizations exaggerate and in some cases misrepresent their sustainability performance. This is especially true when the marketing departments are tasked with the job of turning an organization green.

As non-financial sustainability performance information is relied upon to make important decisions about investment and other business relationships, assurance of organizations sustainability performance assertions will become more common. An important question is who will do this assurance work? Recognizing opportunity the financial accounting profession is hard at work tooling up to fill this emerging niche http://www.ifac.org/publications-resources/ifac-sustainability-framework-20

The confidences stakeholders can place in the results of an assurance engagement are directly proportional to the competence of those performing the audits. It will be interesting to see how the bean counters do at assessing environmental, health, safety and social performance as they endeavor to to learn the practice in this market.