Navigating Energy Savings Opportunity Scheme (ESOS) Compliance
As businesses face increasing pressure to enhance energy efficiency and reduce carbon emissions, the Energy Savings Opportunity Scheme (ESOS) stands as a crucial framework for compliance. For companies seeking to navigate the complexities of ESOS and achieve compliance, Energy Oasis provides expert guidance and solutions tailored to your unique needs.
What is ESOS?
The Energy Savings Opportunity Scheme (ESOS) is a mandatory energy assessment scheme introduced by the UK government. It requires large organisations in the UK to undertake comprehensive assessments of their energy use and identify opportunities for improvement. ESOS aims to help businesses reduce energy consumption, lower operating costs, and contribute to the nation's broader sustainability goals.
Why ESOS Compliance Matters
Achieving ESOS compliance is not just about meeting regulatory requirements; it's about realising significant benefits for your business, including:
Cost Savings: Identifying areas of energy waste can lead to substantial cost reductions.
Enhanced Efficiency: Implementing energy-saving measures improves operational efficiency.
Sustainability Goals: Contributing to national and global sustainability targets enhances your company's reputation.
Competitive Advantage: Demonstrating commitment to energy efficiency can set you apart from competitors.
Qualification Criteria for ESOS
ESOS applies to large UK undertakings and their corporate groups. It mainly affects businesses but can also apply to not-for-profit bodies and other non-public sector undertakings that meet the qualification criteria. Your organization qualifies for the third compliance period (ESOS phase 3) if, on 31 December 2022, it met the ESOS definition of a large undertaking. This includes:
Employing 250 or more people, or
Having an annual turnover in excess of £44 million, and an annual balance sheet total in excess of £38 million.
Corporate groups qualify if at least one UK group member meets the ESOS definition of a large undertaking. Additionally, UK registered establishments of an overseas company need to comply with ESOS if any part of their global corporate group activities in the UK meets the qualifying criteria.
If your business is close to the qualification threshold or has experienced significant size fluctuations recently, consulting the full guidance on complying with ESOS is essential. This includes additional information on how to assess if you qualify. Notably, public sector organisations typically do not need to comply with ESOS. For more details on exemptions, refer to section 1.2 of the full guidance on complying with ESOS.
How Energy Oasis Supports ESOS Compliance
At Energy Oasis, we understand that navigating ESOS compliance can be daunting. That's why we offer streamlined solutions to help your business meet the requirements efficiently and effectively. Our approach includes:
Comprehensive Energy Audits: Our team conducts thorough energy assessments to identify areas for improvement.
Tailored Recommendations: We provide actionable insights and recommendations specific to your business.
Implementation Support: From planning to execution, we assist in implementing energy-saving measures.
Ongoing Monitoring: We ensure continuous improvement through regular monitoring and reporting.
Case Study: Streamlined ESOS Compliance for Enovert
Energy Oasis has a proven track record of helping businesses achieve ESOS compliance. One such example is our work with Enovert, a leading waste management company. Through our comprehensive energy audit and tailored recommendations, Enovert successfully met ESOS requirements and identified significant energy-saving opportunities. You can read more about this success story here.
Why Choose Energy Oasis?
Choosing Energy Oasis as your partner for ESOS compliance means entrusting your business to experts dedicated to your success. Our in-depth knowledge, tailored solutions, and commitment to excellence make us the ideal choice for businesses aiming to optimize energy use and achieve compliance seamlessly.
Get Started with ESOS Compliance Today
Don't wait to unlock the benefits of ESOS compliance. Contact Energy Oasis today to learn how we can support your business in achieving energy efficiency and compliance with ease. Contact Energy Oasis today to get started on your journey towards a more sustainable and efficient future.