- News -
Published August 25, 2022
The Department for Business, Energy and Industrial Strategy (BEIS) is to increase the number of businesses that must comply with the Energy Savings Opportunity Scheme (ESOS).
The increase was announced in BEIS’ response to a consultation on strengthening ESOS. BEIS will require ESOS qualification thresholds to be brought in line with those of SECR by Phase 4. This means thousands of additional businesses will fall within the scope of ESOS compliance.
Some of the changes announced by BEIS are expected to be implemented in advance of the current Phase 3 compliance deadline (05 December 2023), and others in Phase 4 (05 December 2027).
The key changes to be aware of are:
The addition of a net zero element to ESOS audits will not become a requirement until Phase 4. However, BEIS is currently working with BSI on the production of a new net zero audit PAS standard, which will enable ESOS participants to implement the proposal in Phase 3 on a voluntary basis.
“Now, more than ever, it is crucial to secure a qualified ESOS lead assessor to guide your business through the evolving compliance process and to guarantee compliance ahead of the Phase 3 deadline,” said Gianluigi Corbani, Head of Sustainability and Asset Management, Alfa Energy Group. Get ahead by being prepared and reap the rewards.”
Although the deadline for Phase 3 ESOS is December 2023, companies can start collecting the 12 months’ energy data from 01 January 2022.
LEAD assessors are in high demand, and particularly as you get closer to the deadline, so we recommend:
With energy prices at record highs and growing stakeholder demands surrounding ESG, getting ahead with ESOS Phase 3 and acting upon the recommendations could alleviate some of these pressures.
In addition, getting prepared means you can consider combining ESOS compliance with other mandatory and voluntary schemes (such as SECR, ISO5001 and SBTi) or indeed a net zero strategy, which will streamline processes and lead to cost savings.