Energy efficiency is essential for achieving net zero
Severe climate change is impacting every part of the world. And with the UK’s promise of net zero carbon emissions by 2050 on the horizon, it is essential that businesses focus on a greener future.
7 April 2021
In the run up to COP26, governments are attempting to lead businesses down a carbon neutral route. A simple and effective approach to lowering carbon emissions lies in energy efficiency.
Energy efficiency has numerous environmental and economic benefits. Simply put, by using less energy, businesses can reduce their emissions as well as utility costs. This will play an important role in decarbonising the UK’s buildings and reducing our reliance on fossil fuels. From a corporate perspective, it also helps mitigate a business’s climate risks which will become vital in securing funding in the future. This makes energy efficiency an essential part of an organisation’s profitable path to net zero.
So, how can businesses become more energy efficient?
Invest in low carbon upgrades
Moving towards a greener future requires upgrades and renovation of current energy installations. For reducing waste and simple approaches can sometimes be the most effective. For instance, converting to LED bulbs can save up 80% more energy than using conventional light bulbs.
The global energy sector is responsible for two-thirds of the carbon emissions released into the atmosphere. To reduce these emissions there must be a larger focus on renewable energy and green initiatives. Updating equipment, installing smart meters or upgrading building insulation can make a huge impact on your business’ consumption rates.
These adjustments may seem small, but they can dramatically reduce consumption, lower costs and improve your impact on the environment. With a strong focus on rebuilding the economy following Covid-19, there will be more strain put on resources than ever before. It is for this reason that the government are urging businesses to recover sustainably.
Conduct regular reporting and monitoring
Conducting regular energy audits allows companies to understand key areas in which energy is being wasted. By cutting down on consumption, a business automatically cut down on costs as well. An energy audit assesses how much energy is being used in each sector of the business. This includes factors such as lighting, heating, water usage, air conditioning and electrical devices.
Carrying out audits, reducing usage and shopping around for alternative contracts are simple approaches that can have significant impacts. At Smith Bellerby we offer a number of services that can help cut out overheads, including audits and tailored procurement.
Complying with regulations
The way we consume energy is changing. With a heavier focus on renewables and a constant stream of new regulations, it can be difficult to stay ahead of the curve. However, complying with regulations ensures that a business is within the correct energy guidelines. Conducting audits allow you to see exactly where consumption can be reduced in order to remain compliant.
Refusing to comply with schemes such as ESOS may also see large businesses face substantial fines. In order to comply with ESOS businesses must conduct audits in which they review:
- Carbon and greenhouse reduction commitments
- Display energy certificates (DECs)
- Energy performance certificates (EPCs)
How can Smith Bellerby help?
Becoming energy efficient is vital in reaching net zero by 2050. At Smith Bellerby we are able to draw on our 20 years of experience in order to help you navigate complex compliance regulations. Our utility specialists will assess how to best reduce your consumption, lower costs and lessen your impact on the environment.
Reaching net zero emissions by 2050 can often seem like a daunting task, but Smith Bellerby are determined to lighten the load. We believe that the future is sustainable, and we are on hand to help businesses on their journey towards sustainability. Get in touch today to hear more on how we can help you towards a greener future.