Track: Sustainability

Abstract

ISO 50001 is a widely acknowledged energy management system that expedites the optimization of energy performance by reducing costs and CO₂ emissions for a sustainable future. Organizations worldwide are increasingly adopting ISO 50001 for sustainable energy practices. The goal of this study is to explore the benefits of implementing ISO 50001 as a strategic energy management framework, with a particular emphasis on case studies conducted with the winners of the Energy Management Leadership Award 2021-2023. This award facilitates global recognition for the leading organizations for their achievements in addressing energy management and climate challenges through ISO 50001 implementation. The result unfolds the benefits of ISO 50001 implementation, including improvements in energy efficiency, cost savings, reduction of CO₂ emissions, and global awareness regarding climate challenge. The insights from this study will support the business community and policymakers in realizing the exemplary impact of ISO 50001 in the pursuit of energy excellence and organizational success. The study will also enhance existing literature and contribute to upcoming research.