ISO 50001: Energy Cost Management Audits for Financial Operations

Objectives:

• Understand the ISO 50001 Energy Management Standard and its relevance to energy cost management.
• Learn to conduct energy audits to assess energy consumption and identify opportunities for cost reduction.
• Gain insights into the integration of energy management strategies into financial operations.
• Understand how to develop energy cost reduction plans and implement effective monitoring systems.
• Analyze energy data and interpret financial implications related to energy use.

Introduction to ISO 50001 and Energy Management

• Overview of ISO 50001: Purpose, structure, and requirements.
• The importance of energy management in financial operations.
• Key concepts: Energy performance, energy savings, and energy efficiency.
• Introduction to energy audits: Definitions and types of audits.
• Regulatory and compliance aspects related to energy use in organizations.

Conducting Energy Audits

• Step-by-step guide to performing an energy audit.
• Tools and techniques used in energy auditing.
• Identifying energy consumption patterns and inefficiencies.
• Assessing current energy use against industry standards and benchmarks.
• Understanding the role of financial data in evaluating energy performance.

Integration of Energy Management into Financial Operations

• Linking energy management with financial performance.
• Evaluating the financial impact of energy consumption.
• Developing cost-saving strategies through energy efficiency improvements.
• Understanding the return on investment (ROI) for energy-saving initiatives.
• Budgeting for energy costs: Forecasting and monitoring expenditures.

Developing and Implementing Energy Cost Reduction Plans

• Setting energy-saving targets and KPIs.
• Creating an energy management action plan based on audit findings.
• Identifying key areas for cost reduction and efficiency gains.
• Monitoring energy performance and cost savings over time.
• Reporting and communicating results to stakeholders.
• Ensuring continuous improvement and aligning energy management with financial objectives.

DATE:
1ST BATCH: 28thApr – 1st May, 2026
2ND BATCH: 18th- 21st Aug, 2026

3RD BATCH: 15th- 18th Dec, 2026