Energy Savings Opportunity Scheme (ESOS)
4th November 2014
The Energy Savings Opportunity Scheme (ESOS) is the U.K. implementation of the European Union 2012 Energy Efficiency Directive, Article 8.
Does your business need to comply?
The ESOS regulations define a large ‘undertaking’ as an organisation that carries out a trade or a business, which includes any corporate group where one or more members of the U.K. group meets the ESOS definition of a large undertaking. An organisation is considered a large undertaking if it:
- Employs 250 or more people; OR
- Employs fewer than 250 people, but has an annual turnover in excess of €50 million (~£40 million) and an annual balance sheet in excess of €43 million (~£34 million); OR
- Is a part of a group that includes at least one entity that meets either of the criteria above.
Click here to read an overview of the compliance requirements and understand how Mabbett can assist.