Energy Efficiency

Connecting the dots of Energy Efficiency Directive with sustainable finance reporting. The full potential unlocked.

Recommendation 2024/2002 issued by the European Commission provides guidance on implementing the Energy Efficiency Directive (EED) in harmony with the Corporate Sustainability Reporting Directive (CSRD) and Corporate Sustainability Due Diligence Directive (CSDDD). The recommendation emphasizes the integration of energy audits and energy management systems, the financing of energy efficiency, and reporting activities related to sustainability, which are now mandatory for many enterprises. Energy Efficiency Networks are encouraged, particularly for SMEs, to share experiences and expertise for enhanced efficiency and greenhouse gas emissions reduction. The recommendation highlights the monetization of non-energy benefits from energy efficiency measures, such as improved business performance and air quality, as well as the adoption of renewable energy sources. Energy performance contracts are also detailed, where payment is linked to actual energy savings, which can offer regulatory exemptions when aligned with the EED. ESRS reporting standards call for transparency in financial and sustainability performance, including energy. Reporting under EED must align with the ESRS, obliging companies to document energy consumption and efficiency measures' implementation rates in their annual reports. While Recommendation 2024/2002 does not explicitly connect with other directives, it prompts member states to consider the integration of EED requirements with obligations of CSRD and CSDDD during their transposition process. These complementary directives aim to enhance corporate sustainability reporting and due diligence across companies' activities and supply chains for sustainability purposes. The approach is iterative, encouraging continuity in compliance reporting and promoting the widespread adoption of energy efficiency and climate mitigation measures.

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Unlocking True Value: Why Multiple Benefits Are the Future of Energy Efficiency
Energy Efficiency

Unlocking True Value: Why Multiple Benefits Are the Future of Energy Efficiency

The M-Benefits project reveals that energy efficiency investments often overlook crucial benefits like product quality, operational risk reduction, and competitiveness. This gap persists despite clear profitability, as conventional appraisal methods focus narrowly on energy savings. The project provides tools, training, and case studies to help professionals communicate and leverage a project's full value, urging a shift to encompass strategic business outcomes, beyond mere technical improvements.

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Overcoming Barriers: How Article 11 of the Energy Efficiency Directive Is Driving Real Change Across Europe
Energy Efficiency

Overcoming Barriers: How Article 11 of the Energy Efficiency Directive Is Driving Real Change Across Europe

DEESME project enhances EU energy management via collaboration, clear communications and focusing on multiple benefits, addressing challenges SMEs face in compliance, audit quality, and recognizing wider advantages of energy efficiency beyond savings.

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Five Big Steps for a Smarter, Greener Europe: Rethinking National Energy Schemes
Energy Efficiency

Five Big Steps for a Smarter, Greener Europe: Rethinking National Energy Schemes

The DEESME project aims to simplify energy efficiency for European SMEs by providing practical national scheme recommendations that are user-centered, highlighting benefits, and making policy guidelines clear and accessible, alongside incentivizing benchmarking and carbon footprint tracking.

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Beyond Energy Savings: How European SMEs Are Leading the Way with the Multiple Benefits Approach
Energy Efficiency

Beyond Energy Savings: How European SMEs Are Leading the Way with the Multiple Benefits Approach

The DEESME project demonstrates how SMEs across Europe benefit from integrated energy audits by achieving energy savings and unlocking multiple business advantages, such as enhanced innovation, employee satisfaction, and resilience.

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Redefining Energy Audits: The DEESME Multiple Benefits Approach for European SMEs
Energy Efficiency

Redefining Energy Audits: The DEESME Multiple Benefits Approach for European SMEs

The DEESME Multiple Benefits Approach transforms energy audits for SMEs into a strategic business improvement tool, emphasizing productivity, sustainability, and employee wellbeing, beyond mere compliance. This innovative method fosters holistic benefits and equips future leaders to drive the energy transition.

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Energy Management Reinvented: How the Multiple Benefit Approach Is Transforming European SMEs
Energy Efficiency

Energy Management Reinvented: How the Multiple Benefit Approach Is Transforming European SMEs

The DEESME project promotes a Multiple Benefit approach, integrating energy efficiency with broader business goals in SMEs, aligning with EU sustainability policy and enhancing various non-energy aspects, such as safety and product quality.

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Unlocking Energy Efficiency in SMEs: Lessons from Seven European Projects
Energy Efficiency

Unlocking Energy Efficiency in SMEs: Lessons from Seven European Projects

Despite representing a significant portion of Europe's energy demand, most SMEs face challenges in adopting energy efficiency measures due to financial constraints, lack of knowledge, time pressures, and cultural inertia. However, research from seven European projects suggests that targeted training, energy audits, and collaboration can overcome these barriers, with the potential for substantial savings and competitiveness enhancements.

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Rethinking Energy Audits: How a Multiple Benefits Approach Empowers Sustainable Business
Energy Efficiency

Rethinking Energy Audits: How a Multiple Benefits Approach Empowers Sustainable Business

The DEESME project promotes a Multiple Benefits Approach to energy auditing, integrating energy efficiency with broader business strategies for small and medium-sized enterprises (SMEs), aiming to generate value across various organizational aspects, thus transforming compliance into strategic opportunity.

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Beyond Energy Savings: Unlocking the True Value of Energy Efficiency for Future Leaders
Energy Efficiency

Beyond Energy Savings: Unlocking the True Value of Energy Efficiency for Future Leaders

The M-Benefits research across 23 pilots identified 251 non-energy benefits (NEBs) of energy efficiency, quantifiable in 58% of cases, markedly increasing average internal rate of return and shortening payback periods, thereby underscoring their strategic business significance.

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