This paper aims to advance in the knowledge of the economic impacts of ISO 50001 certification on firms’ performance. The study hypothesizes that ISO 50001 is associated with improvements in market value of firms. We employ, on one hand, event study methodology for a sample of 40 companies listed on different stock exchanges. On the other hand, we use market reaction to the announcement of ISO ...

Purpose: The main aim of this paper is to analyze the relationships between the corporate motivations that lead organizations to establish the ISO 50001 Energy Management System (EnMS) standard, and the difficulties and benefits derived from its adoption. Design/methodology/approach: Three independent exploratory factor analyses (EFA) were conducted in order to identify (i) sources of motivatio...

ISO 50001: 2011 provides an integrated and systematic framework to plan, implement, operate, certify, and maintain energy management systems (EMSs). Evaluation of organizations in relation to meeting the standard requirements is performed by an auditing qualitative approach. In this research, a quantitative approach has been proposed and implemented to assess organizations and rank them based o...

This paper describes an innovative energy management methodology to support intelligent decision-making that ensures both energy efficiency and savings. At the core is the EC VERYSchool project, a result-oriented and industry led and market driven project co-funded by the European Commission under the Competitiveness and Innovation Programme (CIP-ICT-PSP 2011). VERYSchool demonstrated how an ef...

The paper addresses the issue of an efficient implementation and utilization of new management system parts into an existing landscape of standardized management system on the example of the integration of an energy management system (ISO 50001) into a quality management system (ISO 9001) and an environmental management system (ISO 14001). Therefore we conduct a comparative analysis of the ISO ...

HIGHLIGHTS Proposition of a set technical and managerial actions for an energy management system. A Delphi study with Brazilian PhD specialist academia industry referendum. Approaches based on ISO 50001 ANSI/MSE 2000.