Energy Saving Opportunity Scheme: a new mandatory energy assessment scheme for large undertakings
The Energy Saving Opportunities Scheme (ESOS) is the UK government’s implementation of a particular requirement of the Energy Efficiency Directive regarding energy audits. It requires energy assessments (including the identification of energy-saving opportunities) to be carried out every four years for large undertakings (and their corporate groups). It does not apply to the public sector. Participants must report compliance to the Environment Agency (as the scheme administrator). The Environment Agency will be publishing additional compliance guidance later on in 2014.
The qualification date for the first phase is 31 December 2014.
For ESOS purposes, a ‘large undertaking’ is one that either has 250 or more employees in the UK or one that has an annual turnover exceeding €50m (£40m) and a balance sheet exceeding €43m…
Click on the link below to read the rest of the Eversheds briefing.
News from Eversheds
News from The Lawyer
Briefings from Eversheds
The most important advantage of international arbitration is the enforceability of its result, as a deal is only as reliable as the mechanism by which it can be made legally enforceable.
The Court of Appeal decision in CLP Holding Company Ltd v Singh (1) Kaur (2) prompts consideration of a common oversight in dealing with dilapidations claims.
Analysis from The Lawyer
A new breed of lawyer is smoothing the path for companies entering emerging or unstable jurisdictions
‘Exotic’ investors and opportunities for legal work beyond M&A feature in The Lawyer’s high-level roundtable debate on south-east Europe