Understanding the Energy Management Maturity of Companies in Singapore

August 26, 2013 by  
Filed under Insights

Singapore’s Energy Conservation Act, which came into force on April 22 this year, requires companies to take steps toward managing their energy consumption and improving energy efficiency.

In light of this new legislation, Accenture, with support from the National Environment Agency, conducted a qualitative survey of 100 energy intensive companies in Singapore, with the aim of assessing the maturity of enterprise energy management practices.

The findings are now published in a report, Driving Energy Management Transformation: A study on energy management maturity of companies in Singapore.

Feature Finding: People-centred components of energy management are less mature

The key finding from the report identifies that most organisations in Singapore are relatively less mature in the ‘softer’ people-centric aspects of energy management in comparison to their technological capabilities. These include organisational structure, defining roles and responsibilities, aligning rewards and incentives, and managing skills and training. Read more

Summary of Mandatory Energy Management Under Singapore’s Energy Conservation Act

April 22, 2013 by  
Filed under Insights

The requirements for mandatory energy management under Singapore’s new Energy Conservation Act has come into force this Earth Day on 22 April 2013.

The Act requires large energy consuming companies to register with the National Environment Agency (NEA) and implement mandatory energy management practices. Companies are required to appoint an energy manager, monitor and report energy use and greenhouse gas emissions, and submit annual energy efficiency improvement plans. Read more