Financial assistance to help implement ISO 50001

To help implement ISO 50001 in industrial, commercial and institutional facilities, Natural Resources Canada (NRCan) provides cost-shared financial assistance of up to 50% of eligible project costs to a maximum of $40,000 per facility. The maximum contribution to an organization or group of affiliates is $200,000 per fiscal year (April 1 to March 31).

• The ISO 50001 Energy Management Systems Standard is an internationally recognized voluntary standard that gives organizations a structured framework to manage energy.
• Organizations that have implemented ISO 50001 have reduced energy costs and increased competitiveness while minimizing greenhouse gas (GHG) emissions and other environmental impacts. For example, Canadian industrial companies that have implemented ISO 50001 have achieved an average cumulative energy performance improvement of nearly 10% within the first two years. This has resulted in up to $2 million in annual energy cost savings for large Canadian companies.

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