Potential offtaker

The British Standards Institution (BSI)

www.bsigroup.com

Estimated electricity consumption

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Countries of production presence

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The British Standards Institution (BSI) is a leading global provider of standards, testing, certification, and training services. Established in 1901, BSI has been at the forefront of developing and promoting standards that help organizations improve their performance, manage risk, and achieve sustainable growth. With headquarters in London, UK, BSI operates in over 150 countries, serving a wide range of industries, including aerospace, automotive, construction, healthcare, and information technology.

As the world moves towards decarbonisation, BSI is playing a key role in helping organizations transition to a low-carbon economy. The company offers a range of services that support the development and implementation of sustainable practices, including carbon footprinting, energy management, and renewable energy certification. BSI's expertise in this area has been recognized by the UK government, which has appointed the company as the official standards body for the country's net-zero target.

One of the key services offered by BSI is corporate energy management. This involves helping organizations to identify and implement measures that reduce their energy consumption and carbon emissions. BSI's energy management system (EnMS) standard, ISO 50001, provides a framework for organizations to establish, implement, maintain, and improve their energy performance. By adopting ISO 50001, organizations can reduce their energy costs, enhance their reputation, and demonstrate their commitment to sustainability.

Another area of focus for BSI is corporate power purchase agreements (PPAs). PPAs are contracts between a renewable energy generator and a corporate buyer, whereby the buyer agrees to purchase a specified amount of renewable energy over a fixed period. PPAs are becoming increasingly popular among businesses looking to reduce their carbon footprint and secure a reliable, cost-effective source of renewable energy. BSI offers certification services for PPAs, which provide assurance to buyers and sellers that the agreement meets international standards for transparency, reliability, and sustainability.

Renewable energy certification is another important service offered by BSI. The company provides certification for a range of renewable energy technologies, including wind, solar, and biomass. BSI's certification schemes help to ensure that renewable energy projects are developed and operated in a sustainable manner, with a focus on environmental, social, and economic considerations. By certifying renewable energy projects, BSI is helping to increase the uptake of renewable energy and support the transition to a low-carbon economy.

In addition to its services related to decarbonisation, BSI also offers a range of other commercial support services. These include testing and certification of products, management systems, and supply chains, as well as training and consultancy services. BSI's expertise in these areas helps organizations to improve their quality, safety, and environmental performance, and to meet regulatory requirements.

Overall, The British Standards Institution (BSI) is a leading provider of standards, testing, certification, and training services, with a strong focus on decarbonisation and sustainability. The company's services related to corporate energy management, corporate PPAs, and renewable energy certification are helping organizations to transition to a low-carbon economy and reduce their environmental impact. With its global reach and reputation for excellence, BSI is well-positioned to support businesses and governments in achieving their sustainability goals.

✓ Science Based Targets member
✓ Declared Net Zero commitment