Businesses are ill-equipped and lack the IT systems needed for the Carbon Reduction Commitment (CRC) Energy Efficiency Scheme, despite the close for registration this week.
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A survey conducted by enterprise applications company, IFS, found 67% of 368 IT managers surveyed lack the software systems and applications needed to monitor its organisation's electricity, gas and static fuel use and provide the information required by the CRC scheme.
Warren Wilson, senior analyst at research firm, Ovum, said the lack of energy usage monitoring within organisations is a widespread problem that most companies have not yet tackled.
"Gaining visibility and management of [IT] systems is a challenge at its earliest stages of being addressed," said Wilson.
Suchitra Padmanabhan, Frost & Sullivan's programme manager for the European waste management market, added, "Environmental data is increasingly as important and sensitive as financial information and this information needs to be provided in an integrated format alongside the entire operation such that centralised, standardised reports are generated on a regular basis."
Organisations with a usage of more than 6,000MWh of electricity a year were required to register as part of the CRC scheme by the end 30th September or face fines of up to £45,000.