Energy is described as the amount of work that can be done by force. There are various forms of energy such as kinetic energy, potential energy, thermal energy, light energy, sound energy, and electromagnetic energy. As per the law of conservation of energy, it is neither created nor destroyed. In this modern era, energy became an integral part of our life. The life without energy is not at all possible nowadays. The energy is not offered at free of cost and it comes at an affordable prize. The generation of energy requires natural resources which are exhaust day by day. At the same time, the usage of energy is increasing exponentially. Managing and reducing energy consumption not only saves money but also helps in mitigating climate change and enhancing corporate reputation. The organizations can achieve appreciable energy reduction by adopting simple measures. This chapter discuss about the present scenario of energy, need for energy management, energy management program, and its various steps involved.