A recent report by the Pew Center for Global Climate Change places emphasis on the need for organizations to be proactive in doing energy efficient practices, with the conclusion that financial benefits are generated consequent to the positive attitude on energy use and good reputation. The Center emphasizes that companies need not wait for such initiatives to be imposed by the EPA, for their own benefit.
Organizations should consider examples of energy efficiency as they seek to improve their market position. Pew suggests that companies which have strived to reduce GHG emissions as an important part of their strategy have reaped cost savings and other consequent benefits. So long as clear goals were established and the system was set up to collect data and manage the outcome, clear results could be demonstrated.
The Pew Center for Global Climate Change underlines why organizations should be proactive when seeking energy efficiencies and not wait for federal legislation or regulation to be imposed by the EPA. A recent report that was issued by the body offers a clearer picture. Firms studied by the Center cited a number of significant benefits including financial, reputational and attitudinal.
As energy use can account for one of the largest costs in a business operation, cost savings on energy consumption can be a very hot topic in the board rooms. Decision makers in various organizations are finding energy efficiency examples are realizing that targets that are easy to achieve would actually result to financial savings which might be difficult to duplicate anywhere else.
Organizations are now seeking options for energy efficiency like ceiling insulation, having efficient doors and windows, installation of motion detectors, upgrading of lighting systems, among other energy efficiency examples, as a way to help generate savings through power use reduction which consequently helps curtail carbon emissions and.
Those who are taking early actions in their commitment to energy efficiency could also help in leading to maintenance cost reductions. These improvements, if communicated well to staff, lead to an uptick in morale. In short, the organization wins all the way down the line and can maneuver itself into a position to enhance its reputation.
Building stock typically lasts for an average of fifty years and many companies find themselves occupying buildings that are far from efficient. In this case, retrofitting of existing appliances and assets is the first priority and the federal government is making grants available to help finance these moves.
Companies must become more aware of the growing move toward carbon regulation. Carbon, being a byproduct of fossil fuel produced energy, is a direct contributor to global warming and the majority of scientists agree is responsible for accelerating climate change. By becoming more energy efficient, an organization can help to avoid any potential direct carbon taxation in the future.
There are many examples of energy efficiency in action and plenty of reasons for the typical organization to conform. Management must make sure that they are in possession of accurate and up-to-date information, generated in real-time, so that they can ensure that all assets are operating to peak efficiency, cutting back their raw energy costs to a minimum.