The Pew Center for Global Climate Change highlights why firms need to be proactive when it comes to finding ways to become energy efficient and should not wait for any regulation that will be compelled by the Environmental Protection Agency (EPA). In a recent report, the Center has concluded that there are a number of attitudinal and reputational advantages for such initiatives that lead to financial benefits.
Companies should start to consider some examples of energy efficiency should they wish to find ways of improving their market position. According to Pew, those companies that strive to reduce their greenhouse gas emissions as a core part of the business strategy benefited in many different ways. 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.
It is emphasized by the Pew Center for Global Climate Change that companies need to be proactive in seeking energy efficient practices, and need not wait for any EPA-imposed regulation to compel such. A recent report that was issued by the body offers a clearer picture. Companies which are studied by the Center has cited some important reputational, attitudinal, and financial benefits.
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. The federal government is actually supportive of retrofitting of already existing assets and appliances by providing financial grants for such initiatives.
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.