Gaps in knowledge and understanding the benefits to businesses are stopping more firms from improving their energy management.
A recent survey by Siemens, The Green League: How Businesses are Reacting to the Green Agenda, found that there is still ‘much to do’ for businesses to realise the commercial and reputational benefits from energy management initiatives.
Though there is a great deal of work being undertaken across numerous business sectors, nearly half of organisations don’t know their current CO2 emission levels and a fifth of energy managers are unaware of what their organisation spends on energy each year.
Time and again companies are demonstrating that improving energy efficiency does improve commercial outlook and complying with environmental regulations helps their reputation, among staff, customers and investors. Doing nothing is no longer considered an option, despite the attitude coming from some firms.
Energy assessment of lighting was a popular choice
Better co-ordination and sharing knowledge throughout a business is essential to achieve the necessary investment (in terms of time and money), while collating and managing data provides the benchmarks to measure future progress.
The main motivation behind improving energy management was to reduce costs, to meet regulatory requirements and to ensure a good reputation. Three good reasons that will benefit businesses and establish the low-carbon economy required to meet CO2 emission reduction targets.