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2012, May 22

The Frugal Manufacturer: Using Energy Sparingly

The Frugal Manufacturer: Using Energy Sparingly

by Economist Intelligence Unit, 12 October 2011
topics:
Management
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This EIU report discusses how companies can promote long-term financial growth by managing energy efficiency in their manufacturing processes.

 

Businesses are facing a future of constraints, including restricted access to energy, and curbs on carbon dioxide emissions. As such, improving industrial energy efficiency is no longer optional—but a clear pre-requisite for long-term financial growth. Those companies that do not address industrial energy efficiency are likely to find that their long-term financial performance will be negatively affected; meanwhile, those firms that seek continuous improvement in energy efficiency are likely to steal a march over competitors.

 

Key findings:

  • Industry executives say improvements in energy efficiency will be critical to their businesses. 
  • Above all, companies look for financial returns from their investments in energy efficiency.
  • Although companies see energy efficiency as critical to their businesses, only a minority actually take action to improve efficiency.
  • This gap between awareness and action is caused largely by lack of information.
  • Leading firms are overcoming some of these obstacles, however.
  • New regulations will intensify pressure on companies to improve energy efficiency. 
  • Improvements will come from existing technologies—and from process innovations.
     
Orignal Author: 
Economist Intelligence Unit
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Submitted by MAMA MIA on 20 January 2012 - 10:54pm

Conserving energy and sustainability plans seem to have become very important discussions for any type of business. I would like to recommend thinking about natural gas investments. What do you think about that?

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