This EIU paper reviews the importance of implementing initiatives that reduce energy consumption or use energy more efficiently within business today and executive attitudes towards this issue.
- Almost half of respondents (49%) say that in the past three years, energy efficiency programmes have improved their company’s bottom line.
- While the cost-cutting angle is easily measurable, the intangible benefits to be gained from energy efficiency, while less easy to quantify, could be a significant source of business advantage.
- There are risks, too, in holding back from implementing energy-efficiency initiatives.
- Most businesses see energy efficiency becoming increasingly important, but are struggling with implementation.
- Few businesses are looking to their suppliers in evaluating policies.
- Not only do companies not rate their own performance highly, but there appears to be a notable disconnect between the perspective of the C-suite and less senior managers.