Fortune 500 Companies See Cost Savings From Energy Efficiency Projects

A report titled Power Forward 3.0 was published stating that “nearly half of all Fortune 500 companies are taking increasingly ambitious actions to reduce their greenhouse gas emissions and use more renewable energy” (Power Forward 3.0). This report was compiled by WWF, sustainability non-profit Ceres, Calver Research and Management, and the CDP. It focuses on how the largest companies in the United States are improving their bottom lines while taking action to increase their clean energy and energy efficiency efforts.

 

These actions are based on target goals set to reduce greenhouse gases, improve energy efficiency and increase renewable energy sourcing.

 

It was documented that of the 190 Fortune 500 companies included in the study:

 

  • 23 companies have gone so far as to say they want to be powered 100% by renewable energy. Leading companies like Apple have committed to using 100% renewable energy and are telling their consumers how committed they are to fighting climate change and the threat it poses to their business
  • 82 companies have set or committed to set goals in line with what science says is needed to avoid the worst impacts of climate change.
  • 10% of American’s largest companies have committed to power their operations with renewable energy, such as wind or solar, instead of with fossil fuels that drive global warming 
    (World Wild Life)

These investments are important for companies to make because they are benefiting the planet, but also benefiting the business. “Businesses are reaping bigger and bigger cost savings from energy efficiency projects they have implemented to meet their targets, with 190 companies collectively reporting $3.7[USD] billion in annual savings” in 2016 (Power Forward 3.0).

 

Financial savings is the most obvious benefit, but more and more companies are considering the impact these actions will have on their reputation. Steps towards energy efficiency reflect positively on a company from a public relations and marketing perspective.

 

See the full report

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COVID-19 Information for CIET Fall 2020 Training Calendar – CIET Goes Virtual!

Last Updated: June 19, 2020

 

CIET Goes Virtual!

With close to 25 virtual real-time courses offered since the beginning of the COVID-19 crisis under our belt, and based on feedback received from more than 300 participants, CIET is happy to inform that all public training sessions offered in the fall of 2020 will be delivered through virtual real-time classrooms.

This will allow everyone to continue accessing CIET training in a safe manner, which protects both our participants and our trainers, regardless of what happens in the fall. You can register for these virtual courses in confidence, knowing that they will provide the same quality of training that you expect from CIET. These real-time training sessions will be available to all participants across Canada.

 

REGISTER FOR VIRTUAL TRAINING TODAY!

 

You can find more information about CIET’s virtual training approach:


Through all these measures, CIET hopes to provide as much flexibility as possible to training participants while respecting its commitments to other participants, trainers and partners, as well as public health recommendations.

We thank you very much for your trust and collaboration and look forward to welcoming you in our virtual classrooms!

 

Best regards,

The CIET Team
info@cietcanada.com
647 255-3107