CDP S&P 500 Report 2011 – Strategic Advantage Through Climate Change Action
To reduce energy costs, S&P 500 companies have been examining their energy or carbon footprints across their global value chains, including how suppliers, internal operations, and consumers use the company’s products and services.
“All of GE’s industrial businesses conducted emissions reduction projects during 2010. 238 projects were completed that saved just over US$7 million with an overall payback period of 1.47 years. An additional 75 projects were identified but are still being explored. The types of projects that were completed ranged from new technologies, to enhancing the efficiency of existing equipment, to engaging employees in energy conservation efforts. Discrete projects included implementing alternative sources of fuel, upgrading or closing buildings, improving electrical distribution efficiency, implementing heat recovery solutions, optimizing industrial gas use, enhancing steam system recovery efforts, installing solar panels, and driving employee engagement and awareness efforts, among many others.” General Electric
“Marriott set an aggressive goal in 2007 to reduce energy and water consumption by 25% per available room from 2007 levels by 2017. Since that time, Marriott has implemented linen and towel reuse practices; replaced more than 28,000 PTAC guestroom air conditioning units for a 20% reduction in energy use; replaced more than 1,700 heat pumps with units that are 16% more energy efficient; and installed over 18,000 electronic digital thermostats with motion detection, yielding another 15% in energy use improvement. We also adopted new standards for roof replacements in our full-service hotels that call for extra insulation, thus reducing roof thermal load by at least 25% when a new roof is installed and replaced 450,000 light bulbs with fluorescent lighting.” Marriott International
“In 2009, Praxair voluntarily started collecting environmental key performance indicators (EKPIs) being saved in productivity projects. In 2010, some 8% of projects were tagged “sustainable development” resulting in savings of US$32.9 million, including 278,000 metric tonnes CO2-e (Scopes 1 & 2 GHG savings). Going forward, this process will be embedded in our productivity organization and environmental targets, including Scopes 1 & 2 (direct GHG and energy) reduction targets, established for each business and overall. In addition to reporting these savings, we feel this information will start to add real value in the short and long term as we look for new ways to reduce costs and improve our environmental impact. Moreover, no additional investment was required as this work was accomplished with existing resources.” Praxair
“Our underground refrigerated storage facility is built into the natural limestone caves at Springfield, Missouri. Not only do the naturally cool caves require 65% less energy than conventional storage facilities, their large size and central location enable us to consolidate inventory and transport our products to our customers more efficiently. That’s an annual savings of 680,000 liters (180,000 gallons) of fuel, 1,800 metric tonnes (4 million pounds) of carbon dioxide emissions and more than 1.6 million kilometers (one million miles) of truck travel.” Kraft Foods
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