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Corporate boards are increasingly focusing on sustainability as shareholders, regulators, customers, and other stakeholders take action on this issue. While boards cannot be involved with all aspects of a company’s environmental initiatives, they can still influence their organizations to improve sustainability within the context of their board duties.
Corporate executives increasingly seek ways to improve sustainability, often because stakeholders such as investors and customers demand it. But the two sides do not have to be in opposition and only make changes when one side wins, such as through proxy voting.
Superior Energy Performance (SEP) is a program administered by the U.S. Department of Energy (DOE) that certifies industrial facilities’ implementation of the ISO 50001 standard and improved energy performance.
In order to improve corporate governance, boards need to consider implementing energy data analytics.
As companies look for ways to improve energy management to save money and boost sustainability, they can turn to standards such as ISO 50001 and Superior Energy Performance (SEP) that provide frameworks for increasing energy efficiency.
As utilities commit to building smart grids, they must examine the pros and cons of the technologies behind a core piece of network architecture: RF Mesh.
Energy is no longer just a fixed cost that your business incurs. By performing energy analytics, invaluable insights can be derived to inform operations, risk management, compliance, manufacturing, among other departments. As a result, organizations should look to incorporate analytics and energy services for businesses that connect usage and cost to the larger picture of business energy management as a competitive advantage.
Software as a Service (SaaS) solutions are still on the rise, with more companies choosing the flexibility and convenience of platforms hosted remotely by another company. While the market is maturing, the value of the SaaS industry is still expected to grow by 20% in 2017, finds Gartner.
Contrary to popular belief, the energy industry adage — the cheapest energy is the energy you don’t have to produce or use in the first place—may not be entirely accurate.
Too many companies treat energy usage as a fixed cost, despite the fact that it’s the largest operating expense in commercial office buildings, according to Energy Star. Yet anyone who’s paid a utility bill knows that the costs can vary dramatically, and ignoring what causes that volatility creates a risk that you’ll inadvertently exceed your energy budget plan.