Big Companies Save $1 billion with Renewable Energy

July 29, 2014

 

A report put out by environmental think tank Ceres, the lobby group WWF, David Gardiner and Associates and Calvert Investments stated that major companies in the Fortune 500 list are collectively saving US$1.1 billion every year by using renewable energy.

 

Some of the companies are saving hundreds of millions of dollars per year by taking advantage of renewable energy.

 

Here are some of the companies and their annual savings:

  • UPS ($200 million)
  • Cisco Systems ($151 million)
  • PepsiCo ($120 million)
  • United Continental ($104 million)
  • General Motors ($73 million)

 

 

The report also stated that, as of last year, AT&T has installed 11MW of renewable energy. Hewlett-Packard purchased 13 per cent of its electricity from renewable sources in 2012, while IBM saved about $477 million from efforts to conserve energy.

 

The report also concluded that Wal-Mart and Dell could save about $1 billion each through similar efforts.

 

Bennett Freeman, a sustainability research and policy executive at Calvert said, “Setting and meeting renewable energy targets helps companies and their shareholders to address clear risks and seize concrete opportunities.”

 

The same companies listed above have also reduced their carbon dioxide (CO2) emissions by 58.3 million tons, which is equal to retiring about 15 coal-fired power plants.

 

To learn what energy efficient options are available for your business or facility, Call our office today to arrange a complimentary facilities audit with an energy savings expert at 913.310.0705. There are numerous ways to start saving money and have a positive impact on the environment at the same time.

 

Source: Eco News

 

 

renewable energy

What Our Clients are Saying

  • “Since the installation we cannot say enough great things about [the] company. Not only were installers professional and efficient, but there was no interference with our day to day production during installation. We immediately have noticed a savings in our energy bills.”
    -Justin Kelly, Tompkins Industries Inc.
    Learn More
  • “Worldwide Energy was very professional through the whole process. They handled everything from start to finish. I would highly recommend Worldwide Energy to anyone looking to improve their lighting and control utility costs. They take care of everything, it’s easy.”
    -Shawn Wakeman, Frank Ancona Honda
    Learn More
  • “Our project was completed in a timely manner with excellent results. All changes requested were completed and the crew was willing to do whatever it took to make us happy.”
    -Bill Keefer, Westlake Ace Hardware
    Learn More
  • “After considering several companies, we selected Worldwide Energy to do our lighting retrofit, primarily because their proposal was total turnkey and provided the most complete level of service.”
    -Mike Gonnerman, ROM Corporation
    Learn More
Ⓒ 2022 Worldwide Energy

Stay up to date with us

apartmentuserscrossmenucheckmark-circle linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram