Our world now faces two particularly important trends: rising fossil fuel prices and climate change concerns. Both create strong incentives for energy conservation and are fueling interest in energy conservation solutions. We have so far only seen the beginning of the global focus on these areas.
TAC, a Schneider Electric Company and provider of open, integrated systems for building automation, aims to deliver energy services to our customers in ways that will reduce energy consumption -- which helps the planet -- and lower energy expenses to help the customer’s bottom line. But to be a global leader in energy management, we must first have an energy culture within TAC.
TAC is working on a number of initiatives right now to create that energy culture:
Educating our employees
When the monthly utility bill comes, the CFO simply sees is another bill to be paid. Energy is just another operating expense...or is it?
An increasing number of international companies are measuring performance on a triple bottom line of organizational success, environmental success and economic success, and finding that adding social and environmental actions to daily practices can deliver a significant return on investment.
When it comes to understanding the true impact of energy and the environment, only limited data is available to CFOs. They still need that data translated into information to make informed decisions about their business.
CFOs who are determined to truly understand and reduce environmental costs of their business can take a huge step in that direction by