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Energy saving policy

30th January 2008 5 Comments

“Do companies have an “Energy Saving Policy” in place – or any internal guidance contained in other company policies regarding the application of power saving techniques – the details of which they are willing to share?”

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  1. FTSE 250 said

    30th January 2008 at 12:00 am

    I agree with earlier comments that an energy policy needs to be rooted in cost savings to get the management buyin that any policy needs to be implemented. I have not got any specific policy wording to share, but it may help to look from the other end: what are the things to be reduced by how much? With s417 of the new Companies Act coming into force all listed companies will be looking to see what they can say in their next annual report about environmental matters. On the technical side Defra guidelines at :http://www.defra.gov.uk/environment/business/envrp/pdf/envkpi-guidelines.pdf, include all sorts of KPI suggestions, which I appreciate are neither user-friendly nor rooted in everyday, implementable language.

    • EX LISTED said

      30th January 2008 at 12:00 am

      We have a proactive environmental policy which includes energy savings policies. This is partially driven by the rrequirements of our Royal Warrant status for the Prince of Wales but I absolutely agree that cost saving will always be a primary driver for such policies. management buy in must be obtained. We use our Environmental Committee to promote energy saving initiatives – the committee consists of volunteers from the business (inc senior management) and is endorsed by our Chief Executive.

      I can also confirm that agencies such as Envirowise and the Carbon Trust provide help and support (free !).

      • FTSE 250 said

        30th January 2008 at 12:00 am

        We have a very active energy saving/carbon reduction programme, but didn’t start with preparing a policy. Instead, we looked first at what opportunities we had for reduction based on our particular business model and profile of use. We were greatly assisted in this by some consultancy input we received through the Carbon Trust. We were able to obtain that consultancy advice free of charge based on our level of energy expenditure (and therefore contributions under the climate change levy). The Carbon Trust advisers were able to give us a lot of good ideas on areas of potential savings and we then defined our programme/policies to address those areas.

        • FTSE SMALL CAP said

          30th January 2008 at 12:00 am

          We do not have such a policy. However, having previously worked in a large utility company where such CSR issues were significant perhaps I could offer the following tips:
          – policies and practices should only be introduced where they demonstarbly support the business. If not, there is no management buy in and tthings simply do not happen;
          – in the example here what the business is actually seeking to do is reduce costs and improve/protect margin.

          • FTSE SMALL CAP said

            30th January 2008 at 12:00 am

            We do not have such a policy. However, having previously worked in a large utility company where such CSR issues were significant perhaps I could offer the following tips:
            – policies and practices should only be introduced where they demonstarbly support the business. If not, there is no management buy in and tthings simply do not happen;
            – in the example here what the business is actually seeking to do is reduce costs and improve/protect margin.

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