Companies are not succulently communicating their sustainability performance to investors, colleagues nor the public and not linking this performance to shareholder value. Much like a new swimmer jumping off dock and no way to get our of the river. However, stronger internal engagement between functional groups, business operations, procurement and investor relations/executives or Board can drive sustainability/ESG strategy. Companies often begin this trek by over communicating un-sustainable promises or ones with hollow value (better known
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Veritatis Insights considers the economic rebound principal known as 'Jevons Paradox' as it applies to a widely known product, Scottish Whiskey. Scotlands fine whiskey industry is an example of the consumption and manufacturing cycle described herein. We can consider the implications to energy and resource efficiency, waste production and by-products as a CEO or Board of Directors. Legend credits Irish monks with whiskey’s invention. Traveling in the Middle East during the Crusades, they realized the copper
Read moreOrganizations spend a lot of money deploying energy efficiency systems and “tuning” buildings to peak efficiency. These, of course, are good steps to take. In a sense, though, they are just the beginning. Source: Are You Sure Your Building Is Running
Read moreUsing a combination of behavioral and product engineering process modifications, Arby's publicly steps into the limelight for recognition, well deserved. Article from Energy Manager Today - Arby’s Restaurant Group said that as of the end of last year it achieved a 15.2 percent energy reduction at its company-owned restaurants as measured against a 2011 baseline. The chain, in the story at Restaurant.News.com, also reduced water use by 8.6 percent in the same timeframe. The company had pledged
Read moreExcellent Public Sector application of energy performance continual improvement. The Hartsfield-Jackson International Airport in Atlanta is the first in the United States to earn ISO 50001:2011 certification, according to AECOM. The certification is awarded for creating a “systematic framework to manage energy performance and drive continual improvement.” AECOM worked with the Department of Aviation (DOA) and Asset Management and Sustainability (AMS). Source: Atlanta Airport Earns ISO
Read moreWhy is energy efficiency not embedded in Wall Streets agenda? Let me share a story. A CEO of a large multi-national you and I know shared with me how much cash he was losing from various issues - a yet to be reported manager’s fraud, overpaying certain workers, and healthcare costs. These he recognized were “material issues”. As he contemplated his course of action, he knew not taking action was unacceptable to his Board, shareholders
Read moreThe "just don't tell the consumer" mantra is actually right on target. Humans inherently are greedy (as Gordon Gekko famously said) and as such, will consume more energy from more efficient devices and processes. Build efficiency into products and manufacturing processes as fast as we can. This will also improve institutional risk for improved
Read moreBrilliant cogeneration idea for sustainable power to many types of public energy consuming grid systems such as public buildings, lighting systems, traffic control, etc. What's more is the ability to retrofit decaying pipe systems in small steps keeps capital costs in check. Just think if a home scale version becomes
Read moreVeritatis Advisors Managing Director, Don Macdonald (formerly head of sustainability & energy of UL DQS) shares Lincoln Electric's ISO 50001 business case study he helped support, resulting in Lincoln achieving a 22% consumption decrease in 2013.
Read moreDOE issues rules to address continual energy performance. ‘‘Green building certification system criteria requiring a verification system for post-occupancy assessment of the rated buildings to demonstrate continued energy and water savings at least every four years after initial occupancy."
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