Everything News Jobs Opportunities Events Products/Services
Go to Home
Sign Up Sign in

The Low Carbon Economy Ltd

27 Feb 2009 05:02:07

Corporate energy efficiency boosted by recession

Corporate energy efficiency boosted by recession
Interest in cost saving energy efficiency measures is being boosted by the downturn in the economy, even as companies see climate change initiatives slipping down the agenda, according to a survey.

The study by the Economist Intelligence Unit revealed that almost three quarters of 538 executives polled said they would make energy efficiency a high or moderate priority over the next two years.

At the same time, 67 per cent said that they expected initiatives to combat climate change to receive less attention as a consequence of the global financial downturn.

Robin Bew, editorial director of the Economist Intelligence Unit, said: "This report shows that, although businesses will necessarily switch focus to survival mode, many firms are starting to embrace some of the short-term cost benefits of energy efficiency. A significant minority are also discovering longer-term business opportunities relating to climate change."

The survey also found that about half companies already had developed climate change strategies.

This figure was similar to the results of a survey by Zogby International for Cisco.

Some 54 per cent of respondents to the Cisco survey said they were likely to use technological solutions as part of their overall green strategy, while two thirds would consider using IT to manage energy consumption.



Discussion Thread  


Related Categories

Clicking a category below will direct you to a list of related information

Skip Navigation Links.

The Low Carbon Economy Ltd Community

Related Items From Everyone

  1. ATEX-compliant LED products launched for hazardous industry1 February 2012 - Managers of...

    01 Feb 2012
  2. Over the last decade Portugal has built a strong national economy around its rich wind power...

  3. The Algal Bowl Products & Services

    The Algal Bowl: overfertilization of the world's freshwaters and estuariesBy David W. Schindler...

  4. Carbon modelling services Products & Services

    How do you factor your carbon abatement strategy in to your business plan over the next two,...

  5. Electrocat Products & Services

    High-performance electric hot water cylinder. Supply all domestic hot water requirements.

Go To Home

Resource Links

We're social: View Available Feeds Find out more! Leave us your feedback


We appreciate all feedback. Please leave as much or as little as you like about any aspect of this website.

If your message requires a response, please leave your email address.