Revenue growth for many companies in this current economic environment is very difficult. Enhanced margins can be achieved through energy reduction, which begins with corporate visibility and an empowered, corporate energy manager. by Paul Baier, Vice President of Sustainability Consulting, Groom Energy, and co-author of Enterprise Carbon Accounting. Read Paul’s blog, Practical Sustainability. Follow him […]
Using financial data from 1,833 firms with US revenues of more than $1 billion in 2008/09, independent analyst firm Verdantix finds that spending on 29 sustainability initiatives will grow from $28 billion in 2010 to $60 billion in 2014. Over the 2009 to 2014 period the US sustainable business market will experience a 19% compound annual growth rate. The sustainable business market forecast finds that growth of 11% in 2010 will increase to 16% in 2011 and 24% in 2012. Growth in spending is driven by improved economic growth, risk drivers, competitive dynamics, innovation diffusion, higher oil prices, state-level GHG regulations and renewable energy policies. The study covers all industries and all sustainability initiatives from energy efficiency to spending on strategy, risk and brand.
Our nation’s electricity infrastructure will be upgraded into an efficient, secure, reliable, adaptable machine! But the slow smart grid evolution will be achieved with smaller steps. What does short term smart grid future look like? Read on for current smart grid trends.
According to the report released by independent research firm, Verdantix, increasing oil and electricity prices, the hidden cost of carbon, growing risks from energy supply disruption and board-level climate change compliance issues make energy efficiency a new imperative for the CFO.
After a banner year in 2008 of investments directed to capital-intensive technologies like solar and wind, US venture capitalists backed away from that plan in 2009. So where are they putting their money now? Where the fastest payback is likely to be. New analysis shows a surge of investments in energy efficiency solutions—such as smart grid, and commercial and residential energy management.
carbon accounting softwareWhile other industries are sputtering along or even tanking, as a result of the global recession, the emerging Enterprise Carbon Accounting (ECA) software market is experience a phase of phenomenal growth. The number as providers has almost doubled, venture capital money is flowing freely and Groom Energy predicts that ECA software purchases will increase 600 percent by 2011
Verdantix, recently released a free report, that explains why the Chief Sustainability Officer (CSO) is needed, defines the role of the CSO, and provides a profile to guide the appointment of the CSO. It also explains why organizations face a climate change and sustainability management deficit, why fixing sustainability governance gains is becoming a major priority by a growing number of firms, how the CSO can spearhead business transformation, who the ideal candidate for the chief sustainability officer role is, and what are the three priority areas of domain expertise.
Yesterday, at the White House, President Obama announced the award of $2.3 billion in Recovery Act Advanced Energy Manufacturing Tax Credits for clean energy manufacturing projects across the United States. The 183 projects in 43 states will generate more than 17,000 high quality clean energy jobs and the domestic manufacturingof advanced clean energy technologies including solar, wind, and efficiency and energy management technologies. This investment will be matched by as much as $5.4 billion in private sector funding likely supporting up to 41,000 additional jobs.
