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27 Sep 2016

Anya Khalamayzer, GreenBiz

Commentary: Energy productivity is an easy, low-cost method for businesses to implement climate-friendly policies

"Is energy productivity the missing link for the Paris Accord?," 27 Sept 2016

Climate Week New York came to a close…What did the week’s events bode for the future as businesses and governments strive to reach climate goals set during last year’s United Nations’ COP21 climate talks?…Momentum is picking up around the new EP100 campaign…EP100 focuses on energy productivity…As EP100 grows and engages sectors and regions across the world, energy productivity may be…the resounding and easy-to-implement factor, that helps companies to easily implement climate-friendly policies…Jenny Chu, head of EP100 at the Climate Group, told GreenBiz…[c]ompanies can take low- or zero-cost measures immediately…[A]ccording to [Mahindra Group] CEO Anirban Ghosh…“Energy efficiency is money in the bank…Many energy efficiency projects have payback periods between two and three years…Being green doesn’t mean you have to sacrifice business returns.”…Companies signing up to efforts like EP100 are sending signals to the corporate sector at large, as well as shareholders, investors, and governments, that businesses are ambitious about climate goals…

[Also refers to Dalmia Cement, Danfoss Group, Covestro, Hongbo Group, and Johnson Controls.]