Slashdot Mirror

← Back to Stories (view on slashdot.org)

Renewable Energy Saves Fortune 100 Companies $1.1B Annually

Posted by Soulskill on from the powered-by-hamsters dept.

Lucas123 writes: A new report authored by several environmental groups say data shows more than half of Fortune 100 companies collectively saved more than $1.1B annually by reducing carbon emissions and rolling out renewable energy projects. According to the report, 43% of Fortune 500 companies, or 215 in all, have also set targets in one of three categories: greenhouse gas reduction, energy efficiency and renewable energy. When narrowed to just the Fortune 100, 60% of the companies have set the same clean energy goals. Some of the companies leading the industry in annual clean energy savings include UPS ($200M), Cisco ($151M), PepsiCo ($121M) and United Continental ($104M).

5 of 116 comments (clear)

  1. Saved? by Anonymous Coward · · Score: 5, Insightful

    How much of that "savings" is tax breaks/subsidies?

  2. Re:So... how much did they spend to get this savin by Anonymous Coward · · Score: 4, Insightful

    These companies would not stay in business for long if it wasn't saving them more than it was costing them. Put the tinfoil hat away.

  3. Re:So... how much did they spend to get this savin by TapeCutter · · Score: 4, Insightful

    Jebus do you people not understand the word "save"? In your example you have spent $80K. Aside from that some very effective measures don't even need capital expenditure, for example, the giant multi-national I work for has saved millions by implementing simple things such as getting people to turn their desktop off before going home, teleconferencing in preference to flying, etc. When you have 180K employees these two simple measures alone will add up to millions in savings.

    --
    And did you exchange a walk on part in the war for a lead role in a cage? - Pink Floyd.
  4. Re:Actual savings? by wiredlogic · · Score: 4, Insightful

    Most huge commercial operations are using fluorescent lighting in their facilities. Switching to LED en masse would entail a loss.

    --
    I am becoming gerund, destroyer of verbs.
  5. drops in the bucket by Anonymous Coward · · Score: 5, Insightful

    wtf is wrong with you people?

    its turns out that making modest cuts in energy consumption isn't that painful, saves some money,
    and may have longer term benefits

    maybe I can understand the 'saving the purple spotted toad is costing jobs damn liberals' attitude, but
    you guys have to piss on this? turning off the lights at night?

    god fucking forbid we didn't waste as much energy as possible. imagonna leave my truck running all night
    just to show i'm a true patriot

    assholes