Executive Briefings

Reducing Cost Continues to Be Top Driver Behind Corporate Sustainability Initiatives, Study Says

Cost remains the top driver of sustainability management initiatives, followed by regulations and investor/stakeholder pressure, according to Ecova's second annual survey, 2015 Energy and Sustainability Predictions: Findings from Leading Professionals.

The report aggregates findings from a survey of more than 500 energy, facility, finance and sustainability professionals at U.S.-based companies and reveals an important shift in the way companies are approaching and viewing energy and sustainability management.

While cost savings is still the no. 1 driver, this year’s survey results show professionals are taking a more strategic, long-term view. Fifty-two percent of respondents indicate their top priority for leveraging energy data in 2015 is to support strategic energy and sustainability initiatives and programs.

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The report aggregates findings from a survey of more than 500 energy, facility, finance and sustainability professionals at U.S.-based companies and reveals an important shift in the way companies are approaching and viewing energy and sustainability management.

While cost savings is still the no. 1 driver, this year’s survey results show professionals are taking a more strategic, long-term view. Fifty-two percent of respondents indicate their top priority for leveraging energy data in 2015 is to support strategic energy and sustainability initiatives and programs.

Read Full Article