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    Importance of Energy Management: Reduces Carbon Emissions

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    AparnaHaridev
    Energy management is important for organizations for several reasons: it reduces costs through lower energy bills, reduces carbon emissions which is better for the environment and the organization's public image, and reduces the risks of energy price fluctuations or shortages. Effective energy management requires collecting and analyzing energy data and appointing an energy manager. It is also an integral part of carbon management and overall environmental management. Beyond financial benefits, energy management improves an organization's competitive position by demonstrating environmental responsibility and creates a better workplace.

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    Importance of Energy Management: Reduces Carbon Emissions

    Uploaded by

    AparnaHaridev
    30 views1 page
    Energy management is important for organizations for several reasons: it reduces costs through lower energy bills, reduces carbon emissions which is better for the environment and the organization's public image, and reduces the risks of energy price fluctuations or shortages. Effective energy management requires collecting and analyzing energy data and appointing an energy manager. It is also an integral part of carbon management and overall environmental management. Beyond financial benefits, energy management improves an organization's competitive position by demonstrating environmental responsibility and creates a better workplace.

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    Energy management

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    Energy Management

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    Energy management is important for organizations for several reasons: it reduces costs through lower energy bills, reduces carbon emissions which is better for the environment and the organization's public image, and reduces the risks of energy price fluctuations or shortages. Effective energy management requires collecting and analyzing energy data and appointing an energy manager. It is also an integral part of carbon management and overall environmental management. Beyond financial benefits, energy management improves an organization's competitive position by demonstrating environmental responsibility and creates a better workplace.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    30 views1 page

    Importance of Energy Management: Reduces Carbon Emissions

    Uploaded by

    AparnaHaridev
    Energy management is important for organizations for several reasons: it reduces costs through lower energy bills, reduces carbon emissions which is better for the environment and the organization's public image, and reduces the risks of energy price fluctuations or shortages. Effective energy management requires collecting and analyzing energy data and appointing an energy manager. It is also an integral part of carbon management and overall environmental management. Beyond financial benefits, energy management improves an organization's competitive position by demonstrating environmental responsibility and creates a better workplace.

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    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
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    Importance of Energy Management

    Energy should be regarded as a business cost, like raw material or labour. Companies can achieve
    substantial reduction in energy bills by implementing simple housekeeping measures. Reduction
    and control of energy usage is vital for an organization as it:
    Reduces costs: Reducing cost is the most compelling reason for saving energy. Most
    organisations can save up to 20% on their fuel cost by managing their energy use;
    Reduces carbon emissions: Reducing energy consumption also reduces carbon
    emissions and adverse environmental effects. Reducing your organisations carbon footprint
    helps build a green image thereby generating good business opportunities; and
    Reduce risk: Reducing energy use helps reduce risk of energy price fluctuations
    and supply shortages.
    Regulatory requirements aiming to reduce carbon emissions and energy use require accurate
    energy data collection and effective management systems. Good energy management practices
    are compliant with these requirements and help fulfil regulatory obligations. Businesses worldwide
    are showing interest in appointment of a formal/informal energy manager to coordinate energy
    management activities. The main task of an energy manager is to set up a system to collect,
    analyse and report on energy consumption and costs which may involve reading electricity meters
    regularly and analysis of utility bills.
    Carbon emissions from energy use dominate the total greenhouse gas emissions of most
    organisations. Sound energy management is rapidly emerging as an integral part of carbon
    management which in turn helps organisations in effective overall environmental management. In
    addition to financial benefits, energy management has other significant advantages for an
    organisation such as:
    Organisations achieve stronger market position by demonstrating green
    credentials. Energy management improves competitive advantage as most consumers prefer to
    source from socially responsible businesses;
    Organisations adopting energy management systems can influence supply chains by
    preferring suppliers who adopt environment management practices; and
    Energy management creates a better workplace environment for employees by
    improving working conditions.

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