Potential cost savings drive energy-efficiency efforts

Palatine, Ill. -- An overwhelming number (88%) of executives admit to a “moral responsibility” beyond regulatory requirement to make their companies more energy efficient, according to a recent poll of senior executives at Fortune 1000 companies. At the same time, however, 61% of respondents rank potential cost-savings as biggest motivator to save energy at the enterprise-level, outranking both environmental benefits and government regulations.

The survey, by Harris Interactive for Schneider Electric, revealed that while three-quarters of all executives reported the importance of saving energy increased in their organizations over the past two years, the bottom line still prevails when making decisions to implement enterprise-wide programs. The executives who cited potential savings as the key driver for sustainability said that their companies would be motivated to use less if there was an energy-management solution that could save them money.

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