HVAC Breaking News / News

Aug. 6, 2012: IBM Reports Its Energy Efficiency Program Saved $43 Million Last Year

ARMONK, N.Y. — IBM released its ninth annual Corporate Responsibility Report, in which the company reported significant results in energy conservation and data center energy efficiency last year. The company said it saved more than $43 million in electricity expenses and conserved 378,000 megawatt hours of electricity last year, enough to power almost 34,000 average U.S. homes for a year.

IBM said its energy conservation projects delivered savings equal to 7.4 percent of the company’s total energy use, significantly exceeding the annual goal of 3.5 percent. This was the result of an ongoing program involving 2,300 energy conservation projects at more than 364 IBM facilities around the world. The company said it will continue these conservation efforts and aim to eliminate 1.1 million megawatt hours of energy consumption by the end of 2012.

IBM said its long-term sustainability policies are paying off, literally. From 1990-2011, the company’s energy conservation efforts have avoided 5.8 billion kWh of electricity consumption, nearly 3.8 million metric tons of CO2 emissions, and saved the company $442 million.

“In order for sustainability to be more than a passing fad, it must be sustained over the long term,” said Wayne Balta, vice president of environmental affairs and product safety at IBM. “At IBM, environmental leadership is at the heart of our corporate values, and it shows in how we engage with clients, employees, and communities in our efforts to make the planet smarter. From the impact of our operations and products on the environment, to how we manage our global supply chain, environmental leadership is a strategic imperative, backed by the conviction that good environmental management makes good business sense.”

Publication date: 8/6/2012

Did you enjoy this article? Click here to subscribe to The NEWS Magazine

You must login or register in order to post a comment.

Multimedia

Videos

Image Galleries

2014 World Energy Engineering Congress

Scenes from the 2014 World Energy Engineering Congress in Washington, D.C.

Podcasts

NEWSMakers: Howard Weiss
Howard Weiss, executive vice president, HVAC Excellence stopped by The NEWS’ booth at the AHR Expo to discuss HVAC Excellence’s upcoming conference, networking opportunities at large expo’s, and much more. Posted on Feb. 27.
More Podcasts

ACHRNEWS

NEWS 02-23-15 cover

2015 February 23

Check out the weekly edition of The NEWS today!

Table Of Contents Subscribe

HVAC Trends

The NEWS regularly reports on HVAC industry trends in our weekly issues. What trends do you see?
View Results Poll Archive

HVACR INDUSTRY STORE

2015.jpg
2015 National Plumbing & HVAC Estimator

Every plumbing and HVAC estimator can use the cost estimates in this practical manual!

More Products

Clear Seas Research

 

Clear Seas ResearchWith access to over one million professionals and more than 60 industry-specific publications, Clear Seas Research offers relevant insights from those who know your industry best. Let us customize a market research solution that exceeds your marketing goals.

DON'T MISS A THING

Magazine image
 
Register today for complete access to ACHRNews.com. Get full access to the latest features, Extra Edition, and more.

STAY CONNECTED

facebook icontwitter iconyoutube iconLinkedIn i con