MOUNTAIN VIEW, Calif. - Based on its analysis of the green HVACR market, Frost & Sullivan has presented Lennox International Inc. (LII) with the 2009 North American Frost & Sullivan Award for Industry Innovation & Leadership of the Year. According to Frost & Sullivan, this is in recognition of the company’s pioneering technology, optimized product line, sound business strategy, and research and development initiatives.
“By carefully dissecting market, consumer, regulatory, and environmental trends, LII strategically positions its product offering to enable its value chain to take advantage of changing industry dynamics,” said Frost & Sullivan Industry Analyst Konkana Khaund. “Integrating renewable energy-based solutions into its product line, the company demonstrates total cost of ownership performance of its products to customers and consumers more effectively.”
Frost & Sullivan said LII’s commitment to environmental sustainability and designing a sustainable line of products is further enhanced by its internal greening initiatives. The company’s products are recognized within the industry and outside by leading associations and organizations. Perhaps the most significant among all recognitions, said Frost & Sullivan, is being the only HVAC company ever named Energy Star Manufacturing Partner of the Year by the U.S. Environmental Protection Agency (EPA) and U.S. Department of Energy (DOE), and earning that distinction four times.
LII ensures its representatives document energy savings, environmental impact, and total cost of ownership to customers so that they clearly understand payback and value from its products, Frost & Sullivan said. Its goal is that all its field application consultants, commercial consultants, and national account managers are certified as Leadership in Energy & Environmental Design (LEED) Accredited Professionals, a venture that is almost 80 percent accomplished.
LII also participates with governmental agencies, industry trade groups, and non-government offices to formalize energy practices that assist in the development of regionally attuned regulatory standards.
“This collaborative role assumed by LII differentiates it from most participants in the industry that view global market expansion from the perspective of profit enhancements alone,” noted Khaund. “LII realizes in order to successfully demonstrate value from its product initiatives, it is important to share best practices and lead in shaping global regulatory requirements that are tailored to local needs and priorities.”
For more information about Lennox International, visit www.lennoxinternational.com.