Energy Efficiency Indicator Survey Shows Planned Increased Investment In Sustainability
Additional investment can help address both environmental and economic recovery efforts
MILWAUKEE — Johnson Controls released the findings from its 2019 Energy Efficiency Indicator study to gauge respondents’ plans to invest in energy efficiency. The survey – in its 13th year – was completed in December 2019 prior to the widespread outbreak of the global COVID-19 pandemic, and at the time, found that almost two-thirds of global respondents (64 percent) planned to increase investment in energy efficiency, renewable energy, and smart building technology.
“Although we are in a very different environment than we were when the survey was fielded, we do see commitments to energy efficiency as promising and hope when the economy rebounds, these investments will come to fruition,” said Clay Nesler, vice president of global sustainability and regulatory affairs at Johnson Controls. “When we fielded this survey in 2010, we found that the economic recession had a surprisingly limited impact on energy efficiency investment.”