cfo event - edwin hamilton, is your cfo gun-shy about energy management investment?
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Source to supply...
600+ projects in the UK
From community schemes and local landowners to major renewable developers
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Businesses face a range of energy challenges now and in the future…
Managing fluctuating wholesale prices and ensuring you get the best deal for your energy
Understanding and forecasting rising non-energy costs which now make up more than half of bills
Improving energy efficiency and reducing consumption without impacting your operations
With all these challenges, how do you prioritise sustainability within your energy strategy?
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Defining corporate sustainability
Corporate sustainability is a business approach that creates long-term consumer and employee value by creating a "green" strategy aimed toward the natural environment and taking into consideration every dimension of how a business operates in the social, cultural, and economic environment.The physical environment is just one area of focus:
Carbon emissionsEnergy sources and usageWaste managementWater reductionEnergy efficiencySupply chain standards
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How can businesses make smarter energy decisions to demonstrate their commitments to sustainability?
Maximise the opportunities of carbon reporting
Exploring renewable energy purchasing options
Managing reductions in energy consumption and being more energy efficient
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Gain recognition for your energy choices through your carbon reporting
A mandatory government requirement for businesses to report annual greenhouse gas (GHG) emissions.
GHG Protocol Scope 2 Guidance introduced Jan 2015
International accounting tool to understand, quantify, and manage greenhouse gas emissionsScope 2 increases consistency of reporting whilst recognising the diverse market instruments across regionsCompanies can report emissions from their energy tariff (Market Based) rather than grid average (Location Based)
Be clear of the source of your renewable energy.Independent verification and transparency
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Different renewable options to suit your energy strategy
There are a range of renewable options you can consider for your energy contract
Renewable energy from various sources… or from specific technologies including solar, wind and Hydro.
Some of our customers have also looked to alternative renewable energy options…
Forming partnerships with renewable generators to buy the power they generate, known as ‘Linked supply’Reducing their energy bills by investing in onsite renewable generation
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Energy efficiency investment could see a return of up to 40 - 50%
Doing more with less energy results in cost savings and reduced carbon emissions
multiple support schemes and accreditations availablesmall improvements could have a big impact on costs – 40%-50% ROI on energy efficiency investments
Take advantage of the legislation around the Energy Savings Opportunity Scheme (ESOS)
Legislation requires all large undertakings to conduct energy audits to identify cost-effective energy efficiency recommendations Report compliance to the Environment Agency by 5th December 201560% of businesses have not yet allocated budgets for ESOS
Speak to us about today about your ESOS plan - www.smartestenergy.com/esos
Consumers will vote with their feet
Our research showed 4 in 5 consumers prefer to shop with brands that demonstrate sustainabilityThe brands that prioritise sustainability will win more customers than those that don’tMaking sustainability part of your energy strategy and talking to your customers about it is key to success
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Download the full report at www.sustainabilitymattersreport.com
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Choose an energy supplier that wants to work in partnership with your business
Use flexible purchasing options instead of fixed prices to secure energy at times and prices that suitEnsure full transparency with quoted market prices from the wholesale marketWork with a credible business supplier to ensure security of supplyDon’t under-estimate the value of service in energy management