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Category Archive for 'corporate action'

An accountant highlighted GBP 2,000 of overtime in one month in a large energy intensitve industry, but did not mention that the monthly energy bill at GBP 50,000, amounted to 25 times the overtime paid. When this fact came to light, the production department counted energy instead of overtime and costs fell by GBP 13,000 per month – enough to pay for the entire accounts department!

John Eggink, Managing Energy Costs

An overwhelming majority of consumers—92 percent—agree that business, government, and consumers have an equal responsibility to reduce energy use.

Alliance to Save Energy, 2005

Saving 2 billion dollar

While we have taken these actions and policy positions because they are the right things to do, I want to stress that there has also been a strong business case for what we have done. In working to reduce greenhouse gas emissions, we achieved more than $2 billion in avoided costs due to energy conservation activities – and that was before the significant energy price increases of the last few years.

Chad Holliday, Chairman and CEO, DuPont