Minor change, major (46%) energy savings
In the summer, most finance chiefs look forward to the company’s electric bill the way men over fifty look forward to their annual prostate exams.
And while air conditioning is probably the first thing that comes to mind when it comes to sky-high electricity bills, keep this in mind: Lighting makes up at least 30% of companies’ average energy costs.
Good news: One simple move — no major changes or “green” initiatives required — can go a long way toward reducing your total energy costs.
The move: adopting a company-wide “light-out policy.” With this, companies keep their lights off throughout the building(s), and employees turn them on only when light is needed.
If you’re not doing this already, it’s worth a shot — one study states that companies using this tactic can enjoy up to 46% in energy savings.
With savings like those, any CFO can enjoy the benefits of a comfortably air-conditioned office.
Free Training & Resources
White Papers
Provided by UJET
Further Reading
CFOs intend to continue cutting costs and boosting efficiency in every area possible through 2024 and probably well into 2025. And unfortun...
The demand for finance chiefs is growing. Yet more companies are replacing their CFOs. Even so, CFOs are a lot less worried about AI taking...
Here’s a common scenario: An individual leaves one employer for another. The previous employer offered a 401(k) plan. The individu...
Generosity is alive and well in America. The following story is proof positive. Harvey and Maddy Rovinsky own Bernie Robbins Jewelers (B...
How did a diversity, equity and inclusion (DEI) program manager defraud Facebook and Nike of more than $5 million? With the help of crooked...
If you believe workplace polls, more than half of working adults do just about the bare minimum that’s required to keep their jobs. ...