Tuesday, April 12, 2005

Energy Management as a Competitiveness Issue

First, apologies for being away yesterday (and most of today, for that matter) -- doing the maddening end-of-the-semester hustle to catch up on things... Joel Makower discusses the new GreenBiz.com paper "Energy Management and Shareholder Value." I haven't had a chance to read the full paper, but Joel's blog overview points to some exciting conclusions, particularly that, through a convergence of regulation, stockholder activism and wildly volatile energy prices, "strategic energy management isn’t just a nice thing -- it’s a competitiveness issue." Investors are increasingly looking at energy management as an benchmark for overall management effectiveness and company value. Or, for the "free-market" crowd: a company that wants to continue to attract investors has take more of a double-bottom line approach, because that's what the market is demanding...

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