Energy Managers: Efficiency Not Taken Seriously by Top Brass

by | Jan 31, 2012

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Some 31 percent of British energy managers say energy efficiency is not being taken seriously by their bosses, according to a report by Siemens.

But the feeling is not replicated at boardroom level – 83 percent of directors believe that energy management matters are being paid enough attention, according to the Siemens Green League report, Edie Energy reports.

Despite energy being a significant factor of most businesses’ bottom line, 27 percent of board directors didn’t know how much the company’s energy bill was and 18 percent said that they did not know how much they would invest in energy over the next three years, the web site reports.

Some 30 percent of board directors blame a lack of perceived return on investment for their company’s lackluster investment in energy-efficiency measures, according to Edie Energy.

Earlier this year, Siemens acquired Pace Global Energy, a company that combines strategic enterprise consulting with energy and carbon management. Pace Global, a 36-year-old company, manages more than $5 billion in energy spend for 200 clients around the world.

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