IBM saves $43 million by lowering energy use

6 July 2012

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8 July 2012 | Kamalpreet Badasha

IBM saved $43 million (£28 million) on energy spending and avoided the creation of 175,000 tonnes of carbon dioxide emissions according to its 2011 Corporate Responsibility report.

The technology business exceeded its annual target to save 3.5 per cent of total company energy use, and achieved savings of 7.4 per cent. The savings were a result of 23,000 conservation projects which included installing efficient lighting systems at 203 locations and upgrading equipment to reduce natural gas and electricity use.

The report also said IBM is implementing technologies to enable real-time management of energy use as part of its ‘smarter building’ technologies program which was deployed at 18 locations in 2012.

The company’s efforts have also boosted its position in the Global Energy Leaders Survey: Brands 2012 report published by analysts Verdantix.

The poll of 210 energy managers worldwide found 18 per cent of respondents considered IBM to have strong capabilities in implementing energy management technologies. The firm scored higher than rivals HP, favoured by 17 per cent of respondents, and Cisco, which was chosen by 16 per cent.

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