Business

Fuel consumption and electricity are the main contributors to the EMMS group’s carbon emissions, and therefore reductions result in substantial financial savings for the participants.

The business case for sustainability

FUEL CONSUMPTION

Fuel consumption and electricity use are the most significant contributors to the group’s carbon emissions, and their reduction presents opportunities for participants to realise considerable financial gains. Over the eight years of the programme, the group has achieved an accumulated saving of 1.3m tonnes of carbon emissions from own transport. Using a conservative conversion factor for diesel, this equates to 460m litres of fuel saved, and represents a financial saving of €403m (US$446m).1,2

ELECTRICITY CONSUMPTION

The group’s electricity consumption has reduced by over a fifth since the start of the programme, decreasing from 9.95 TWh in 2008 to 7.77 TWh in 2016. This translates into an accumulated saving of 11.6 TWh over eight years. Using a conservative factor for the cost of electricity this corresponds to a saving of €1,081m (US$1,196m).3


1. The Wold Bank conversion factor of US$0.97per litre (http://data.worldbank.org/indicator/EP.PMP.DESL.CD)
2. OECD currency conversion of US dollars to Euros (https://data.oecd.org/conversion/exchange-rates.htm)
3. US Energy Information Administration (EIA), Electric Power Monthly, Average Price of Electricity to Ultimate Customers: Total by End-Use Sector (cents per Kilowatthour) (http://www.eia.gov/electricity/monthly/epm_table_grapher.cfm?t=epmt_5_03)