What is energy productivity?
Energy productivity is the ratio of economic output to energy consumption. By implementing efficiency measures, EP100 members improve their energy productivity and get more bang for their buck - while reducing greenhouse gas (GHG) emissions.
Smarter energy use helps to reduce primary energy demand and accelerate the uptake of more efficient technologies and practices. Research by the Internal Energy Association suggests this will add as much as US$18 trillion to global GDP by 2035.
The business case
By upgrading equipment, digitalising systems, and changing operational behavior, businesses make the most of every unit of energy they consume - helping to reduce overheads and increase overall productivity. EP100 members are saving millions of dollars annually through smarter use of energy.
More about EP100
How We Work
The Climate Group shares the compelling business case for increasing energy efficiency, encourages knowledge-sharing and peer-learning through webinars and events, and showcases member leadership through speaking slots at key events, digital media and media outreach.
EP100 is delivered as part of the We Mean Business coalition. Alongside renewable power and electric vehicles, making smarter use of energy is a practical step companies can take to lower their emissions, future-proof their business and demonstrate climate leadership.
To become a member of EP100, companies choose among three commitments:
- Double Energy Productivity: A company commits to doubling its economic output from every unit of energy it consumes globally within 25 years, with a baseline year of 2005 at the earliest. The company chooses a relevant energy productivity metric (e.g. revenue/gigajoules (GJ) of energy) to track and report.
- Implement an Energy Management System: A company commits to implementing an energy management system (EnMS) in each of its facilities within 10 years and commits to an energy productivity target. Deploying an EnMS is a foundational step towards improving energy productivity.
- Net Zero Carbon Buildings: A company commits to owning, occupying and developing buildings that operate at net zero carbon emissions by 2030. A net zero carbon building reduces energy demand, is highly energy efficient and is fully powered by renewable electricity. This commitment is led by the World Green Building Council, and gives insight to a company’s emissions, energy demand reductions, and renewable energy solutions from an asset and portfolio level.