Big business to lead smart-energy revolution

Reading time: 4 minutes
5 July 2018

The world’s most influential companies hold the key to millions of dollars in untapped energy savings, The Climate Group said today (July 6, 2018), as the global not-for-profit launched a new call to action to the private sector to fast-track the uptake of connected LED lighting worldwide.

Representing up to a third of global energy demand, buildings are a key target for reducing greenhouse gas emissions. Installing LED lighting is the easiest, most immediate action a company can take to lower its carbon footprint and significantly reduce its energy costs.

According to Signify (formerly Philips Lighting), a global switch to LEDs across the private sector could avoid 403 million tons of CO2 emissions while generating US$94 billion in cost savings. This is equivalent to taking 265 million cars off the road for a year.

Also today, The Climate Group and real estate company Landsec convened key stakeholders from businesses such as BT, Schneider Electric, Swiss Re and Sky, and the wider energy sector, in London, to share how smart technologies such as LEDs, sensors and data gathering systems can enable green growth.

Helen Clarkson, CEO, The Climate Group, said, “Improving energy efficiency belongs at the core of business strategy. Installing LED lighting immediately lowers energy costs while delivering on emissions goals. In this pivotal year for climate action, every successful, energy-smart company will make LEDs their first port of call.”

Shirley Rodrigues, London Deputy Mayor for Environment and Energy, said, “We welcome this initiative to drive business leadership in climate action. Through the Mayor’s RE:FIT programme we’ve demonstrated the value of retrofitting London’s workplaces to reduce energy use with effective measures like LED lighting. We want to see London’s businesses continue to lead the way internationally through accelerating energy efficiency actions, contributing to the Mayor’s target to make London a zero-carbon city.”

Caroline Hill, Head of Sustainability and Public Affairs, Landsec, said, “Landsec have ambitious, science-based carbon reduction commitments which are well supported by The Climate Group’s EP100 and RE100 campaigns. Investing in technologies such as LED lighting helps us achieve our goals whilst reducing operational costs for our customers and improving the resilience of our buildings.”

Derek Wright, Global Head of Office Systems & Services, Signify, said, “Connected indoor LED lighting not only achieves unprecedented energy savings, it can facilitate many use cases enabled by IOT. Connected Lighting can do so much more enabling users to understand their space utilization, improve performance, send high bandwidth data, help employees find spaces to work and much more. Businesses should not delay the roll-out to connected LED lighting in their buildings to ensure they take advantage of both immediate and future benefits.”

The Climate Group already brings together leading, energy-smart companies committed to doing more with less, through its global EP100 initiative with the Alliance to Save Energy. Many of its members are transitioning to LEDs.

The high street retailer H&M, for example, has retrofitted shop outlets and is now installing LED solutions in newly built stores, expecting to use 40% less energy per square meter in stores built from 2030. Meanwhile, a package of energy efficiency measures including LEDs has already helped engineering company Danfoss to save US$10.7 million per year.

Now, The Climate Group is creating a network of leading businesses committed to switching to LED lighting, together with solution providers that offer practical and technical guidance to assist those companies making the switch.

Connected indoor LED lighting not only offers energy savings and environmental benefits, but can provide opportunities to create modern, humancentric, adaptive lighting environments, enabling staff to individually adjust their work lighting for their needs, well-being and increased wider productivity. Coupling LEDs with smart building sensors and controls, and data gathering systems can further optimize energy use and the use of workspace in offices, retail, factories, logistics, hospitality, healthcare and so on. 

The Climate Group aims to drive far greater business action on connected LED lighting, in partnership with Signify, by:

  • Facilitating knowledge-sharing between businesses and with solution providers, offering practical and technical guidance;
  • Convening experts to explore flexible financing mechanisms to help unlock new sources of funding for large-scale LED lighting projects;
  • Engaging key regional policy stakeholders to ensure government and business action goes hand-in-hand;
  • Showcasing the commitment and progress of leading businesses as they work towards their energy efficiency goals.

Since 2009 The Climate Group has been working to accelerate the switch of public street-lighting to LEDs by 2025, and through its LED Scale-Up program has successfully put LEDs on the agenda of city authorities globally. Signify estimates that a global switch to LEDs across the public and private sector could avoid 1,400 million tons of CO2 – equivalent to preventing 1,250 power plants being built, while saving US$272 billion.

Notes to editor

The figure of 265 million cars off the road for a year is based on new cars in the UK. The UK figures for the calculations are taken from the Department for Transport and the New Car CO2 2018 report by Society of Motor Manufacturers and Traders. Signify’s figures are taken from the 2015 report The LED Lighting Revolution.

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